US lawmakers emphasize the critical need for the US to maintain its lead in AI development over China, citing economic and military implications, during a congressional hearing on AI innovation and dominance.
Federal Reserve Chair Jerome Powell has said he plans to remain a member of the Federal Reserve board after his term as chair expires this month.
The CLARITY Act's markup has moved past the stablecoin yield standoff to Sen. John Kennedy's housing frustration, unresolved protections for software developers, and the Republican vote math that Senate Banking Chair Tim Scott still needs to close. The Tillis-Alsobrooks compromise that broke the yield deadlock allows stablecoin rewards tied to platform usage and activity while […] The post Crypto Clarity rules may be delayed because Congress is somehow stuck arguing over housing appeared first on CryptoSlate.
