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Nalezeno "Congress": 962

Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington

14.9.2023
The majority of the tech leaders in attendance agreed that AI needs to be regulated with Elon Musk calling the meeting a game changer for civilization

Rep. Tom Emmer reintroduces anti-CBDC bill to Congress

13.9.2023
The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would "undermine the American way of life."

Senators unveil bipartisan blueprint for comprehensive AI regulation

9.9.2023
It is expected to be a guide in managing both the potential benefits and risks associated with AI technology

CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation

7.9.2023
The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC)

SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

7.9.2023
Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday

US Senate confirms Philip Jefferson as Federal Reserve vice chair

6.9.2023
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036

Economist Peter Schiff Warns Bidenomics Will Soon Be Exposed for Fraud

2.9.2023
Economist Peter Schiff has warned that Bidenomics “will soon be exposed for the fraud that it is, as inflation and unemployment heat up while the economy cools down.” He cautioned: “If Americans think the economy is bad now, just wait until they see what’s coming. Once...

Ronaldinho denies part in alleged $61M crypto scam at congressional hearing

1.9.2023
The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme

US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan

1.9.2023
Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a CBDC that can track your purchases like China does...

Biden’s Regulators Urged to Work With Congress on Crypto Regulation

1.9.2023
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s...

SEC Chair Gary Gensler Set for Back-to-Back Hearings Before Congress

30.8.2023
Securities and Exchange Commission (SEC) Chairman Gary Gensler is scheduled to appear before Congress twice in September, first testifying to the Senate Banking Committee on September 12 and later to the House Financial Services Committee on September 27. The hearings follow mounting criticism...

US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry

30.8.2023
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential effects of these proposals...

Lawmakers Object to Federal Reserve’s Stablecoin Guidelines — Say They Undermine Legislative Progress

29.8.2023
Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial institutions from participating in the digital asset ecosystem.” According to the lawmakers, “The Fed has chosen to effectively...

US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction

28.8.2023
The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions

Coin Center Sends Letter to Congress Seeking Clarity on Crypto Tax Regulations

23.8.2023
Crypto policy think tank Coin Center has sent a formal letter to Senate Finance Committee Chairman Ron Wyden and Finance Committee Ranking Member Mike Crapo, advocating for clear and reasonable tax policies for digital assets. “Governments should state clearly and in detail how cryptocurrency...