Senate Banking Committee

Donald Trump has been accused of 'brazen crypto corruption' after financial disclosures showed his family's cryptocurrency ventures generated over $1bn in his first year back in the White House. Elizabeth Warren and colleagues called for stricter regulations to prevent political figures from profiting off the crypto industry.

Congress has scheduled a hearing for the Digital Asset Market Clarity Act (H.R. 3633) on July 17 in New York. The bill aims to establish a regulatory framework by assigning the CFTC authority over Bitcoin spot markets and the SEC over investment contracts. It has gained momentum in Congress with bipartisan support but faces challenges in reconciling Senate and House versions.

The Senate passed a Trump-backed housing overhaul aimed at increasing affordable housing and blocking Wall Street investors from buying housing stock. The 21st Century Road to Housing Act includes provisions to streamline construction, offer grants, and adjust lending standards, with bipartisan support but some House GOP resistance.

The Senate is set to pass a bipartisan housing bill aimed at increasing housing supply and lowering prices by banning corporate investors from buying single-family homes. The legislation, which emerged from House-Senate negotiations, seeks to reduce federal regulations, expand homeownership opportunities, and address affordability challenges. The House is expected to approve the bill later this week before it is sent to President Donald Trump.

A US-Iran memorandum of understanding failed to resolve key issues like Iran's nuclear program, missile development, and proxy conflicts, deferring critical decisions to a potential future deal. The article attributes the current stalemate to the 2018 US withdrawal from the JCPOA, which led to Iran exceeding uranium enrichment limits and economic sanctions causing internal turmoil.

The Senate Banking Committee discussed measures to maintain U.S. dominance in advanced chips and AI, emphasizing the need to restrict exports to China. Proposed legislation like the AI Overwatch Act and Match Act aims to prevent China from accessing high-end chips and chipmaking tools while fast-tracking exports to allies.

Two senators introduced a resolution opposing Sam Bankman-Fried's pardon, arguing his 25-year sentence for fraud and money laundering serves justice. His clemency request is pending, with bipartisan opposition in Congress.

Democratic lawmakers are pressuring the three largest U.S. credit bureaus over allegations of unaddressed incorrect reports from federal student loan servicers. Senate Banking Committee ranking member Elizabeth Warren raised concerns in a letter shared with The Hill.

Elizabeth Warren has invited Nvidia CEO Jensen Huang to testify before the Senate Banking Committee on June 11 regarding export controls and business practices in China.

President Donald Trump appointed Federal Housing Finance Agency Director Bill Pulte as acting director of national intelligence, a decision influenced by Roger Stone and MAGA allies. Pulte, lacking intelligence experience, is expected to prioritize accelerating declassification of sensitive documents, including those related to Trump's 2020 election claims. Senate Republicans and Democrats have expressed skepticism about Pulte's confirmation due to his lack of national security background and potential conflicts with oversight.

Senator Lummis warns that China will set financial rules if the CLARITY Act fails. The Senate Banking Committee advanced the Act in May, but it requires approval from both Congress chambers and the president.

Donald Trump has pledged to establish a 'future-proof' digital asset market structure, aligning with the Clarity Act, which recently passed the Senate Banking Committee. However, analysts caution that the legislation faces significant hurdles in its path forward.

Representative Nick Begich introduced the American Reserve Modernization Act (ARMA) in Congress, which would establish a U.S. Strategic Bitcoin Reserve requiring the federal government to hold Bitcoin for at least 20 years and acquire up to one million BTC over five years. The legislation codifies President Trump's March 2025 executive order and would apply to Bitcoin already held by the government from criminal cases like Silk Road and Bitfinex seizures.

Rep. Nick Begich introduced the American Reserve Modernization Act (ARMA) to establish a permanent U.S. strategic bitcoin reserve, building on President Trump's March 2025 executive order. The bipartisan bill would authorize the Treasury to acquire up to 200,000 BTC annually for five years, targeting 1 million bitcoin total, with support from more than a dozen co-sponsors in Congress.

The Clarity Act has passed the Senate Banking Committee, providing a legal framework for crypto, but its impact on Bitcoin's price was short-lived. The act still needs to pass a full Senate vote and the House of Representatives. The market may have already priced in the expected regulation.

The Clarity Act, a cryptocurrency regulation bill, has advanced out of the Senate Banking Committee but still faces obstacles on the Senate floor and beyond. The legislation aims to provide guidelines for financial regulators on crypto industry regulation. Its success is uncertain due to several hurdles.

Bitcoin is testing the $80K resistance zone again with strong ETF inflows of over $600M in May, while the Senate Banking Committee advances the CLARITY Act to regulate the next crypto cycle. The market is driven by a mix of spot demand, policy momentum, and overhead resistance. Bitcoin's price is influenced by these factors.

Republicans are frustrated that the crypto industry's biggest political spender, Fairshake super PAC, hasn't stepped up to support them in the midterms despite their pro-crypto legislation wins. Fairshake has a massive $165 million war chest but hasn't announced which races it will target. Republicans are concerned that Fairshake may not oppose Ohio Democrat Sherrod Brown, who has softened his stance on crypto.

The CLARITY Act has advanced out of the Senate Banking committee, indicating progress in the legislative process. Ben Edgington has a finality plan, although details are unclear. The act's progression suggests potential clarity in signing processes.

