Senate Banking Committee, Stablecoin

Senate Banking advances Scott's debanking bill
The Senate Banking Committee voted Thursday to advance legislation seeking to strike "reputational risk" from the toolkit of U.S. regulators considering vulnerabilities at financial institutions. Why it matters: Supporters of the FIRM Act argue that it removes a subjective standard open to abuse by administrations looking to target disfavored industries.
GENIUS Act Clears Senate Banking Committee: What It Means For Stablecoins
Senator Hagerty’s GENIUS Act advances out of banking committee with bipartisan support despite Elizabeth Warren’s warnings about crypto risks and consumer protection concerns.
Landmark Stablecoin Bill Advances in Senate Banking Committee
The Senate Banking Committee advanced landmark stablecoin legislation Thursday in a major victory for the ascendant cryptocurrency industry, despite strong objections from top Democrat Elizabeth Warren.
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump
Senate Moves To End "Operation Choke Point" De-Banking With New Bill—But More Protections Are Needed
Following a key hearing in February, Senate Banking Committee Chairman Tim Scott (R-SC) is seeking to protect financial freedom with the
Senate panel takes up debanking reform, first digital assets bill
The Senate Banking Committee is considering bills to create a regulatory framework for dollar-denominated stablecoins and to prevent debanking due to "reputational risk."
Bank-favored riders fail as stablecoin bill passes committee
A much-anticipated stablecoin bill advanced to the full Senate in an 18-6 vote, giving it a promising path to pass with 60 votes. But amendments banks favored were shut out of the markup.
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Axos Bank Taps Industry Veteran Ilkov to Lead Its Middle Market Banking Division
Axos Bank has launched a Middle Market Banking Division, appointing Kristian Ilkov as executive vice president to lead the ...
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Artificial Intelligence May Revolutionize the Banking Industry, But It’s Sowing Uncertainty in the Meantime
Artificial intelligence can increase a bank’s productivity and, in turn, its financial performance. Bloomberg’s report ...
American Banker3d
Bespin Global expands open banking offerings via partnership
Through its collaboration with Ozone API, Bespin Global's U.S. branch will offer its bank clients an "end-to-end" open ...
From Investment Banking to Entrepreneurship
His journey from the high-powered corridors of investment banking to becoming the CEO and entrepreneur behind Dutch Barn ...
City National Bank Announces Appointment of Anthony Di Santi as Managing Director, Head of Corporate Sports Banking
City National Bank recently announced the appointment of Anthony Di Santi as managing director, head of Corporate Sports ...
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Major Banking Hurdles Complicate USVI Cannabis Industry Rollout as Licensing Gets Underway This Month
The conversation was first broached by Senator Angel Bolques Jr. “Given the restrictions surrounding banking and insurance in ...
Analysis-Big Bank Deals Stalled by Trump Volatility Even as Officials Signal Deregulation
While welcoming deregulatory signs, bankers and industry executives told Reuters that big mergers were stalled by market ...
Bank climate coalition seeks to overhaul rules, chair says
The world's leading climate coalition for the banking sector is canvassing members over changes to its rules, its chair told ...