senator – DIGIT INFO

CLARITY Act Gets New Push as Senator Ties Crypto Rules to US Dollar Power

DIGIT — Fri, 12 Jun 2026 21:30:38 +0000

Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength. His comments put crypto market rules, consumer protection, and AI oversight at the center of the Senate Banking Committee’s financial policy agenda. Scott Links CLARITY Act Push to USD Dominance and Crypto Rules Senate Banking […]

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Crypto-Backed Super PACs in Focus as Lawmakers Push $5,000 Donation Cap

DIGIT — Mon, 25 May 2026 04:30:47 +0000

The Abolish Super PACs Act, introduced in the House and Senate, would cap individual super PAC donations at $5,000 amid growing concerns over crypto-backed campaign spending and other independent election expenditures. Super PAC Cap Would Reshape Election Spending U.S. Representative Summer Lee and Senator Bernie Sanders unveiled the Abolish Super PACs Act in an announcement […]

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Sen. Warren Accuses OCC of Granting Illegal Charters to Coinbase, Ripple, and 7 Others

DIGIT — Tue, 19 May 2026 18:37:16 +0000

Sen. Elizabeth Warren sent a formal letter to OCC Comptroller Jonathan Gould on May 18, 2026, accusing the agency of illegally granting national trust charters to at least nine crypto companies and demanding full records by June 1. Warren Targets OCC Over Crypto Bank Charters That Allegedly Bypass Federal Safeguards Elizabeth Warren, the ranking member […]

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Schumer Says Democrats Want a Good Crypto Bill as CLARITY Act Enters Key Phase

DIGIT — Wed, 13 May 2026 09:30:25 +0000

Senate Minority Leader Chuck Schumer wants “a good crypto bill to pass,” signaling potential bipartisan openness as U.S. lawmakers race to finalize two major digital asset laws in 2026. FROM OPPOSITION TO OPENNESS Schumer’s comment came during what has been a turbulent stretch for U.S. crypto legislation. Earlier in the debate over the GENIUS Act […]

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CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup

DIGIT — Mon, 11 May 2026 23:50:36 +0000

Senate Banking Committee members face scorecard pressure as Stand With Crypto plans to score recorded CLARITY Act markup votes. The group says it represents more than 2.9 million U.S. advocates. Senate Banking Markup Puts CLARITY Act Scorecard in Focus Senate Banking Committee members face new scorecard pressure ahead of the May 14 CLARITY Act markup. […]

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CLARITY Act Markup Raises Stakes in Stablecoin Banking Clash

DIGIT — Mon, 11 May 2026 16:37:17 +0000

A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate engagement” from bank CEOs. He framed the dispute as a fight over competition, yields, and control. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of the U.S. Senate Committee […]

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Senators Press Lutnick, Tether Over Loan Tied to Cantor Stake Transfer to Trust

DIGIT — Sun, 03 May 2026 01:10:51 +0000

Senators escalated scrutiny of a reported Tether loan tied to Commerce Secretary Howard Lutnick’s family trust, raising conflict-of-interest and national security concerns. Warren and Wyden cited a New York credit filing involving “Dynasty Trust A.” Key Takeaways: Senators questioned a reported Tether loan tied to Howard Lutnick’s family trust. Concerns include conflicts, national security risks, […]

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Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and Polymarket

DIGIT — Thu, 30 Apr 2026 22:50:01 +0000

A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue rules banning event contracts on elections, war, military actions, sports, and government actions without an economic hedging interest. The letter was filed on the final day of the CFTC’s advance notice of proposed rulemaking comment […]

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US Senate Bans Lawmakers From Betting on Prediction Markets

DIGIT — Thu, 30 Apr 2026 19:30:47 +0000

The United States Senate took decisive action on Thursday to prevent lawmakers from wagering on the very outcomes they influence by unanimously passing a resolution to ban sitting senators from participating in prediction markets. Key Takeaways: Sen. Bernie Moreno led the U.S. Senate to pass a unanimous ban on prediction market trading on April 30, […]

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‘Lose Ground to MiCA’: Industry Expert Warns Against Further CLARITY Act Delays

DIGIT — Wed, 25 Mar 2026 05:30:36 +0000

Representatives from the digital asset industry reportedly met with the Senate Banking Committee on March 23 to review a White House-backed compromise—led by Sens. Tillis and Alsobrooks—on stablecoin rewards intended to revive the stalled CLARITY Act. The ‘Passive vs. Active’ Yield Pivot Representatives from the digital asset industry met with the U.S. Senate Banking Committee […]

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