The Senate Banking, Housing, and Urban Affairs Committee, which consists of 23 senators, including cryptocurrency advocates like Cynthia Lummis (R WY) and…
The federal government’s recent actions against crypto are – rightly or wrongly – widely perceived as a coordinated attempt to maim digital assets. This risks sending a vital industry overseas without actually protecting investors.
Fears that another interest rate hike will hasten more bank failures will loom over the Federal Reserve's meeting this week after a new study found that nearly 200 banks are at risk of the same sort of collapse as happened to Silicon Valley Bank.
The Republican chairman and top Democrat on the House Financial Services Committee announced Friday the panel will hold the first of "multiple" hearings on the collapses of Silicon Valley Bank and Signature Bank, failures that have roiled the banking industry and financial markets.