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FED SHOCK: Jerome Powell could stay beyond end of his term
Youtube· 2026-03-17 15:30
40. >> When would you expect a markup of the clarity bill. >> Now that we have we might have to consider war funding.Uh we are embroiled in how to deal with the SAVE act. I'm hoping we'll get to mark up uh either right before the Easter break or right after uh and hopefully have a product out of the Senate Banking Committee before the end of April. But the deeper it gets into the year Maria, the more challenging it's going to be for us to get this across the finish line, which is why I'm encouraging my Demo ...
Sen. Boozman discusses what's next after his committee advances crypto bill
CNBC Television· 2026-02-05 21:25
Senate Agriculture Committee Chairman John Boseman. Thank you very much for joining us. >> No, thank you so much for having me as always.>> Absolutely. Now, I watched the Senate Agriculture Committee's hearing on its version of a crypto market structure bill, and there certainly was some contention between Democrats and Republicans, but ultimately the committee voted along party lines to advance the bill, marking a major development for digital asset regulation. Now, in a statement immediately following the ...
Coinbase launches campaign to stop banking industry's efforts to undo provisions of the GENIUS Act
Youtube· 2025-10-01 15:52
Core Viewpoint - Coinbase has launched a significant marketing campaign to counteract the efforts of big banks advocating for the rollback of stablecoin rewards, emphasizing the importance of the Genius Act which prohibits banks from offering interest on stablecoins while allowing crypto exchanges to do so [1][2][3] Group 1: Marketing Campaign and Its Objectives - The marketing campaign aims to inform crypto investors about the banks' attempts to roll back rewards and to encourage consumers to advocate for competition in the financial system [5] - Coinbase offers a 4.1% reward for USDC stablecoin holders, contrasting sharply with traditional banks that provide minimal interest on deposits [6][8] - The campaign includes social media outreach and a new website to engage crypto consumers and raise awareness about the importance of maintaining stablecoin rewards [4][5] Group 2: Legislative Context and Importance - The Genius Act, passed in July, established consumer rights to earn rewards on stablecoins, which banks are now attempting to challenge [3][9] - The Blockchain Association has urged Congress to uphold the Genius Act, reinforcing the digital asset industry's support for it [9] - The Clarity Act is seen as a critical next step for establishing a comprehensive regulatory framework for crypto, with Coinbase advocating for its passage [11][19] Group 3: Industry Growth and Future Legislation - The passage of the Genius Act has led to growth in the stablecoin market, indicating its positive impact on the industry [17][18] - Coinbase emphasizes the need for clear regulations regarding which tokens fall under the jurisdiction of the SEC and CFTC, which the Clarity Act aims to address [19][20] - Legislative priorities for Coinbase include sensible tax policies for crypto, which are being discussed in the Senate [27][30]