CLARITY Act Heading To Senate Vote April 14–20 As Lawmakers Strike Stablecoin...
Lawmakers signaled a major advance Wednesday toward passing the long-awaited CLARITY Act, the bill intended to create a clearer market-structure framework for cryptocurrencies in the United States. Tentative Stablecoin Deal Politico reported that key senators have reached a tentative agreement with the White House on language meant to bridge a central dispute between banks and crypto firms over stablecoin yields — a development that could unblock the legislation in the coming weeks. Related Reading: AI Model Ranks Bitcoin, XRP, And ETH For 2026: Expected Returns And Price Targets Senator....
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In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028. The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board of governors of the Federal Reserve System until 2026.In an 80–19 landslide vote on the Senate floor on Thursday, U.S. lawmakers confirmed Powell as chair of the Federal Reserve, a position he held from February 2018 until February 2022, when he was named chair pro tempore until a confirmation vote could be secured. Powell....
In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard as vice chair of the Federal Reserve System for four years. After weeks of delays due, in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member of the Federal Reserve's board of governors, as the next vice chair of the central bank.In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Brainard a vice chair of the Federal Reserve for four years, potentially beyond her term as a governor ending in January 2026. Brainard was....
An effort by Arizona lawmakers to prohibit the tracking of guns using blockchain technology has now progressed to the Senate. As CoinDesk reported earlier this month, a proposed new bill would prevent the use distributed ledgers in firearm tracking, with the exception of law-enforcement applications. The concept, put forward by technologists in the blockchain space, is that such a system could create an immutable history of transactions that records every time a gun is fired, for example. The proposed bill, HB 2216, has now cleared the Arizona House of Representatives by a 34-25 vote, with....
The US Senate is preparing for a possible vote on the crypto market structure bill, which would outline clear rules for how the country should deal with digital assets. Related Reading: Strategy Stock Crashes 60% — But Michael Saylor Refuses To Step Aside Lawmakers say the measure could finally settle the long-running dispute over whether […]
Reports indicate investment bank TD Cowen warned the CLARITY Act may not pass until 2027 and could take effect in 2029. Related Reading: $100K Bitcoin? Prediction Market Odds Climb To 40% Lawmakers And Deadlines The bill’s timetable is tight. Alex Thorn of Galaxy Digital said if the CLARITY Act doesn’t clear committee by the end […]