senate banking-committee

U.S. Sen. Pat Toomey (R-Pa.)
One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement
Sen. Pat Toomey introduced a bill in the final days of the congressional session that he said he hopes will act as a guide for stablecoin legislation next year.
U.S. Sen. Pat Toomey (R-Pa.)

U.S. Sen. Sherrod Brown (D-Ohio)
FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.
U.S. Sen. Sherrod Brown (D-Ohio)

Former FTX CEO Sam Bankman-Fried
US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify
The top Democrat and Republican of the Senate Banking Committee accused the ex-FTX CEO of an “unprecedented abdication of accountability.”
Former FTX CEO Sam Bankman-Fried

(Tom Williams-Pool/Getty Images, modified by CoinDesk)
Sherrod Brown Tells SBF, ‘Show Up or Get Subpoenaed’
Both the U.S. House of Representatives and the Senate want Sam Bankman-Fried to testify, and are willing to use subpoenas if he doesn’t come willingly.
(Tom Williams-Pool/Getty Images, modified by CoinDesk)

CDCROP: Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)
Senate Committee to Subpoena FTX's Sam Bankman-Fried if He Does Not Testify Voluntarily
The Senate Banking and House Financial Services committees are holding hearings on FTX's collapse next week.
CDCROP: Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)

CDCROP: Committee chairman Sen. Sherrod Brown (D-OH) listens during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. (Drew Angerer/Getty Images)
After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation
The chairman of the Senate Banking Committee – the missing ingredient in previous efforts – has invited Treasury Secretary Janet Yellen to start working with him on legislation.
CDCROP: Committee chairman Sen. Sherrod Brown (D-OH) listens during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. (Drew Angerer/Getty Images)

CDCROP: CDCROP: U.S. Senator Jack Reed (D -RI) confers with Senate Banking, Housing, and Urban Affairs Committee Chairman Sherrod Brown (D-OH) on Capitol Hill on March 3, 2022 in Washington, DC. (Jonathan Ernst-Pool/Getty Images)
US Senators Ask Bank Regulators to 'Review' SoFi's Crypto Listings
"SoFi’s digital asset activities pose significant risks to both individual investors and safety and soundness," the lawmakers said.
CDCROP: CDCROP: U.S. Senator Jack Reed (D -RI) confers with Senate Banking, Housing, and Urban Affairs Committee Chairman Sherrod Brown (D-OH) on Capitol Hill on March 3, 2022 in Washington, DC. (Jonathan Ernst-Pool/Getty Images)

CDCROP: Facebook CEO Mark Zuckerberg Testifies Before The House Financial Services Committee (Getty Images)
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.
CDCROP: Facebook CEO Mark Zuckerberg Testifies Before The House Financial Services Committee (Getty Images)

CDCROP: Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Pat Toomey, R-Pa. (Tom Williams-Pool/Getty Images)
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.
CDCROP: Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Pat Toomey, R-Pa. (Tom Williams-Pool/Getty Images)

U.S. lawmakers are debating what the government should do about crypto mining. (Getty Images)
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.
U.S. lawmakers are debating what the government should do about crypto mining. (Getty Images)