Sen. Warren Questions Trump’s SEC Chair Pick About Crypto Regulations Ahead O...
US Senator Elizabeth Warren sent a letter to Securities and Exchange Commission (SEC) Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest. The inquiry precedes his upcoming Senate Banking Committee hearing. Related Reading: US Treasury Faces Backlash Over Attempt To Dismiss Tornado Cash Case Without Final Ruling […]
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Senator Elizabeth Warren, known for her skepticism towards digital assets, along with six fellow lawmakers, has sent a letter to SEC Chair Paul Atkins, raising concerns about President Trump’s proposal to allow 401(k) plans to invest in crypto, warning that this could jeopardize the retirement savings of American workers. Concerns Raised Over Crypto In Retirement […]
President Trump’s pick for Chairman of the Commodity Futures Trading Commission (CFTC) has accused the founders of crypto exchange Gemini of interfering with his confirmation process following a key conversation from two months ago. Related Reading: Nasdaq Set To Invest $50 Million In Crypto Exchange Gemini’s IPO – Report CFTC Nominee Shares Texts With Gemini […]
Martin Gruenberg was the FDIC’s acting chair while the agency issued cease-and-desist orders to crypto firms and suggested that payment stablecoins merited further consideration. United States President Joe Biden announced he would be nominating Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin Gruenberg to assume the position as part of a five-year term.In a Nov. 14 announcement, President Biden said he intended to nominate Gruenberg, who has previously served as acting FDIC chair from 2005 to 2006, 2011 to 2012, and from February 2022 to the present. Gruenberg assumed the....
United States President Donald Trump has unveiled former Federal Reserve Governor Kevin Warsh as his pick for the next chair of the US central bank. This move confirms the circulating rumors after the former Fed governor reportedly met with Trump at the White House on Thursday, January 29. Trump Pushes Warsh To Senate For Fed Chair Position On Friday, January 30, Trump, via his social media platform Truth Social, announced his nomination of ex-Fed official Kevin Warsh as the successor of Jerome Powell as the Federal Reserve chairman. Prior to this announcement, prediction platforms had....
U.S. Senator Elizabeth Warren has been a known crypto adversary. She claims Bitcoin and cryptocurrencies have a negative impact on the environment and facilitate cyber-attacks. She has taken a new step that could change this industry. In a letter to the U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, Warren called for “properly” regulations […]