Senate Banking Committee - Febspot

Senate Banking Committee

A collection of 20 posts

Trump nominates Kevin M. Warsh as next Federal Reserve chair — Static01.nyt.com

Trump nominates Kevin M. Warsh as next Federal Reserve chair

President Trump announced on Friday, Jan. 30, 2026, that he was nominating Kevin M. Warsh to serve as the next chair of the Federal Reserve; if confirmed by the Senate, Mr. Warsh would replace Jerome H. Powell when Mr. Powell’s term ends in May. Mr. Trump praised Mr. Warsh

CLARITY Act Advances 12–11 in Senate Agriculture — No Democratic Support — Assets.beincrypto.com

CLARITY Act Advances 12–11 in Senate Agriculture — No Democratic Support

The Senate Agriculture Committee passed its portion of the CLARITY Act on a 12–11 party-line vote on Wednesday, with no Democrats voting in favor, underscoring the bill’s fragile path forward. Committee Chairman John Boozman called the markup the culmination of months of bipartisan discussions and said talks had

White House may withdraw backing for CLARITY Act after Coinbase exit — Assets.beincrypto.com

White House may withdraw backing for CLARITY Act after Coinbase exit

Beincrypto reports the White House is considering withdrawing support for the CLARITY Act after Coinbase pulled its backing and declined to return to negotiations, according to multiple reports. The CLARITY Act, originally passed by the House to settle whether most digital assets fall under the CFTC or the SEC, initially

DeFi leaders press lawmakers after CLARITY markup postponed — Images.cointelegraph.com

DeFi leaders press lawmakers after CLARITY markup postponed

The US Senate Banking Committee has indefinitely postponed a markup of the Digital Asset Market Clarity Act (CLARITY), and leaders in decentralized finance are using the delay to press lawmakers on concerns with the bill. Crypto industry groups had raised objections to provisions related to tokenized equities, stablecoin rewards and

Powell Draws Bipartisan Backing After Justice Department Inquiry — Static01.nyt.com

Powell Draws Bipartisan Backing After Justice Department Inquiry

Jerome H. Powell, chair of the Federal Reserve, this week drew broad bipartisan support after the Justice Department opened a criminal investigation and the Fed received grand jury subpoenas on Jan. 9. Powell had expected to find allies because of years of deliberate relationship-building on Capitol Hill. He was in

Bank of America CEO warns interest-bearing stablecoins may draw up to $6 trillion — Images.cointelegraph.com

Bank of America CEO warns interest-bearing stablecoins may draw up to $6 trillion

Bank of America CEO Brian Moynihan warned that interest-bearing stablecoins could pull as much as $6 trillion out of the US banking system, saying large-scale deposit migration would reduce banks' lending capacity and push borrowing costs higher. The comments surfaced after a crypto investor shared a screenshot of Bank

Senate Democrats plan Friday call with crypto industry on stalled market-structure bill — Cdn.sanity.io

Senate Democrats plan Friday call with crypto industry on stalled market-structure bill

Senate Democrats are planning a Friday call with the crypto industry to discuss the state of a market-structure bill, sources say. The legislation has been postponed in the Senate Banking Committee, and the planned call is intended to address its status, sources said. The next step is the planned Friday

Senate Banking Committee delays CLARITY Act vote amid industry opposition — Assets.beincrypto.com

Senate Banking Committee delays CLARITY Act vote amid industry opposition

The Senate Banking Committee delayed a planned vote on the CLARITY Act, Beincrypto reported. The postponement followed industry backlash and the late withdrawal of support from prominent crypto figures. The 278-page bipartisan proposal was released Monday and had been set for a committee vote on Thursday, but was postponed Wednesday

Coinbase CEO says Senate CLARITY Act markup could resume 'in a few weeks' — Images.cointelegraph.com

Coinbase CEO says Senate CLARITY Act markup could resume 'in a few weeks'

Coinbase CEO Brian Armstrong said in a CNBC interview at the US Capitol that the planned Senate Banking Committee markup of the CLARITY Act was postponed after he posted on X that Coinbase was withdrawing its support for the bill to establish digital asset market structure. Armstrong told CNBC that

Coinbase pullout delays CLARITY Act markup; Senate leaders say talks continue — Assets.beincrypto.com

Coinbase pullout delays CLARITY Act markup; Senate leaders say talks continue

Beincrypto reports that Coinbase’s abrupt withdrawal delayed a scheduled Senate Banking Committee markup of the CLARITY Act, but Senate leaders and industry figures say negotiations remain ongoing and the reform effort is still alive. Senate Banking Committee Chair Tim Scott framed the pause as constructive, saying he had spoken

