FOX reporter Eleanor Terrett said in a social media post that the US Senate Banking Committee will vote today (January 23) at 11 pm (Beijing time) on whether US Senator Cynthia Lummis will be the chair of the digital assets group. It is not yet clear whether there will be any other announcements.
Eleanor Terrett, a correspondent for FOX Business, wrote in an article: "In addition to signing an executive order to establish a cryptocurrency committee, cryptocurrency policy leaders also expect Trump to sign an executive order banning the creation of a CBDC. It is not clear when these executive orders will be signed."
Forbes reporter Eleanor Terrett posted on the X platform that the US Senate Banking Committee will vote to approve the chairpeople and members of its various subcommittees, including the Digital Assets Subcommittee, at 10 am EST on Thursday.
Fox Business reporter Eleanor Terrett posted on the X platform that Caroline Pham, the new acting chair of the US Commodity Futures Trading Commission (CFTC), issued a statement after being confirmed by the committee's vote. She said: "I am honored to lead the CFTC as acting chair. This is a critical time, and I thank President Trump for his trust in me, as well as my colleagues and the CFTC staff for their support." Caroline Pha also said that she looks forward to working with various stakehold...
On the 20th local time, outgoing US President Biden confirmed to reporters that he left a letter to the incoming US President-elect Trump, but did not disclose the specific content of the letter. "This is between me and Trump," Biden told reporters outside the White House. When Trump left office in 2021, he left a letter to his successor Biden, which Biden later described as "very generous".
On January 15, Fox Business News reporter Eleanor Terrett posted on the X platform that U.S. Senator Tim Scott has just released a list of priorities for the 119th Congress, including the development of a digital asset framework. The document shared reads: "Under the leadership of Chairperson Gensler, the Securities Exchange Commission (SEC) has refused to provide clear guidance to the cryptocurrency industry, which has forced related projects to move to...
Forbes reporter Eleanor Terrett said in an article on X that French Hill, chairperson of the US House Financial Services Committee, has appointed Tom Emmer as vice chairperson of the digital assets, financial technology and artificial intelligence subcommittee. He also nominated other Republican members of the committee.
According to cryptocurrency journalist Shalini Nagarajan, after President Trump is elected, he plans to hire about 24 CEOs and founders of the crypto industry to form a crypto advisory committee. The committee is likely to provide guidance on digital asset policy and work with Congress to draft crypto legislation. It also aims to build a strategic bitcoin reserve and deliver on Trump's campaign promises. In addition, it will work with key government entities, including the SEC, CFTC, and Treasur...
According to Fox Business reporter Eleanor Terrett, the U.S. Senate Banking Committee, led by Senator Tim Scott, will establish its first subcommittee dedicated to cryptocurrencies. The subcommittee will be structured along the lines of the Republican Financial Services Subcommittee established by Patrick McHenry in 2023. Senate aides confirmed that Senator Cynthia Lummis has been tentatively selected as the subcommittee chair, pending a vote by the full committee. It is reported that the approv...
According to Forbes reporter Eleanor Terrett, Ripple executives Brad Garlinghouse and Stuart Alderoty met with Trump at Mar-a-Lago on Monday night.
At a news conference on Tuesday at Mar-a-Lago, Mr. Trump escalated his talk of annexing Canada to the United States. He also reiterated his intention to impose "substantial" tariffs on goods from Canada and Mexico. Asked if he would use military force to annex Canada, he replied, "No - economic force. Because of Canada and the United States, that can really work. That artificial line can be given to...
The famous Wall Street Journal reporter Nick Timilaus, who is known as the "Federal Reserve's mouthpiece", recently published an article saying that the Federal Reserve is trying to re-evaluate the impact of the new Trump administration on the US economy and inflation. According to people familiar with the matter, Federal Reserve Chairperson Powell is very dissatisfied with the public remarks of some Federal Reserve officials because they more directly link the Fed's policy to the policy changes...
The famous Wall Street Journal reporter Nick Timilaus, who is known as the "Federal Reserve's mouthpiece", recently published an article saying that the Federal Reserve is trying to re-evaluate the impact of the new Trump administration on the US economy and inflation. According to people familiar with the matter, Federal Reserve Chairperson Powell is very dissatisfied with the public remarks of some Federal Reserve officials because they more directly link the Fed's policy to the policy changes...
According to Fox Business reporter Eleanor Terrett on the X platform, the Senate Banking Committee will meet next Wednesday to vote on whether to renominate SEC Democratic Commissioner Caroline Crenshaw. If the Senate votes, she will be able to serve on the committee until 2029. If she is not confirmed, Trump will be able to nominate someone else. It is reported that during her tenure on the committee, Caroline Crenshaw has been an ally of SEC Chairperson Gary Gensler and a supporter of his poli...
According to FOX Business reporter Eleanor Terrett, the Securities Exchange Commission (SEC) has notified at least two applicants for the SOL Spot ETF that their 19b4 filings will be rejected. According to sources, the SEC may not approve any new cryptocurrency ETF applications under the current administration.