News with the tag "House Financial Services Committee"

After years in which crypto insiders desperately sought to get the attention of the U.S. Congress, the pro-digital-assets witnesses at the latest congressional hearing on stablecoins include a senior executive from the Bank of New York Mellon Corp. and a Davis Polk & Wardwell lawyer who spent his ca...

WASHINGTON, D.C. — Within hours of the announcement that he'd started as the crypto counselor for Treasury Secretary Scott Bessent, former Galaxy Digital lawyer Tyler Williams was addressing a private digital assets event in Washington, D.C., telling the crowd that helping Congress get stablecoin le...

The crypto industry got a chance to make a full-throated appeal for Congress to finally intervene and set legal standards for digital assets businesses in the U.S. during a hearing Tuesday in front of the House of Representatives subcommittee that focuses on digital assets. Under the Republican-led ...

The chief lawyer of U.S. crypto exchange Coinbase (COIN) testified about the abuse of authority from regulators who erected barriers between banks and crypto firms in a hearing of the House Financial Services Committee on Thursday, marking the latest advance in the digital assets industry's reversal...

Rep. French Hill says establishing a clear market structure for digital assets is one of his top three priorities as the newly elected House Financial Services Committee chairman. Hill (R-Arkansas), a staunch supporter of the crypto sector, secured the chairmanship earlier this week, taking over for...

The new Committee Chair criticized the SEC’s enforcement-led approach and aimed to establish clear rules to foster U.S. leadership in blockchain. Read original article on coincu.com

Rep. French Hill, a staunch supporter of the crypto sector, secured the House Financial Services Committee chairmanship on Thursday. Hill (R-Arkansas) will take the reins from fellow GOP lawmaker Patrick McHenry (R-North Carolina), who didn’t seek reelection this year. McHenry is also a vocal digita...

Arkansas Congressman French Hill, a pro-crypto Republican, will lead the U.S. House Financial Services Committee in the next Congress. Read original article on coincu.com

Congressman French Hill will be the next chair of the powerful House Financial Services Committee, Punchbowl News reported Thursday. The Arkansas Republican was named to the role Thursday by the party's Steering Committee, which named the leaders of the various committees ahead of the 119th Congress...

Patrick McHenry has spent much of his last two years in Congress on a long-shot quest to get a complex oversight regime for the crypto sector passed into law, and he failed. But failing in Congress isn't always permanent. McHenry, the outgoing Republican chairman of the House Financial Services Comm...