Elizabeth Warren accuses US regulator of approving unqualified crypto banks

In a letter to the Comptroller of the Currency, Warren argued nine national trust bank charter approvals for crypto firms violated the National Bank Act.

The post Senator Warren Urges SEC to Investigate Trump-Linked Crypto Firm WLFI appeared on BitcoinEthereumNews.com. The post Senator Warren Urges SEC to Investigate Trump-Linked Crypto Firm WLFI appeared first on Coinpedia Fintech News Elizabeth Warren is pushing for a new SEC investigation into World Liberty Financial, the Trump family-linked crypto project, over allegations involving investor treatment, token sales, and a controversial $75 million crypto-backed loan.  The move comes at a sensitive time for the crypto industry as U.S. lawmakers debate major digital asset legislation through the CLARITY Act. Warren Questions WLFI Token Structure In a letter sent to SEC Chair Paul Atkins on May 14, Warren asked regulators to examine whether World Liberty Financial may have misled investors or violated securities laws tied to its WLFI governance token. According to Warren, Trump family-affiliated entities are reportedly entitled to receive 75% of token sale proceeds after expenses, while

The post Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill appeared on BitcoinEthereumNews.com. Key Takeaways The Senate Banking Committee advanced the CLARITY Act 15-9 on May 14, 2026, despite Warren’s 44 amendments and sharp opposition. Warren warned the 309-page bill would “blow up the economy” and “blow a hole” in investor protections dating to 1929. A poll found 52% of Americans support the CLARITY Act, which now needs 60 Senate votes to clear the full chamber. Warren’s 44 Amendments and Three Core Objections Warren arrived at the May 14 markup armed with 44 proposed amendments, none of which passed. Her objections centered on three claims, i.e., that the bill would “blow a hole in our securities laws that have protected investors since 1929,” that it allows companies to “opt out” of SEC regulation simply by going onchain, and that it “declares open season on defrauding American consumers who use crypto.” In additional remarks that d

Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The committee still voted 15-9 to advance the bill to the full Senate floor. Warren’s 44 Amendments and Three Core Objections Warren arrived at the May […]

The post Warren Pushes SEC Probe as CLARITY Act Faces Final Hurdles appeared on BitcoinEthereumNews.com. Senator Elizabeth Warren called on the SEC to investigate a Trump family-linked crypto business. The comments came during the Senate Banking Committee markup of the CLARITY Act. Reports said DeFi rules, BRCA language, and Democratic support became key late-stage issues. Senator Elizabeth Warren called on the SEC to investigate a crypto company linked to President Donald Trump’s family as the CLARITY Act faced a tense Senate Banking Committee markup. Her remarks added fresh pressure to a bill already caught between ethics concerns, DeFi rules, and late-stage amendment fights. The dispute raised a direct question for crypto markets: Will the CLARITY Act stall before reaching the Senate floor? Current signs show the bill can still move, but its bipartisan path has narrowed as Democrats press for stronger guardrails on conflicts of interest and market oversight.  Warren Raises Trump Cry

CLARITY Act advanced 15-9 with Democrat Ruben Gallego joining all 13 Republicans as Elizabeth Warren called it 'just not ready.'

The post CLARITY Act: Galaxy’s Alex Thorn Reveals Secret To Securing Bipartisan Support appeared on BitcoinEthereumNews.com. Galaxy Digital’s Alex Thorn says the newest edition of the CLARITY Act could get a much-needed bipartisan boost. For this, he spotlighted a surprising addition with Senators John Kennedy and Elizabeth Warren. Alex Thorn Reveals How CLARITY Act Could Get Bipartisan Backing The U.S. Senate Banking Committee on Tuesday released the entire text of the CLARITY Act. In the draft, Thorn noted that the addition of the “Build Now Act” could help garner more bipartisan political support before this week’s markup. Thorn outlined each of these changes in a series of posts on X. He mentioned notable updates to a variety of sections of the proposed plan. These include new powers for the SEC, definition of DeFi, provisions on insider trading, and the bankruptcy regulations for crypto companies. In addition, he noted that the CLARITY Act has specifically added Section 904, the ‘

The Senate Democrat said Meta’s reported plans to partner with a third-party stablecoin issuer could undermine “competition, privacy… and financial stability.”