Senator Lummis says Senate may delay crypto market structure bill hearing — Cdn.sanity.io

Senator Lummis says Senate may delay crypto market structure bill hearing

Senator Cynthia Lummis told Bloomberg the Senate Banking Committee may delay its hearing on the crypto market structure bill, which was originally scheduled for Thursday. The comment, made to Bloomberg, indicates the planned committee session on the bill might not proceed as scheduled. The matter pertains to the Senate Banking

Coinbase withdraws support as crypto leaders split over CLARITY Act — Images.cointelegraph.com

Coinbase withdraws support as crypto leaders split over CLARITY Act

Crypto industry executives are split over the market structure bill known as the CLARITY Act, with Coinbase withdrawing its support while other figures in the sector urge moving the legislation forward; a planned Senate markup this week was delayed by the Senate Banking Committee, the outlet said. Key Topics Crypto,

Senate Banking Committee halts crypto market-structure markup — Cdn.sanity.io

Senate Banking Committee halts crypto market-structure markup

The Senate Banking Committee has cancelled a planned markup on crypto market structure. The committee's Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weight of unfinished business. The outlet did not provide further details on next steps. Key Topics Politics, Senate

Tim Scott says he hopes to advance crypto market structure bill — Cdn.sanity.io

Tim Scott says he hopes to advance crypto market structure bill

Senator Tim Scott, chairman of the Senate Banking Committee, told CoinDesk he hopes to advance a crypto market structure bill. Scott said some issues remain unresolved, according to CoinDesk. He made the comment in his capacity as the committee's chair. He indicated a desire to move the legislation

Paradigm VP Justin Slaughter predicts crypto market-structure bill rulemaking could take years — Images.cointelegraph.com

Paradigm VP Justin Slaughter predicts crypto market-structure bill rulemaking could take years

Justin Slaughter, Paradigm’s vice president of regulatory affairs, said rulemaking for the U.S. crypto market-structure bill could take many years to complete. The bill has advanced to the Senate committee stage with bipartisan text and ongoing negotiations, and is set for a markup with the Senate Banking Committee

Senate draft would permit activity-based stablecoin rewards under limits — Images.cointelegraph.com

Senate draft would permit activity-based stablecoin rewards under limits

An amended US Senate CLARITY Act draft, titled the Digital Asset Market Clarity Act, would allow crypto firms to offer activity-based rewards to stablecoin users, the draft and accompanying materials released by Senate Banking Chair Tim Scott and shared with Cointelegraph show. The proposal states that certain rewards and incentives

Advocacy group runs prime-time ads pushing DeFi exclusion from Senate crypto bill — Assets.beincrypto.com

Advocacy group runs prime-time ads pushing DeFi exclusion from Senate crypto bill

Beincrypto reports a new advocacy group has launched prime-time television ads urging lawmakers to exclude decentralized finance from the upcoming Senate crypto market-structure bill. The group, calling itself 'Investors for Transparency,' began airing spots during Fox News prime-time and urged viewers to pressure senators to remove DeFi provisions

Senate Republicans move toward crypto vote as Democratic support uncertain — Cdn.sanity.io

Senate Republicans move toward crypto vote as Democratic support uncertain

Senate Republicans are moving toward a vote on a cryptocurrency bill, and Senator Cynthia Lummis has hinted that a Banking Committee draft is circulating. The Agriculture Committee said it is still hoping to produce a bipartisan version. Democratic buy-in remains uncertain. It is unclear whether the Banking Committee draft will

Byron Donalds filed $100,000 Bitcoin purchase as CLARITY Act nears — Assets.beincrypto.com

Byron Donalds filed $100,000 Bitcoin purchase as CLARITY Act nears

Beincrypto reported that Representative Byron Donalds filed this week a purchase of up to $100,000 in Bitcoin while serving on the House Subcommittee on Digital Assets. The timing of the disclosure has drawn scrutiny amid renewed concerns about congressional trading and speculation that clearer regulation could influence Bitcoin’s

CLARITY Act's fate rests on bipartisan support in Senate Banking Committee, analyst says — Images.cointelegraph.com

CLARITY Act's fate rests on bipartisan support in Senate Banking Committee, analyst says

The passage of the Digital Asset Market Clarity Act of 2025, known as the CLARITY market structure bill, hinges on bipartisan support in the United States Senate Banking Committee, Alex Thorn, head of research at Galaxy, said. Thorn added the bill is unlikely to come up for a second vote