The CLARITY Act has passed the Senate Banking Committee, bringing clear rules to the US crypto market and separating securities from commodities. This bill is expected to reduce legal risks and make it easier for institutions to enter the space safely. The act is predicted to have a positive impact on Bitcoin, XRP, and DOGE.

The Senate Banking Committee voted on the Digital Asset Market CLARITY Act, a comprehensive 309-page regulatory framework for digital assets in the US. Citi research projects a $143K Bitcoin target for 2026 if the act passes, with expectations of $15 billion in additional ETF inflows. Despite this potentially bullish regulatory development, Bitcoin is down 1.5% at $79.5K.

The Senate Banking Committee advanced a cryptocurrency regulation bill with bipartisan support, clearing a key hurdle with a 15-9 vote. The Clarity Act will now move to the floor. The bill received support from Democrats and Republicans.

The Clarity Act regulation bill for the cryptocurrency industry has cleared the Senate Banking Committee with a 15-9 vote, despite opposition from banks, unions, and law enforcement agencies. The bill aims to add predictable oversight to the industry. It still needs to clear the full Senate and the House before becoming law.

The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15-9 vote, with two Democrats joining all 13 Republicans to move the bill to the full Senate. The bill aims to build a federal framework for digital asset trading and oversight. It now advances alongside a related bill from the Senate Agriculture Committee.

The Senate Banking Committee has advanced a landmark bill on crypto market structure, garnering some Democratic support. The bill aims to establish a framework for the regulation of cryptocurrency markets. This move marks a significant step towards legislative oversight of the crypto industry.

The Senate Banking Committee advanced the Clarity Act, a crypto regulation bill, by a vote of 15-9. This move is seen as a win for the crypto industry. The bill aims to provide clearer rules for the cryptocurrency sector.

The Senate Banking Committee has advanced a landmark bill to regulate the digital asset industry after months of deliberation. The bill gained some Democratic support, marking a significant step towards regulating the crypto market. This legislation aims to provide a structured framework for the industry.

The Senate Banking Committee has opened a markup on the Digital Asset Market Clarity Act of 2025, a bill aimed at regulating cryptocurrencies. The committee is facing a deadline to clear the bill before the Memorial Day recess. Chairman Tim Scott and Ranking Member Elizabeth Warren have clashed over the bill's amendments.

The Senate Banking Committee holds a hearing to advance the Clarity Act. The hearing is a key step in the legislative process. The act's progress is being closely watched.

The CLARITY Act is set to be voted on by the Senate Banking Committee, which would provide clear regulatory rules for 50 million US crypto holders, separating digital assets into securities and commodities. The bill aims to end jurisdictional confusion between the SEC and CFTC. It also protects software developers and Americans' ability to self-custody digital assets.

The CLARITY Act is set to be voted on by the Senate Banking Committee, which would provide clear regulatory rules for 50 million US crypto holders. The bill separates digital assets into securities and commodities, ending jurisdictional confusion between the SEC and CFTC. It also protects software developers and preserves Americans' ability to self-custody their digital assets.

The Senate Banking Committee is scheduled to vote on a cryptocurrency regulation bill, aiming to provide clear guidelines for federal regulators overseeing crypto companies. The bill is a priority for the industry and its supporters in Washington. A key test for the bill is approaching.

The Senate Banking Committee is advancing a cryptocurrency regulation overhaul on Thursday after months of debate. Republicans have secured enough votes to move forward without Democratic support, though industry leaders like Coinbase CEO Brian Armstrong hope for bipartisan backing. Key sticking points include ethics language that would restrict the White House's ability to profit from crypto.

The Senate Banking Committee is scheduled to vote on a cryptocurrency regulation bill, with senators racing to reach an agreement before the key test. The bill aims to regulate cryptocurrencies. A deal must be reached soon as time is running out.

The Senate Banking Committee will vote on new additions to the crypto bill, including amendments related to DeFi, the Trump family, and Jeffrey Epstein. The committee's decision will determine whether the bill is referred to the Senate floor. The vote is scheduled for tomorrow.

Coinbase CEO Brian Armstrong supports the Digital Asset Market Clarity Act, a crypto market structure bill that could reshape American finance. The Senate Banking Committee is set to hold a markup of the bill on May 14. A full Senate floor vote is targeted for June or July 2026.

Republican Senator John Kennedy has agreed to support a major cryptocurrency bill in the Senate Banking Committee after striking a deal with Chair Tim Scott that includes two of his amendments on fiduciary duty and housing legislation. Kennedy's support removes a potential roadblock to the bipartisan crypto bill, which could advance to the Senate floor and potentially reach President Trump's desk. The bill still requires House approval and faces ongoing negotiations over ethics provisions.

Senate Democrats plan to force votes on Consumer Financial Protection Bureau rollbacks, targeting vulnerable Republicans in an election year. The move is led by Senator Elizabeth Warren, who proposed the creation of the CFPB in 2007. The votes aim to highlight the dismantling of the agency under the Trump administration.

The Senate Banking Committee released the Clarity Act text, but the conflict of interest section is missing, with the White House and Senator Gillibrand having different deadlines for passage. The bill needs 60 Senate votes to pass. It's uncertain if it will pass before midterms.

The Senate Banking Committee members have filed over 100 amendments to a crypto bill, which will be debated at a markup on Thursday, highlighting the issues likely to be discussed. The leaked list shows the extent of the amendments. The markup is scheduled for Thursday.