Browsing: House

The House Energy and Commerce Subcommittee on Health examined 17 legislative proposals addressing Medicare payment reform, health care access and cybersecurity on Sept. 15, as health care providers face pressure from payment uncertainty and ransomware threats. The hearing surfaced a core tension: While Republicans and Democrats agree that Medicare’s payment system needs modernization, Democrats warned that administration policies are…

A rift is widening inside President Donald Trump’s administration over how tightly to regulate artificial intelligence. Senior aides worried about cyberattacks, biological weapons and threats to critical infrastructure are pressing for stronger safeguards. Trump and some technology executives, citing competition with China, want to preserve a light-touch approach.

The Senate’s September 15 rejection of the CLARITY Act looked like a major setback for crypto, especially after two years of lobbying and enormous industry spending on the market-structure bill. Yet just one day later, a different crypto bill quietly…

The US House Committee on Financial Services voted 28-21 on Sept. 16 to advance legislation that would write President Donald Trump’s strategic Bitcoin (BTC) reserve executive order into permanent federal law.

The House Ways and Means Committee moved forward a bill on tax for digital assets on Wednesday (September 16), which was designed to minimize the tax liability for small transactions involving cryptocurrencies, while subjecting digital assets to numerous anti-abuse regulations already used for traditional financial instruments. With a vote of 38-5, the committee passed the…

The House Ways and Means Committee voted 38-5 on Sept. 16 to advance the Digital Asset Tax Certainty Act to the full House. The vote came less than 24 hours after the Senate failed to advance the Digital Asset Market Clarity Act. The wide margin reflected strong bipartisan backing for the measure.

Conner Brown, Executive Director at the Bitcoin Policy Institute, welcomed the House Financial Services Committee’s advancement of the Strategic Bitcoin Reserve Bill on Wednesday.

The crypto news that matters most this week is not about price charts. The House Financial Services Committee votes today on H.R. 8957, the bill that would lock 328,000 seized Bitcoin into a federal reserve for 20 years, per KuCoin. The Fed also gives its rate call today with hike odds at 87%, per CoinGabbar.

House Financial Services Committee is scheduled to mark up the American Reserve Modernization Act today.