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Senate approves stablecoin regulations in significant crypto development

Senate approves stablecoin regulations in significant crypto development

On Tuesday, the Senate approved a significant piece of legislation aimed at providing a regulatory framework for payment stability in the cryptocurrency sector. Lawmakers voted 68-30 in favor of the Genius Act, which aims to set rules for dollar-backed cryptocurrencies. This marks a notable achievement, as it’s the first time a major crypto-related bill has […]

Senate Republicans disagree on Medicaid adjustments in Trump’s tax plan

Senate Republicans disagree on Medicaid adjustments in Trump's tax plan

Senate Republicans Push for Trump’s Tax Package Amid Discontent Senate Republicans are converging on their plans to advance President Donald Trump’s significant tax bill, yet not everyone is on board with key elements of the proposal. On Monday night, the Senate Finance Committee revealed part of its budget agreement, which focuses on solidifying certain contentious […]

Senate Republicans Advocate for House Medicaid Changes to be More Conservative

Senate Republicans Advocate for House Medicaid Changes to be More Conservative

Senate Proposes Major Medicaid Reforms Senate Republicans have put forward significant changes to Medicaid as part of President Trump’s much-discussed legislation. This moves away from some skeptics who had suggested the Senate would align more closely with certain conservative voices advocating less drastic measures after the House’s version of the bill was passed. The Senate […]

Senate likely to approve a cryptocurrency bill without considering Trump’s investments

Senate is expected to pass a crypto bill without addressing Trump's investments

Senate Poised to Approve Stubcoin Regulation Bill WASHINGTON — The Senate is likely to approve legislation to regulate stubcoins, a specific type of cryptocurrency, this Tuesday. This move follows a swift legislative process heading to the House for possible revisions, occurring shortly after the 2024 campaign cycle. The crypto industry has emerged as one of […]

Senate likely to approve crypto bill without considering Trump’s investments

Senate likely to approve crypto bill without considering Trump’s investments

Senate Set to Approve Stubcoin Regulation WASHINGTON (AP) — The Senate seems ready to pass a bill regulating stubcoin, a specific type of cryptocurrency, this Tuesday. The legislation is moving quickly to the House for potential amendments, particularly in light of the 2024 campaign season when the crypto sector has become one of the top […]

Senate Committee Revises Trump’s ‘Big, Beautiful Bill’

Senate Committee Revises Trump's 'Big, Beautiful Bill'

New Version of Trump’s Bill Announced by Senate Republicans Republicans on the Senate Finance Committee have unveiled a revised version of President Donald Trump’s “Big, Beautiful Bill.” According to reports, the updated plan would increase the child tax credit to $2,200, a decrease from the House’s proposed $2,500. The committee has suggested deeper cuts to […]