What comes next for the Senate stablecoin legislation?
Stubcoin Act Advances in Senate with Ongoing Challenges Ahead The Stubcoin Act took its first steps in the Senate on Monday, signaling an initial victory for the cryptocurrency sector. However, the bill is likely to undergo a lengthy amendment period that could extend beyond the upcoming Congressional Anniversary Break before any final vote takes place. […]
Delaware’s law allowing assisted suicide has been enacted, making it the 11th state to have this legislation.
Delaware Legalizes Physician-Assisted Suicide for Terminally Ill Patients Delaware Governor Matt Meyer, a Democrat, has signed a new law that permits physician-assisted suicide for certain terminally ill individuals, emphasizing that this move is rooted in “compassion, dignity, and respect for personal choices.” The law, which will be effective next year, allows mentally competent adults who […]
Senate approves legislation providing tax deduction for tips up to $25,000
US Senate Passes Bill for Tax Credits on Tips The US Senate has recently approved a new bill that would provide tax credits on tips, with a potential cap of up to $25,000. This legislation also looks to extend the business tax credit on payroll taxes related to tips for beauty and spa services, pending […]
Senator Blackburn presents legislation to prohibit birth tourism and eliminate citizenship loopholes.
Senator Proposes Bill to Combat Birth Tourism Senator Marsha Blackburn from Tennessee introduced legislation on Tuesday aimed at addressing the lucrative birth tourism industry, which allows foreigners to utilize the U.S. immigration system for automatic citizenship for their children. The proposed “Prohibition of Tourism Act,” brought forward in the Senate, seeks to modify the Immigration […]
House to Advance Legislation to Repeal the FACE Act
House Action on FACE Act Repeal The House of Representatives is poised to take action this week regarding a bill aimed at repealing the Freedom of Access to Clinical Entrance (FACE) Act, linked to the rulings of Roe v. Wade. This Wednesday, lawmakers will review HR 589, known as the FACE Act Abolishment Act of […]
Marsha Blackburn Proposes Legislation to Close Birth Tourism Loophole
Senator Blackburn Targets Birth Tourism Industry Senator Marsha Blackburn (R-TN) has introduced legislation aimed at dismantling the lucrative birth tourism industry. This practice allows foreign nationals to enter the United States on temporary visas, primarily to guarantee their children receive American citizenship at birth. While President Donald Trump seeks to abolish birthright citizenship for children […]
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 […]