Category: Senate
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Support For Bitcoin Strategic Reserve Soars: 2,200 Letters Flood Senate
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Over 2,200 letters to U.S. senators in just 48 hours asking for their support have given significant momentum to the proposed Bitcoin Strategic Reserve Act. This grassroots initiative is in line with Senator Cynthia Lummis’ recent Bitcoin bill, which seeks to create a distributed network of secure Bitcoin vaults managed…
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2,200 letters flood Senate seeking support Bitcoin proposal
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Following pro-crypto Senator Cynthia Lummis’s plea to enact a Bitcoin Strategic Reserve bill at the end of July, US senators have now received more than 2,200 letters urging them to support the proposal. The bill aims to create a “decentralized network of secure bitcoin vaults” operated by the U.S. Treasury…
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Senate Democrats tee up vote on child tax credit in election-year pitch to families
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Kevin Freaking Published on August 1, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. FILE – Senate Majority Leader Chuck Schumer, D-N.Y., delivers remarks…
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Multicoin Capital pledges up to $1m to pro-crypto Senate candidates
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Multicoin Capital, one of the largest cryptocurrency-focused investment firms in the United States, has announced plans to pledge up to $1 million to support pro-crypto candidates. Multicoin plans to donate to the Sentinel Action Fund, a super-conservative political action committee (PAC), to support four Senate candidates: Sam Brown in Nevada,…
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Multicoin Capital pledges up to $1m to pro-crypto Senate candidates
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Multicoin Capital, one of the largest cryptocurrency-focused investment firms in the United States, has announced plans to pledge up to $1 million to support pro-crypto candidates. Multicoin plans to donate to the Sentinel Action Fund, a super-conservative political action committee (PAC), to support four Senate candidates: Sam Brown in Nevada,…
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Boeing CEO Dave Calhoun denies culture of retaliation against whistleblowers at Senate hearing
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Embattled Boeing CEO Dave Calhoun spent two hours Tuesday trying to convince largely skeptical senators that the embattled planemaker has been committed to safety since two deadly crashes six years ago. Democratic and Republican lawmakers alike grilled Calhoun at a Senate Permanent Subcommittee on Investigations hearing about a series of…
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Novo Nordisk CEO to testify in US Senate hearing on high cost of Ozempic, Wegovy By Reuters
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(Reuters) – Novo Nordisk (NYSE:) CEO Lars Jorgensen has agreed to voluntarily testify at a hearing focusing on U.S. prices for weight-loss drugs Ozempic and Wegovy, the Senate Committee on Health, Education, Labor and Pensions said on Friday. A vote by the US Senate Health Committee, which was scheduled to…
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US Senate panel to weigh Novo Nordisk subpoena over Ozempic, Wegovy prices By Reuters
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WASHINGTON (Reuters) – The U.S. Senate Health Committee said on Tuesday it will vote this month on whether to subpoena Novo Nordisk (NYSE:) to answer questions about U.S. prices for weight-loss drugs Ozempic and Wegovy, which are much higher than their prices in other countries. . countries. The Senate Committee…
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Boeing CEO to testify before US Senate panel on June 18 By Reuters
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Written by David Shepardson and Alison Lambert WASHINGTON (Reuters) – Boeing (NYSE:) CEO Dave Calhoun will testify before a U.S. Senate committee on June 18 after a series of accidents raised safety and quality concerns and prompted regulators to cap the planemaker’s production of its best-selling planes. 737. The highest.…
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Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
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Moments ago, the Senate passed HJRes legislation. 109 would repeal the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial companies from sponsoring Bitcoin and other cryptocurrencies. The legislation passed by a vote of 60 to 38, showing bipartisan support for the measure. BREAKING: ?? Legislation that would…
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Senate approves reversal of SEC crypto custody bulletin
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The US Senate has passed a measure to repeal the Securities and Exchange Commission’s (SEC) circular on cryptocurrency custody standards, and now awaits an expected veto from President Joe Biden. Senate vote Voting ended on Thursday with a majority of 60 votes to 38, which is less than the two-thirds…
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Senate approves reversal of SEC crypto custody bulletin
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The US Senate has passed a measure to repeal the Securities and Exchange Commission’s (SEC) circular on cryptocurrency custody standards, and now awaits an expected veto from President Joe Biden. Senate vote Voting ended on Thursday with a majority of 60 votes to 38, which is less than the two-thirds…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…