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Claudia Sahm, former Federal Reserve economist, expressed concerns about Kevin Warsh's statements during his Senate Banking Committee testimony. She said his comments on forward guidance raised questions about potential changes to Fed communications practices.
Substrate placeholder — needs reviewThe Clarity Act passed the Senate Banking Committee with bipartisan support on May 15, 2026. The committee adopted seven amendments during the session. Senate negotiators must now merge it with a version from the Agriculture Committee before a potential floor vote.
cnbc.comThe Senate Banking Committee is scheduled to vote Thursday on a 309-page bill known as the Clarity Act that would establish a regulatory framework for digital currencies. The legislation follows a series of policy developments favorable to the cryptocurrency industry since Presid…
SemaforRepublicans secured enough votes on May 13 to advance their cryptocurrency regulation overhaul without Democratic support after Sen. John Kennedy fell in line. The markup is scheduled for Thursday morning following debate over stablecoin rewards, illicit finance and ethics langua…
cnbc.comThe Digital Asset Market Clarity Act, which passed the House in 2025, faces a Senate Banking Committee markup starting Thursday after Sens. Thom Tillis and Angela Alsobrooks reached a deal on stablecoin yield. Democrats are pushing ethics provisions related to President Trump’s c…
americanbanker.comThe AFL-CIO, SEIU, AFT, NEA and AFSCME sent a letter and email to senators warning that the legislation could jeopardize workers' retirement accounts. The Senate Banking Committee is scheduled to vote on the bill Thursday even as final legislative text remained unreleased Monday…
middleeasteye.netABA CEO Rob Nichols sent an emergency letter dated May 11, 2026, to every bank CEO calling for immediate engagement against a stablecoin yield provision in the Digital Asset Market Clarity Act ahead of a Senate Banking Committee markup on May 14. Coinbase's Paul Grewal and Sen. B…
cnbc.comThe Senate Banking Committee will meet on May 14, 2026 to consider the crypto market structure bill after postponing a markup in January 2026. Crypto industry groups welcomed the date as a step toward regulatory clarity, while a coalition of banking trade associations raised rema…
cnbc.comThe Senate Banking Committee is preparing to notice a markup for legislation addressing Bitcoin and crypto market structure as soon as Thursday. A committee vote on the bill could occur the following week. Lawmakers have expressed positive views on the measure so far, according t…
upi.comThe Senate Banking Committee voted along party lines to advance Kevin Warsh's nomination as Federal Reserve chair, setting up a full Senate vote. The decision came hours before the Fed's latest interest rate announcement and Jerome Powell's final press conference as chair. The mo…
U.S. Attorney Jeanine Pirro announced the termination of a criminal investigation into Federal Reserve Chairman Jerome Powell regarding his testimony on a headquarters renovation project. The probe, launched in November, was halted following a court ruling that quashed related su…