Warren’s campaign against crypto may give way to more nuanced debate among Democrats

dlnews.com Democratic Senator Elizabeth Warren’s campaign against crypto recently encountered opposition within her own party as both the Senate and House voted against a Securities…

Five things to know about Biden’s controversial retirement rule

thehill.com The Biden administration finalized a rule cracking down on retirement advice last month that one Democrat and Republicans are already pushing to overturn. Here’s what you…

How crypto will play a major role in the 2024 U.S. presidential race

ambcrypto.com SEC scrutiny elevated crypto in the 2024 election discourse and strategies. The year 2024 has been quite eventful, with notable events such as the approval of a spot Bitcoin…

The Dow hitting 40,000 won’t fix Biden’s biggest campaign problem. Here’s what will

msnbc.com The Dow Jones Industrial Average closed above 40,000 points Friday, after crossing that threshold Thursday for the first time in its 128-year history. President Joe Biden’s…

Feds Charge Chinese Nationals in $73 Million 'Pig Butchering' Crypto Scam

decrypt.co Two Chinese nationals were charged with orchestrating a large-scale cryptocurrency scam that netted at least $73 million in laundered funds, the U.S. Department of Justice…

McConnell, Collins on collision course with Democrats over spending parity

thehill.com Senate Republicans are on a collision course with Democrats who are insisting that nondefense spending programs receive equal treatment with defense programs. Senate…

Statement on Chairman Glenn Thompson's 'Corrupt' House Farm Bill Released Today

benzinga.com WASHINGTON, D.C., May 17, 2024 (GLOBE NEWSWIRE) -- Today, the Organization for Competitive Markets and Competitive Markets Action released the following statement in…

Warren expresses support for SEC’s controversial SAB 121 bulletin

cryptoslate.com Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16. Warren asserted that the bulletin, which…

Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks

abcnews.go.com Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits, political and legal challenges to the idea of whether the Federal…

Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?

coindesk.com The U.S. Senate joined the House of Representatives in voting to repeal a controversial U.S. Securities and Exchange Commission (SEC) accounting rule that imposed burdensome…

Vindicated by Court, CFPB Director Chopra says bureau will add staff, consider new rules on banks

aol.com Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits and political and legal challenges to the idea of whether the Federal…

Crypto Takes Center Stage in 2024 Election on Bankless

bankless.com Are Biden and Trump about to make crypto a mainstream issue in the General Election? America is about to pick its next president, and this time, crypto is part of the…

Supreme Court rejects challenge to CFPB

theweek.com The Supreme Court ruled 7-2 on Thursday that the Consumer Financial Protection Bureau's funding mechanism is constitutional, rejecting the latest conservative-backed…

SEC Suffers Embarrassing Blow To Anti-Crypto Bill, Ripple CLO Celebrates The Victory

bitcoinist.com The United States Securities and Exchange Commission (SEC) has experienced another embarrassing setback, as an anti-crypto bill proposed by the regulator has been completely…

Pro-XRP Lawyer Outlines Reason Behind Senate Seat Campaign

bitcoinist.com Pro-XRP attorney and well-known cryptocurrency supporter John E. Deaton has disclosed the primary motivation for his Senate run in the United States, highlighting the…

U.S. Senate Rejects SEC’s Crypto Accounting Rule But Biden May Veto The Vote

thedefiant.io The resolution received bipartisan support in both the Senate and House of Representatives. The U.S. Senate passed a joint resolution seeking to overturn an accounting rule…

US Senate Votes to Kill SEC Bitcoin Accounting Policy in a Historical Vote

nobsbitcoin.com No Bullshit Bitcoin is funded by our community. In a 60-38 vote, the U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial…

Crypto Just Had A Game-Changing Moment, But Will Biden Veto?

bitcoinist.com In a potentially game-changing moment for the crypto sector, the US Senate has passed H.J. Res 109, a bill seeking to overturn the Securities and Exchange Commission’s (SEC)…

Senate Passes Crypto Custody Bill, But Biden’s Veto Threatens

coinpedia.org The post Senate Passes Crypto Custody Bill, But Biden’s Veto Threatens – What Will Happen in 10 Days? appeared first on Coinpedia Fintech News The Senate finally passed the…

Pro-XRP Lawyer John Deaton Blasts Warren and SEC Over Crypto Regulation

coingape.com John Deaton, a prominent pro-XRP lawyer, has issued a strong critique of the SEC and Senator Elizabeth Warren, accusing them of prioritizing political agendas over investor…

Senate Passes Bill To Scrap Anti-Crypto Banking Policy

cryptopotato.com The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious…

Ticker: Supreme Court OKs consumer finance bureau

bostonherald.com The Supreme Court on Thursday ruled 7-2 that the Consumer Financial Protection Bureau, the brainchild of Democratic Sen. Elizabeth Warren and long opposed by Republicans and…

Warren celebrates CFPB win at Supreme Court, warns of more challenges

thehill.com Sen. Elizabeth Warren (D-Mass.) celebrated the Supreme Court’s Thursday decision to reject a GOP challenge to the Consumer Financial Protection Bureau’s (CFPB) funding…

Senators allege partisan politics, double standards in response to FDIC scandal

thehill.com Republican and Democratic senators accused one another of playing partisan politics Thursday in their responses to reports of a toxic workplace culture at the Federal…

Democrats cheer after Supreme Court rejects challenge to consumer bureau

thehill.com Democrats and financial industry critics celebrated Wednesday after the Supreme Court rejected a challenge to the Consumer Financial Protection Bureau's (CFPB) funding…

Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto

bitcoinmagazine.com Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms…

Elizabeth Warren Defends Embattled FDIC Chairman

wsj.com Sen. Elizabeth Warren defended the tenure of beleaguered FDIC Chairman Martin Gruenberg, saying Republicans wanted him to resign to have more control over the regulation of…

Breaking: Despite Warren’s Concerns, Senate Passes Crypto Bill Allowing Banks to Hold Bitcoin

coingape.com U.S. Senator Elizabeth Warren has called on the Senate to vote against proposed legislation allowing highly regulated financial firms to provide custody services for Bitcoin…

Companies hoping to evade CFPB don't get what they want from Supreme Court

aol.com Companies hoping to evade the Consumer Financial Protection Bureau did not get what they wanted Thursday, as the Supreme Court rejected an attempt to undercut funding of the…

Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attack

seattletimes.com The CFPB, the brainchild of Democratic Sen. Elizabeth Warren of Massachusetts, has long been opposed by Republicans and their financial backers.

