US Treasury Secretary Scott Bessent urged the Senate to pass the Clarity Act, accusing Democrats of political delays and warning the US risks losing its digital asset leadership without clear regulation. The bill aims to establish a federal framework for crypto markets.
The Senate Judiciary Committee postponed voting on Todd Blanche's nomination as U.S. Attorney General due to concerns from Republican Senators John Cornyn and Thom Tillis over the DOJ's settlement with President Trump, which Blanche oversaw.
Jay Clayton, a former Wall Street lawyer and federal prosecutor with no traditional intelligence background, has been confirmed as the next US Director of National Intelligence (DNI) in a 51-47 Senate vote, prompting concerns over his approach to the role.
Dr. Anthony Fauci invoked his Fifth Amendment right against self-incrimination at a Senate hearing, refusing to answer questions from Senator Rand Paul regarding the COVID-19 pandemic response and alleged perjury, citing potential prosecution.
XRP's price hangs in the balance as the US Senate shelves the Clarity Act, crucial for its commodity classification, and the market awaits the Fed's rate decision under new Chair Kevin Warsh.
Anthony Fauci, były dyrektor NIAID, odmawia odpowiedzi na pytania senackiej komisji, korzystając z piątej poprawki do Konstytucji USA, odrzucając oskarżenia o finansowanie badań w Chinach, które mogły doprowadzić do pandemii COVID-19.
Senate negotiations on the CLARITY Act are stalled over ethics language limiting profits from digital assets for senior officials, including the President and Vice President, with Democrats seeking stronger restrictions to secure their votes.
Dr. Anthony Fauci invoked the Fifth Amendment during a Senate hearing led by Sen. Rand Paul, refusing to answer questions about his handling of the COVID-19 pandemic, citing potential self-incrimination. This move followed years of accusations by Paul that Fauci lied about the pandemic, which Fauci termed 'preposterous'. Meanwhile, the U.S. Postal Service faces scrutiny over its ability to deliver mail ballots on time ahead of the midterms.
SEC Chairman Paul Atkins warns the agency will establish its own crypto market rules if Congress fails to pass the Clarity Act, emphasizing the need for statutory certainty over administrative actions.
Dr. Anthony Fauci invoked the Fifth Amendment during a Senate hearing, refusing to answer questions about his role in the US COVID-19 response, citing legal advice. The hearing, led by Senator Rand Paul, focused on alleged misleading statements about the pandemic's origins and US-funded research in Wuhan, China.
Retired immunologist Anthony Fauci, 85, invoked the Fifth Amendment, refusing to answer Senate questions about his COVID-19 pandemic handling, citing fear of twisted words leading to criminal prosecution.
Fidelity Investments, the world's third-largest asset manager, joins a coalition of financial and crypto firms urging the US Senate to pass the CLARITY Act, aiming to establish a clear regulatory framework for digital assets to boost investor confidence and US leadership in global crypto markets.
The 2023 midterm elections pose high stakes for Trump's presidency, as a predicted Democratic House majority could lead to two years of investigations and a potential third impeachment, with Decision Desk HQ forecasting a 224-211 Democratic majority.
Donald Trump's second administration sees a record 27 Senate-confirmed officials leaving, facilitating a power grab by concentrating power in the presidency through acting officials, aided by recent Supreme Court rulings.
Crypto advocacy groups urged Senate leaders to bring the CLARITY Act to the floor before the August recess. The bill faces 60-vote threshold hurdles and remaining disputes over ethics and market structure provisions.
The CDC has updated its guidance on autism and vaccines, shifting from assurances of no link to acknowledging scientific research has not definitively ruled out a connection, citing the need for comprehensive assessment amid political pressures and nomination considerations.
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.
Democratic Senator Ruben Gallego announced he will collaborate with Republicans on a counterproposal for the CLARITY Act's ethics provisions, calling the recently released draft "not a serious effort" due to its perceived shortcomings in barring federal officials from digital asset involvement.
The US Senate Commerce Committee approved the "Connected Vehicle Security Act of 2026," which bans vehicles from companies with over 15% Chinese ownership. This legislation could bar Mercedes-Benz (due to 20% Chinese investment) and Polestar (majority-owned by Geely) from the American market, prompting concerns from European automakers.
The Philippine economy faces fragility due to internal political turmoil, a corruption scandal, energy shocks, and extreme weather, despite inflation easing to 6.4% in June. ING's report highlights ongoing economic pressures, suggesting the central bank may not yet declare victory over inflation.
Democratic Senator Ruben Gallego criticized the ethics provisions in the Senate Republicans' proposed CLARITY Act as "not a serious effort," stating they fall short. He announced plans to work with Republican Senator Thom Tillis on a counterproposal to the draft, which aims to bar federal officials, including the President, from issuing or sponsoring digital assets.
President Donald Trump's second term has seen 27 Senate-confirmed Cabinet department officials depart by July 2026, more than double his first term and significantly higher than previous administrations. Many positions remain unfilled, with Trump preferring acting officials, leading to scrutiny over appointments like Bill Pulte as acting DNI.
Senator Bernie Moreno has introduced a bill to restrict the use of vehicle software and hardware from companies with significant Chinese ownership in the US, citing national security concerns. The bill would prohibit connected vehicles if their manufacturer is more than 15% owned or controlled by Chinese entities.
The US Senate blocked a resolution aimed at preventing President Trump from initiating war with Iran without Congressional approval, despite the House passing a similar measure. This occurs amid escalating US-Iran tit-for-tat strikes, with Trump considering a "massive attack" and mediators urging a ceasefire.
