pat toomey

Policy

Fdic

US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says

Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.

By Nikhilesh De

Sponsored

Aug 17, 2022 at 6:42 a.m. UTC

Aug 17, 2022

FDICPat Toomey

---

Policy

Cynthia lummis

US Lawmakers Move to Clarify Definition of 'Brokers' in 2021 Infrastructure Law

The bill would exclude miners, stakers and other parties who may not have the tax reporting information needed to otherwise comply.

By Nikhilesh De

Sponsored

Aug 3, 2022 at 5:42 p.m. UTC

Aug 3, 2022

Cynthia LummisPat ToomeyKyrsten SinemaInfrastructure Bill

---

Policy

Pat toomey

US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort

The ranking Republican on the Senate Banking Committee is talking to Democrats, including Chairman Sherrod Brown, to gain broader support.

By Jesse Hamilton

Sponsored

Jul 28, 2022 at 4:18 p.m. UTC

Jul 28, 2022

Pat ToomeyStablecoinsSherrod BrownSenate Banking CommitteeU.S.Congress

---

Policy

Pat toomey

Top GOP Senator Slams SEC for Ignoring Crypto Turmoil

The ranking Republican on the Banking Committee accused the agency of failing to provide regulatory clarity that could have prevented Celsius' bankruptcy and other recent industry damage.

By Jesse Hamilton

Sponsored

Jul 27, 2022 at 9:00 a.m. UTC

Jul 27, 2022

Pat ToomeySECGary GenslerCongress

---

Policy

S&p

Stablecoins Could Still Dominate Post-Terra, S&P Says

Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.

By Jack Schickler

Sponsored

Jun 23, 2022 at 4:32 p.m. UTC

Jun 23, 2022

S&PTerraLuna Foundation GuardStablecoinsPat ToomeyConsumer ProtectionAudits

---

Policy

Kirsten gillibrand

US Stablecoin Law Could Actually Pass This Year, Lawmakers Say

The collapse of terraUSD only added extra fuel to the fire for those saying the sector needs regulatory clarity, and fast.

By Jack Schickler

Sponsored

Jun 10, 2022 at 9:50 p.m. UTC

Jun 10, 2022

Kirsten GillibrandPat ToomeyCynthia LummisConsensus 2022

---

Policy

Pat toomey

'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil

The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

By Jesse Hamilton

Sponsored

May 11, 2022 at 8:51 p.m. UTC

May 11, 2022

Pat ToomeyStablecoinUSTCongressU.S.Senate Banking Committee

---

Policy

Senate banking committee

UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks

Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.

By Jesse Hamilton

Sponsored

May 10, 2022 at 2:38 p.m. UTC

May 10, 2022

Senate Banking CommitteeJanet YellenPat ToomeySherrod Brown

---

Podcasts

The breakdown

The Stablecoin TRUST Act Could Enshrine Financial Privacy

A discussion draft of the bill was released by Sen. Pat Toomey.

By Nathaniel Whittemore

Sponsored

Apr 7, 2022 at 7:10 p.m. UTC

Apr 7, 2022

The BreakdownPodcastsStablecoinsPat Toomey

---

Policy

Stablecoins

Top US Lawmaker Proposes Sweeping Stablecoin Regulation Framework

The Stablecoin TRUST Act would give stablecoin issuers a variety of regulatory regimes to abide by, but enforce disclosure and redemption requirements.

By Nikhilesh De

Sponsored

Apr 6, 2022 at 7:00 p.m. UTC

Apr 6, 2022

StablecoinsPat ToomeySenate Banking CommitteeUSCongress

---