Warren circled wagons around embattled FDIC chief

semafor.com Sen. Elizabeth Warren, known for calling Wall Street executives to task for management failures, has been running a behind-the-scenes campaign to protect a top banking…

Supreme Court hands Biden a win in ruling that consumer-finance watchdog can continue to operate

fortune.com The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau. The justices ruled 7-2 that the way the…

Supreme Court rejects conservative-led attack on Consumer Financial Protection Bureau

pbs.org The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau. The justices ruled 7-2 that the way the…

Supreme Court rejects payday lenders' challenge to Obama-era consumer protection bureau

latimes.com The Supreme Court on Thursday upheld the U.S. consumer protection agency that was created under President Obama and congressional Democrats to protect Americans from…

“Bitcoin’s Trajectory Tied to US Election”

bitcoinnews.com The upcoming US presidential election could have a significant impact on the trajectory of bitcoin, according to Mike Novogratz, CEO of Galaxy Digital. During a recent…

Lawmakers urge financial regulators to take action on banking discrimination

thehill.com A group of Democratic lawmakers in the House and Senate are calling on heads of the Treasury Department, Federal Reserve Board and other financial regulators to ensure…

Elizabeth Warren on the Biden admin's big win for airline passengers

msnbc.com “If you don't deliver the product, you ought to have to give the money back. That's what Joe Biden thinks, and that's what we managed to get through,” says Sen. Elizabeth…

Bitcoin Self-Custody Enshrined As a Right In Oklahoma

decrypt.co Oklahoma has become the first U.S. state to pass a law protecting the right to self-custody Bitcoin. The new law says citizens cannot be prevented from holding and…

Warren urges Biden to target grocery chains over high prices. But there’s debate over how much chains are to blame

marketwatch.com Sen. Elizabeth Warren and dozens of other Democratic lawmakers have pushed this week for President Joe Biden to use his executive authority to drive grocery chains toward…

Grocery prices jumped 1.2% last month, as food inflation returns to pre-pandemic levels

finance.yahoo.com Higher grocery bills are here to stay. Overall food prices were unchanged month over month in April, while food inflation increased 2.2% year over year, per the US Bureau of…

As a landmark crypto bill nears a floor vote, the House digital assets chair sees a path forward

aol.com Last July was a watershed moment for the crypto industry in D.C., as the House Financial Services Committee advanced two pieces of legislation—a stablecoin bill and a market…

Think corporate greed is the leading cause of inflation? Think again

cnn.com Some progressives have frequently blamed corporate greed for fueling the high cost of living that Americans are fed up with. Yet new research from the Federal Reserve Bank…

Oklahoma signs bill into law protecting crypto spending, mining, and self-custody

cryptoslate.com Oklahoma has signed into law a bill protecting crypto-related rights. The Oklahoma State Legislature website indicates Governor Kevin Stitt approved HB 3594 on May 13. The…

Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again

nytimes.com Just days after the release of a scathing report detailing a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation, its…

Uniswap Creator Hayden Adams Issues Warning to Democrats, Says Republicans ‘Smell Blood’ and Turning to Crypto

dailyhodl.com Uniswap Labs chief executive Hayden Adams is warning Democrats that their anti-crypto agenda could cost them dearly in the November 2024 US presidential election. Adams, who…

Ethereum Co-Founder Joe Lubin: US Crypto Hostility Goes Beyond Biden, Gensler

decrypt.co In recent months, anger at the U.S. government’s increasing hostility to crypto has—perhaps unsurprisingly—taken on a partisan flavor, with many industry leaders laying…

Bitcoin may stay in a ‘consolidation phase’ until US election: Novogratz

blockworks.co The upcoming US presidential election may spur bitcoin out of its current “consolidation phase,” according to Galaxy CEO Mike Novogratz. Crypto will likely stay politicized…

Crypto bill update: What legislation is making its way forward?

blockworks.co As the 2024 election looms, crypto-focused legislation is starting to make its way through the US House. But roadblocks in the Senate still loom. House members last week…

From co-founder to convicted: CZ sentencing caps years of Binance legal woes

dlnews.com Changpeng Zhao finds out today how long he will spend behind bars. A Seattle court will decide the Binance co-founder and ex-CEO’s fate after he pleaded guilty in November…

A top student loan company allegedly told staff to keep borrowers on hold

thestreet.com A former employee of student loan servicer Mohela has revealed that the company trained its call center workers to keep customers on hold for at least 15 minutes before…

Pro-XRP Lawyer Deaton Secures Spot On Massachusetts GOP Ballot

bitcoinist.com John E. Deaton, a fervent advocate for XRP and critic of current regulatory approaches to digital assets, has officially secured his place on the Massachusetts Republican…

How a bunch of Redditors made GameStop’s stock soar

vox.com Editor’s note, May 13, 2024, 2:35 pm ET: On May 12, 2024, Keith Gill, a.k.a. Roaring Kitty, returned to social media, with a post on X indicating his possible reentry to the…