On December 3rd, US Congressman French Hill publicly committed to investigating "Operation Chokepoint 2.0", which is accused of denying specific industries such as cryptocurrencies access to financial services for political purposes. Hill said that the Financial Institution Group should not be held without proper, substantive...
The U.S. House of Representatives has received enough votes to pass a temporary government funding bill, and voting continues.
According to FOX Business reporter Eleanor Terrett, Rep. Brad Sherman first brought up the topic of cryptocurrencies after Patrick McHenry, chairperson of the U.S. House Financial Services Committee, spoke. Sherman said: "The SEC is the primary institution for investor protection and has responsibility for almost every other intangible investment asset. We can provide clarity, although I don't think it's necessary, and we can make it clear through additional regulations that cryptocurrencies are...
After Biden announced his withdrawal, Johnson, the Republican speaker of the US House of Representatives, called on Biden to resign "immediately". "If Biden is not fit to run for president, he is not fit to serve as president," Johnson said in a statement. "He must resign from the presidency immediately." Johnson said that more than 14 million Americans chose Biden as the Democratic presidential candidate, but the party that calls itself the "Democratic Party" has declared...
The U.S. House of Representatives plans to hold a crucial vote next week to overturn President Biden's veto of Staff Accounting Bulletin 121 (SAB 121), which has sparked controversy in the crypto industry over concerns that it could affect banks' custody of digital assets. Although the House passed the resolution 228-182 in May, it still needs a two-thirds majority in both chambers to override the veto. Political experts have mixed opinions about the vote, saying that it will be difficult to suc...