The revised CLARITY Act faces unusual divisions among Wall Street, Washington, and the crypto industry. While Goldman Sachs supports advancing the bill, banking groups oppose stablecoin reward provisions. Cardano's founder aligns with Senator Warren on presidential involvement, complicating its path to Senate passage.
The SEC has scheduled three crypto-related rule proposals for July, focusing on token offerings, broker-dealer custody, and trading venues. These proposals could advance the regulatory process before Congress decides on the CLARITY Act, potentially shaping the future of crypto regulation in the US.
US crypto firms and advocacy groups are intensifying lobbying efforts to secure a Senate vote on the Digital Asset Market CLARITY Act before the August recess. The bill aims to establish a federal framework for digital assets, dividing oversight between the SEC and CFTC, but faces hurdles over anti-money laundering provisions and ethics concerns.
President Trump claims Iran is willing to concede significantly amid tensions, despite the US Senate voting 50-48 to block his military action against Iran, reflecting growing congressional concern over the unpopular conflict.
The US Senate voted to block President Trump's military action against Iran, while Trump claimed Tehran agreed to "highest level Nuclear inspections long into the future." Iran denied new commitments on inspections, and its banks were hit by cyberattacks amid ongoing peace talks and the potential release of frozen assets.
The US Senate passed a resolution to halt further military action against Iran without congressional authorization, with four Republicans joining Democrats. President Trump criticized the vote as "meaningless" and "poorly timed."
The US Senate passed a war powers resolution 50-48, directing President Trump to halt military action against Iran. This marks the first time both chambers of Congress have passed such a resolution since 1973, signaling growing congressional concern over the conflict.
The U.S. Senate voted 50-48 to halt President Trump's military actions against Iran, a rare bipartisan rebuke. The war powers resolution, previously passed by the House, faces White House claims of lacking legal force but represents a symbolic setback and highlights a constitutional debate over war powers.
The US Senate passed the 21st Century Road to Housing Act, which includes a ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030. The bill, expected to pass the House, aims to increase housing supply and includes carve-outs for stablecoins.
The US Senate voted 52-47 to provide $70 billion for DHS, funding ICE and Border Patrol for three years, amid Democratic opposition and controversy over Trump's deportation policies.
Senate Republicans are advancing a $72 billion reconciliation package for immigration enforcement, excluding Secret Service funding. This follows a delay over concerns about a "weaponization fund" for those alleging federal targeting, though former President Trump's stance remains unclear.
French senators rejected a proposed military budget increase, despite broad parliamentary support. The LR party's amendment for an additional 50 billion euros was narrowly defeated, leading to the rejection of the main budget article.
Donald Trump is reportedly reconsidering a $1.8bn fund for allies after facing legal challenges and political backlash, including from within his own party. The fund, intended to compensate victims of politicized prosecutions, has been temporarily blocked by a judge and criticized as a "Maga slush fund."
A proposed compensation fund by Donald Trump for alleged victims of the US justice system is causing internal Republican dissent, delaying a crucial Senate vote on immigration agency funding. Critics suspect it's a reward for Trump allies.
France's Senate has voted to ban the sale of nitrous oxide to the public for the second time. The measure, part of the Ripost bill, aims to curb the misuse of "laughing gas" which has been linked to increased road fatalities and health issues among youth. While the government initially proposed restrictions, senators pushed for a general ban, with potential derogations for professionals. Concerns about compatibility with European law were raised by the Interior Minister.
Le Sénat français a voté pour interdire la vente aux particuliers du protoxyde d'azote, un gaz euphorisant dont l'usage détourné inquiète. Une dérogation est possible pour les professionnels. Le ministre de l'Intérieur a exprimé des réserves sur la compatibilité avec le droit européen, mais Bruxelles prévoit une interdiction similaire en 2027.
The Senate voted 50-47 to advance a war powers resolution targeting Donald Trump's war in Iran. Four Republicans joined Democrats in supporting the measure, which aims to force congressional authorization for continued conflict. Senator Bill Cassidy cited a lack of clarity from the White House as his reason for voting to advance the bill.
The French Senate voted to ban the sale of nitrous oxide to individuals, citing its misuse as a "scourge" linked to increased road fatalities. The "Ripost" bill also introduces penalties for inhalation and public abandonment of canisters.
The US Senate has voted 50-47 to require the White House to end the military operation against Iran, marking the first time such a resolution has passed a procedural vote. Despite potential approval by the House, President Trump is expected to veto it.
The US Senate Banking Committee voted to advance the Clarity Act, a cryptocurrency legalization bill, to a full Senate vote, with two pro-crypto Democrats (Gallego and Alsobrooks) breaking ranks to support it alongside all Republicans, citing ongoing ethics negotiations despite no deal yet reached.
Kevin Warsh confirmed as Fed Chair with 54-45 Senate vote, split largely along party lines, to lead the central bank amid inflation pressures and Trump administration demands to lower interest rates.
The US Senate confirmed Kevin Warsh as the new Federal Reserve Chair, succeeding Jerome Powell, with party-line votes (54-45 for chair, 51-45 for governor). Warsh, previously a Fed governor under Bush and Obama, faces concerns over independence from the White House. His confirmation coincides with upcoming Senate Banking Committee markup on the Digital Asset Market Clarity Act (CLARITY), impacting crypto regulation.
Kevin Warsh confirmed as Federal Reserve Chairman with 54-45 Senate vote, tasked with managing high inflation and navigating pressures on Fed independence from the Trump administration.
The US Senate has approved Kevin Warsh as a Federal Reserve governor, with a vote on his confirmation as chair expected soon.
