Trump urges Rep. Lawler to step back from the SALT cap battle in major legislation
Trump Urges GOP Rep. to Reconsider Tax Deduction Demands On Tuesday, President Trump advised New York Republican Representative Mike Lawler to ease his push for increased limits on state and local tax (SALT) deductions. Witnesses present during the conversation shared that Trump expressed a reluctance to continue the tax debate, especially when it concerns a […]
Aave Rises After Stablecoin Legislation Passes Important Test in US Congress
Simply put Aave’s tokens jumped by 20% as the Genius Act gained momentum in Congress. Recent data shows protocols facilitating significant stablecoin lending and borrowing have surpassed a total of $250 billion locked. Aave’s value has increased by over 90% in the past month, outpacing major alternative coins and the overall crypto market. The native […]
Trump visits Capitol Hill to encourage Republicans on tax cut legislation
Trump Urges Republicans for Major Legislative Action On Tuesday, President Donald Trump is set to visit Capitol Hill, where he plans to encourage Republicans to deliver on what he calls “big, beautiful bills.” This visit comes amid a divide among House Republicans: some prioritize cutting deficits while moderates are advocating for tax credits for Americans. […]
Schumer introduces legislation to block Trump’s plans for a plane to Qatar
Schumer Aims to Block Trump’s Military Aircraft Plan Senate Minority Leader Chuck Schumer, a Democrat from New York, is pushing against President Donald Trump’s proposal for the U.S. military to accept Boeing planes from Qatar for air force use. Schumer and other Democrats have introduced a bill using Department of Defense funds to ban the […]
Senate moves forward with unique cryptocurrency legislation after Democrats initially opposed it due to Trump’s crypto agreements.
Senate Advances Stablecoin Regulation Bill The Senate voted on Monday evening with a tally of 66-32 to move forward with a bill aimed at regulating stablecoins, a specific type of cryptocurrency. Initially, earlier this month, Democrats had voted to block the legislation due to concerns regarding President Trump’s trading activities within the cryptocurrency sphere. This […]
Senate Moves Forward with Stablecoin Legislation, Setting the Stage for Final Approval
Senate Advances Stablecoin Act On Monday night, the US Senate voted to proceed with the Stablecoin Act, effectively overcoming the procedural hurdle that would allow full consideration of the bill. Senators achieved the necessary 60-vote threshold quite comfortably. This step is designed to usher the law into a more extensive discussion phase prior to a […]
US Senate advances GENIUS stablecoin legislation
US Senate Advances Stablecoin Regulation Bill Update (May 20, 3:17am UTC): The following article includes updated statements from Senators concerning the Genius Act. The US Senate has voted to move forward with a significant stablecoin regulation measure after prior attempts to advance it were blocked by a Democratic senator, who raised concerns about President Donald […]
Senate moves forward with groundbreaking cryptocurrency legislation after Democrats initially stopped it due to Trump-related deals.
Senate Advances Crypto Regulation Bill The Senate cast its vote on Monday evening, approving a measure aimed at regulating “stablecoins,” a specific type of cryptocurrency, by a count of 66 to 32. This legislative move marks a notable instance of bipartisan collaboration, despite initial resistance from some Democratic members who expressed worries about implications related […]
Senate moves forward with significant cryptocurrency regulation legislation through a bipartisan vote
Senate Moves Forward with Cryptocurrency Regulation Bill WASHINGTON – The Senate has taken a significant step toward regulating cryptocurrency with a bipartisan vote on Monday, just two weeks after Senate Democrats previously blocked the proposed legislation. The procedural vote, which aimed to establish a regulatory framework primarily for stablecoin issuers tied to fiat currencies like […]
Texas legislation to prohibit social media use for minors would be one of the toughest in the country.
Texas Bill Aims to Limit Minors’ Access to Social Media A new bill moving through the Texas Legislature seeks to prohibit minors from accessing widely-used social media platforms. This initiative, introduced by Republican Rep. Jared Patterson as House Bill 186, gained bipartisan support in the Texas House last month and is likely to advance to […]