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Senate Banking Committee

U.S. Sen. Sherrod Brown (D-Ohio) endorsed the idea of a token-based digital dollar.
Policy
Federal reserve
Sen. Sherrod Brown Says US Should ‘Lead the Way’ on CBDCs, Disses Diem and Bitcoin
“We cannot be left behind,” Brown wrote about other nations’ central bank digital currency efforts.
U.S. Sen. Sherrod Brown (D-Ohio) endorsed the idea of a token-based digital dollar.
By Nikhilesh De
Mar 5, 2021 at 9:26 p.m. UTC
Mar 5, 2021
Federal ReserveSenate Banking CommitteeCBDCsSherrod BrownDigital Dollar
Treasury Secretary Janet Yellen has brought up crypto's use in terrorism on three different occasions since Jan. 6, 2021.
Policy
Janet yellen
State of Crypto: The US Government Keeps Mentioning Terrorism
Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?
Treasury Secretary Janet Yellen has brought up crypto's use in terrorism on three different occasions since Jan. 6, 2021.
By Nikhilesh De
Feb 23, 2021 at 4:05 p.m. UTC
Feb 23, 2021
Janet YellenTerrorismRobinhoodSenate Banking CommitteeJerome PowellHouse Financial Services CommitteeNewslettersState of CryptoGameStop
GameStop's share price rose to nearly $500 on Thursday.
Policy
Congress
US Congress Plans Hearings on GameStop Market Pumps
While Congress is planning multiple hearings, it's less clear what financial regulators might do.
GameStop's share price rose to nearly $500 on Thursday.
By Nikhilesh De
Jan 28, 2021 at 10:08 p.m. UTC
Jan 28, 2021
CongressSenate Banking CommitteeHouse Financial Services CommitteeGameStopwallstreetbets
Senate Banking Committee Chair Mike Crapo (left) and Ranking Member Sherrod Brown (U.S. Senate)
Markets
Occ
Senate Banking Chairman Asks OCC About Its Planned Crypto Rulemaking
U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC's potential crypto guidance, but encouraged clear regulation.
Senate Banking Committee Chair Mike Crapo (left) and Ranking Member Sherrod Brown (U.S. Senate)
By Nikhilesh De
Sep 2, 2020 at 2:11 p.m. UTC
Sep 2, 2020
OCCSenate Banking CommitteeMike Crapo
Senator Tom Cotton, who chairs the Senate Banking Committee ecnomic subcommittee, said U.S. dollar supremacy helps it maintain its sanctions regime while asking about the potential benefits of a digital dollar. (Michael Vadon/Flickr)
Policy
J. christopher giancarlo
Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing but just another tool that can be used to maintain U.S. hegemony.
Senator Tom Cotton, who chairs the Senate Banking Committee ecnomic subcommittee, said U.S. dollar supremacy helps it maintain its sanctions regime while asking about the potential benefits of a digital dollar. (Michael Vadon/Flickr)
By Nikhilesh De
Jul 23, 2020 at 12:00 a.m. UTC
Jul 23, 2020
J. Christopher GiancarloSenate Banking CommitteeDigital DollarTom Cotton
Senate Banking Committee Chair Mike Crapo (left) and Ranking Member Sherrod Brown (U.S. Senate)
Markets
Senate banking committee
US Senators Float Bill Requiring Congressional Watchdog to Study Crypto's Role in Trafficking
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human traff...
Senate Banking Committee Chair Mike Crapo (left) and Ranking Member Sherrod Brown (U.S. Senate)
By Danny Nelson
Jul 1, 2020 at 8:12 p.m. UTC
Jul 1, 2020
Senate Banking CommitteeGovernment Accountability OfficeSherrod BrownHuman TraffickingMike Crapo
U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)
Markets
Senate banking committee
Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.
U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)
By Nikhilesh De
Jul 1, 2020 at 12:00 a.m. UTC
Jul 1, 2020
Senate Banking CommitteeHearingsCBDCsDigital Dollar
Christopher Giancarlo (CoinDesk archives)
Policy
Paxos
Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.
Christopher Giancarlo (CoinDesk archives)
By Nikhilesh De
Jun 30, 2020 at 2:16 a.m. UTC
Jun 30, 2020
PaxosSenate Banking CommitteeHearingsCBDCsDigital DollarJ. Christopher Giancarlo
David Murray
Markets
News
Human-Trafficking Expert Urges US Congress to Regulate Crypto Miners
A former U.S. Treasury official urged Congress to regulate cryptocurrency miners in order to fight human trafficking.
David Murray
By Nikhilesh De
Sep 3, 2019 at 5:30 p.m. UTC
Sep 3, 2019
NewsMinersSenate Banking CommitteeHuman Traffickinguse-cases-verticalsMarkets News
Senator Brian Schatz
Markets
Circle
US Senator: 'I Don't Think You've Persuaded Anyone' Crypto Creates Financial Inclusion
Sen. Brian Schatz (D-Hawaii) questioned the claim that blockchain spurs financial inclusion at Tuesday's Banking Committee hearing.
Senator Brian Schatz
By Nikhilesh De
Jul 30, 2019 at 4:55 p.m. UTC
Jul 30, 2019
CircleJeremy AllaireNewsSenate Banking CommitteeHearingsBrian Schatz