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On September 9th, according to Fox reporter Eleanor Terrett, Senator Chuck Schumer sent a letter to his Senate colleagues, mentioning the priority of passing bipartisan legislation in the remaining months of Congress. Cryptocurrency legislation was not mentioned, but artificial intelligence was listed as a priority. This is a departure from his insistence in the Crypto4Harris town hall that cryptocurrency legislation will be an urgent priority.
Asked about a bigger rate cut, Mr. Goolsbee said: Pay attention to the dot plot, which does not show inflation falling so fast or unemployment rising so high; the general consensus within the Fed is that there will be multiple rate cuts; still hope for a "soft landing"; we need the job market and GDP to stabilise.
Speaking at the Crypto4Harris conference on Wednesday, US Senate majority leader Chuck Schumer, Democrat of New York, pledged to pass crypto legislation by the end of the year. In a livestream of the conference, Mr. Schumer said that without action, "there is a risk that cryptocurrencies will flow overseas, into countries where there is no minimum standard of regulation". The theme of the event was to "restart" the dialogue with Vice President Kamala Harris and the future Harris administration -...
According to Forbes reporter Eleanor Terrett at X, New York State Senator Chuck Schumer has revealed his goal for crypto regulation, which he hopes will be modelled on AI regulation to have some crypto bills passed and passed into law in the Senate by the end of the year. Chuck Schumer said: "My goal is to have some law...
New York Democrat and Senate Majority Leader Chuck Schumer will speak Wednesday at a town hall meeting hosted by Crypto4Harris, a group that aims to reshape cryptocurrencies' relationship with presidential candidate and current Vice President Kamala Harris, according to people familiar with the matter. According to sources familiar with the matter, the New York Democrat will meet with the cryptocurrency industry at 8 PM EST.
US senators Catherine Cortez Masto and Chuck Grassley have introduced new legislation aimed at strengthening the Secret Service's authority to investigate cryptocurrency crimes. The bill would give the Secret Service greater powers to deal with transnational cyber crimes such as undocumented money transfers, structured transactions and financial fraud. The bill also encourages the Secret Service to work with federal agencies like the Justice Department and the Financial Crimes Enforcement Networ...
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