senate banking-committee

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US Senators Press Meta Platforms CEO Mark Zuckerberg to Combat Crypto Scams
An FTC study shows 49% of crypto-related frauds originated on social media platforms like Facebook, members of the Senate Banking Committee say.
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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.
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Republicans Seek to Counter Effort to Curtail Crypto Mining
The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.
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Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
Former U.S. Treasury official Michael Barr fielded questions about crypto during his Senate nomination hearing.
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'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.
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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.
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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.
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Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start
The country is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC).
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Federal Reserve Board Nominees Bring Blank Slate on Crypto Views
Industry observers will be watching the Senate Banking Committee hearing for clues on future monetary policy and regulation.
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Powell Says Fed Will Release Crypto Report 'Within Weeks'
During his Senate confirmation hearing on Tuesday, the Fed chairman also said a CBDC wouldn't necessarily lead to a ban on private stablecoins.
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