Senate Banking Committee

Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/CoinDesk)

Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

By Nikhilesh De

Aug 21, 2024 at 11:00 p.m. UTC

Aug 21, 2024

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U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)

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Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

By Jesse Hamilton

Jul 26, 2024 at 9:59 p.m. UTC

Jul 26, 2024

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U.S. senators questioned several of President Joe Biden's regulator nominees, including on crypto issues. (Jesse Hamilton/CoinDesk)

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SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

By Jesse Hamilton

Jul 11, 2024 at 4:50 p.m. UTC

Jul 11, 2024

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U.S. Sen. Cynthia Lummis said crypto could be a factor in key Senate contests this year. (Shutterstock/CoinDesk)

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Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

Sen. Cynthia Lummis said there's an effort underway to ensure Republicans trying to take seats from Democrats on the Senate Banking Committee are versed in crypto advocacy.

By Jesse Hamilton

Apr 9, 2024 at 4:33 p.m. UTC

Apr 9, 2024

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U.S. Senate candidate Bernie Moreno benefited from President Donald Trump's endorsement on the way to winning the Ohio Republican primary. (Scott Olson/Getty Images)

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Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

Bernie Moreno will be the Republican nominee for Senate in Ohio, facing Sen. Sherrod Brown in this year's general election.

By Jesse Hamilton

Mar 20, 2024 at 2:26 a.m. UTC

Mar 20, 2024

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U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

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U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.

By Jesse Hamilton

Mar 7, 2024 at 5:10 p.m. UTC

Mar 7, 2024

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The U.S. Senate Banking Committee isn't poised to act on any crypto money-laundering legislation, sources have said. (Jesse Hamilton/CoinDesk)

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Crypto Action in Senate Remains on Back Burner: Sources

Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far ho...

By Jesse Hamilton Nikhilesh De

Feb 21, 2024 at 8:36 p.m. UTC

Feb 21, 2024

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U.S. senators question whether Chair Gary Gensler's Securities and Exchange Commission has botched other enforcement cases after its DEBT Box missteps were revealed. (Jesse Hamilton/CoinDesk)

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U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case

Republican lawmakers wrote to the SEC chairman, arguing that its misrepresenting of evidence against DEBT Box casts doubt on the agency's other enforcement matters.

By Jesse Hamilton

Feb 8, 2024 at 7:12 p.m. UTC

Feb 8, 2024

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JPMorgan Chase CEO Jamie Dimon sees eye-to-eye with longtime Wall Street critic Sen. Elizabeth Warren on distrusting crypto. (Chip Somodevilla/Getty Images)

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JPMorgan's Jamie Dimon Bashes Crypto: 'I'd Shut It Down'

The CEO of the powerful Wall Street bank would prefer canceling crypto, though JPMorgan is using intrinsically related blockchain technology to move billions.

By Jesse Hamilton

Dec 6, 2023 at 7:57 p.m. UTC

Dec 6, 2023