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Months of negotiations have brought the CLARITY Act to its final review stage, with Senator Cynthia Lummis confirming a July 4 release of the updated text ahead of a Senate push later in July. According to Lummis, who spoke with…
Senator Cynthia Lummis announced Wednesday that the Digital Asset Market Clarity Act will reach the Senate floor in July, the first public floor-date commitment from the bill's lead sponsor. Lummis made the statement on Fox Business and challenged JPMorgan CEO Jamie Dimon to review the bill over
Congress Sends Anti-CBDC Housing Bill To Trump After House Vote TL;DR The House passed the 21st Century ROAD to Housing Act after earlier Senate appr
Democrats want the Senate to hold hearings on the dealings between the Trump administration, World Liberty Financial and Abu Dhabi royalty.
Both chambers of Congress have passed the 21st Century ROAD to Housing Act, which prohibits the Federal Reserve from issuing a central bank digital currency until December 31, 2030. The House cleared the bill 358-32 on Tuesday, one day after the Senate's 85-5 vote, sending it to President Trump for
Passing the CLARITY Act could streamline digital asset regulations, reducing costs for consumers and enhancing US competitiveness globally. The post The Digital Chamber CEO urges Senate to pass CLARITY Act to reduce financial costs appeared first on Crypto Briefing.
Cody Carbone of The Digital Chamber testified Tuesday before the Senate Banking Committee that passing the CLARITY Act is a prerequisite for reducing financial friction costs that fall hardest on lower-income households, as no Senate floor vote has yet been scheduled.
Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote. According to testimony delivered by Carbone, chief executive of The Digital Chamber, at…
Close to 100 Catholic bishops and church leaders have sent a letter to Senate leadership opposing the CLARITY Act, arguing that a provision shielding non-custodial developers from money-transmitter rules would weaken federal safeguards against human trafficking and other financial crimes.
The CLARITY Act has faced fresh opposition from a trafficking prevention group as Senate lawmakers continue weighing the crypto market structure bill ahead of a narrowing legislative window this year. According to a letter obtained by Punchbowl, the Alliance to…
Louisiana Senator John Kennedy largely dismissed what he called the “promotion” of cryptocurrency by the Digital Chamber CEO Cody Carbone in a Senate hearing on affordability.
Cassidy's proposal highlights the urgent need for innovative solutions to secure Social Security's future, potentially reshaping fiscal policy. The post Bill Cassidy proposes $1.5T investment fund for Social Security reform before leaving Senate appeared first on Crypto Briefing.
The US Senate voted 85-5 Monday to pass the 21st Century ROAD to Housing Act, which includes a provision barring the Federal Reserve from issuing a central bank digital currency until December 31, 2030. The sweeping bipartisan bill heads to the House for a final vote before going to President
The House Financial Services Committee scheduled a July 17 field hearing on the digital-asset market-structure bill, part of a July calendar that puts the CLARITY Act on a tight clock before the August recess.
The Senate's decision on the CLARITY Act will shape the US's competitive stance in the global digital asset market and regulatory landscape. The post Digital Asset Market Clarity Act faces tight Senate negotiations before August recess appeared first on Crypto Briefing.
The Digital Asset Market Clarity (CLARITY) Act is heading into a pivotal stretch, with the House scheduling two July hearings tied to Federal Reserve policy and digital-asset innovation. Senator Cynthia Lummis is pressing for a Senate floor vote before the August recess. A Packed July Calendar The legislative fight over U.S. crypto market-structure rules now […]
Independent senator says Anthony Albanese is preparing to announce an AI copyright plan in July Independent David Pocock has challenged the Albanese government to rule out letting technology giants use Australian content to train AI models, as cabinet considers proposals to change copyright rules for the rapidly developing technology. Pocock used Senate question time on Tuesday to ask the government about intense lobbying from AI proprietors over possible new rules and regulations for Australian-made content – including suggestions Labor would create a new “carve out” or extend existing licensing arrangements. Continue reading...
The U.S. Senate passed the 21st Century ROAD to Housing Act late Monday in an 85-5 vote, attaching a four-year ban on a Federal Reserve central bank digital currency (CBDC) to the sweeping housing package. The bill now moves to the House, where lawmakers could vote within days. A Four-Year Prohibition Senators voted 85-5 on […]
Senate passed a housing bill with a four-year Fed CBDC ban, moving a digital dollar block toward the House and Trump’s desk for final votes.
The Senate's CBDC ban boosts private digital currencies, impacting global financial dynamics and setting a precedent for future US policy. The post Senate passes housing bill banning Fed from issuing CBDC appeared first on Crypto Briefing.
