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US Senate to vote on advancing sweeping cryptocurrency bill

US Senate to vote on advancing sweeping cryptocurrency bill

By Hannah Lang Sept 15 (Reuters) - The U.S. Senate is set to vote on Tuesday on whether to advance the first comprehensive cryptocurrency legislation, potentially determining the fate of the bill as Republican Senate leaders grapple with a limited calendar in a busy election year.

Senate to Vote on Clarity Act, Establishing New Crypto Regulatory Structure Amid Ethics Debate

Senate to Vote on Clarity Act, Establishing New Crypto Regulatory Structure Amid Ethics Debate

The U.S. Senate is scheduled for a crucial vote on the Clarity Act, a bill designed to establish a new regulatory framework for cryptocurrencies and other digital assets. This vote comes after months of the bill languishing in the Senate, despite clearing the Senate Banking Committee in May. The legislation requires 60 votes to pass, meaning at least seven Democrats would need to support it to overcome a filibuster. Intense last-minute lobbying efforts are underway from both banks and the cryptocurrency industry. A key development is President Trump's agreement to new ethics provisions within the bill, including a requirement for federal officials and their spouses to divest or place significant financial interests in digital assets into a blind trust. Additionally, the updated bill includes a provision allowing state attorneys general to enforce these ethics rules, a critical demand from Democrats. The White House has emphasized the importance of passing the Clarity Act to maintain U.S. leadership in inno...

Senate to decide on cryptocurrency regulation as Democrats push back on Trump investments

Senate to decide on cryptocurrency regulation as Democrats push back on Trump investments

The Senate is deciding whether to move forward with legislation to create a new regulatory framework for cryptocurrency

AMC CEO Adam Aron Criticizes Robinhood's Stock Tokens, Citing Investor Protection Concerns

AMC CEO Adam Aron Criticizes Robinhood's Stock Tokens, Citing Investor Protection Concerns

AMC CEO Adam Aron Criticizes Robinhood's Stock Tokens, Citing Investor Protection Concerns

Representative Pete Stauber Criticizes Cancellation of Twin Metals Mineral Lease, Citing Economic Impact

Representative Pete Stauber Criticizes Cancellation of Twin Metals Mineral Lease, Citing Economic Impact

The Minnesota Department of Natural Resources (DNR) has canceled one of the mineral leases held by Twin Metals Minnesota, a decision that U.S. Representative Pete Stauber (R-MN) has publicly criticized. The lease, located near Babbitt, was terminated after nearly a year of review, with the DNR stating that Twin Metals had not met the performance and production requirements. This cancellation follows an executive action by Governor Tim Walz last month, which halted Twin Metals' efforts to establish a copper-nickel mine in the Rainy River Headwaters Watershed due to concerns about potential pollution to the Boundary Waters Canoe Area Wilderness. Representative Stauber, who represents northeastern Minnesota and supports the region's mining industries, called the DNR's decision "another blow to Northern Minnesota," arguing it disregards union jobs and significant funding for Minnesota's school districts. The canceled lease is set to officially end on November 10.

Rep. Michelle Fischbach Appoints New Legislative Assistant for Agriculture Issues

Rep. Michelle Fischbach Appoints New Legislative Assistant for Agriculture Issues

Rep. Michelle Fischbach, R-Minn., has announced the appointment of Jack Long as a legislative assistant. Long will be primarily responsible for handling agriculture-related issues within her office. This staffing change is part of broader personnel movements across various agricultural and governmental organizations. For instance, the Rural Investment to Protect our Environment recently named Minnesota farmer Alana Petersen as its new president, and the American Veterinary Medical Association hired Paul Gage to direct its federal government relations division. Additionally, Bryce McWilliams joined the office of Sen. Cindy Hyde-Smith, R-Miss., as a legislative assistant also focusing on agriculture. These appointments reflect ongoing adjustments in staffing and leadership within the agricultural sector and its representation in Congress.

US Senate to vote on advancing landmark crypto bill

US Senate to vote on advancing landmark crypto bill

By Hannah Lang Sept 15 (Reuters) - The U.S. Senate is set to vote on Tuesday on whether to advance once-in-a-generation cryptocurrency legislation, potentially determining the fate of the bill as Republican Senate leaders grapple with a limited calendar in a busy election year.

Senator Elizabeth Warren Questions Insurance Regulators Amid Probe into Mark Walter's Businesses

Senator Elizabeth Warren Questions Insurance Regulators Amid Probe into Mark Walter's Businesses

Senator Elizabeth Warren Questions Insurance Regulators Amid Probe into Mark Walter's Businesses

Trek Driftless Teammates Paige Onweller and Cobe Freeburn Secure Elite Titles at USA Cycling Gravel National Championships

Trek Driftless Teammates Paige Onweller and Cobe Freeburn Secure Elite Titles at USA Cycling Gravel National Championships

Trek Driftless Teammates Paige Onweller and Cobe Freeburn Secure Elite Titles at USA Cycling Gravel National Championships

Senate is to vote on cryptocurrency regulation as Democrats push back on Trump investments

Senate is to vote on cryptocurrency regulation as Democrats push back on Trump investments

The Senate is set to vote on whether to move forward with legislation to create a new regulatory framework for cryptocurrency

House Republicans Propose Overhaul of Consumer Financial Protection Bureau Funding

House Republicans Propose Overhaul of Consumer Financial Protection Bureau Funding

House Financial Services Committee Republicans are advancing legislation to significantly alter the funding and governance of the Consumer Financial Protection Bureau (CFPB). The centerpiece of this effort is H.R. 10184, the Consumer Financial Protection Accountability and Reform Act of 2026, co-sponsored by nearly 30 Republicans, including Rep. French Hill (R-AR-2). This bill aims to remove the CFPB's current funding mechanism, which draws directly from the Federal Reserve, and instead subject it to the congressional appropriations process. Additionally, the proposed legislation would establish an inspector general specifically for the CFPB. This move follows a discussion draft circulated by House Republicans and a roundtable discussion on modernizing consumer financial protection, which included Rep. French Hill and former CFPB Director Kathy Kraninger, alongside industry representatives.

Congressmen Emmer, Stauber, and Finstad Join Fischbach in Demanding Accountability from Governor Walz Over Alleged Minnesota Fraud

Congressmen Emmer, Stauber, and Finstad Join Fischbach in Demanding Accountability from Governor Walz Over Alleged Minnesota Fraud

Congresswoman Michelle Fischbach (MN-07), Congressman Tom Emmer (MN-06), Congressman Pete Stauber (MN-08), and Congressman Brad Finstad (MN-01) have collectively sent a letter to Governor Walz regarding recent findings of alleged fraud in Minnesota. The fraud reportedly involves a Liberian government official connected to at least two dozen Minnesota group homes, which have purportedly collected $36 million in taxpayer funds over the past decade. Representative Fischbach stated that Minnesotans expect their tax dollars to support vulnerable families, not be lost to fraud due to a lack of state oversight. She criticized the Walz administration for a perceived lack of accountability and demanded answers and corrective action to protect taxpayer funds. This development comes amidst other local news, including a new all-time high for U.S. diesel prices, the start of a new Northern Lights Concert Association season, an FBI raid at the Red Lake Family and Children’s Services Building, and the retirement of Rosea...