Congress and Crypto

Congress and Crypto

News and updates on all of the latest Congressional hearings, legislation, rumors, and more!


The SEC Prepares for Shutdown After White House Issues Shutdown Warning

25 Sep 2023 1 minute read 2 comments Cje95

Last week SEC Chairman Gary Gensler warned that without funding come October 1st, the SEC will start being run by what he called a skeleton crew. Today the White House issued a "shutdown warning" to all Federal Departments and Agencies so that the es...

A Skeleton Crew of Workers is About to be all That's Left at the SEC

23 Sep 2023 2 minute read 1 comment Cje95

Even though House Republicans continue to work and Members and Staff have been advised they could be recalled to DC for votes the likelihood of a spending bill coming together this weekend is practically zero. The issue that has been hampering the Ho...

House Financial Service Ranking Member Maxine Waters Crypto History

21 Sep 2023 3 minute read 0 comments Cje95

Maxine Waters is the Democratic Ranking Member of the House Financial Services Committee. This Committee has been in the headlines a lot in the last few months because of the crypto legislation that they have been pushing through with bipartisan supp...

U.S. Government Budget Runs Out in 13 Days Before A Government Shutdown Goes Into Effect

18 Sep 2023 3 minute read 7 comments Cje95

A growing number of people have begun to hear that the U.S. Federal Government is about to "run out of money" or shut down. Now this isn't like a person running out of money the issue is Congress has not passed a unified budget for the Federal Govern...

Update on Crypto Legislation on Capitol Hill

17 Sep 2023 2 minute read 1 comment Cje95

An update on where crypto legislation stands on Capitol Hill. This week has been the first time that the House of Representatives has been in session since the House Financial Services passed through a ton of various bipartisan GOOD crypto legislatio...

Crypto Legislation Doom and Gloom News is on the way but it isn't all it Appears!

16 Sep 2023 2 minute read 0 comments Cje95

It is highly likely that over the coming days and weeks, we are going to see a resurgence of anti-crypto talk and a piece of legislation is going to be highlighted spearheading the effort. Senator Warren is a well-known crypto skeptic who has often c...

House Financial Services Committee Gearing Up For a Busy Crypto September

28 Aug 2023 2 minute read 0 comments Cje95

Early this afternoon news came out about the tentative House Financial Services Committee schedule. Members of the House do not return until September 12th so the plan for the last 3 weeks is pretty busy! Of importance to the crypto space are two par...

What Everyone Needs to Rememberpu About the IRS Tax News

27 Aug 2023 3 minute read 1 comment Cje95

Over the last few days, I have seen a ton of posts and takes on the recent announcement from the U.S. Internal Revenue Service, or IRS for short. Like a couple of other U.S. agencies, the IRS is often hated for the reason of their creation and purpos...

Congress is in Recess but Members are Staying in the News Over Stablecoins

11 Aug 2023 3 minute read 1 comment Cje95

I am not going to lie I thought that August Recess, when both chambers of Congress go back to their districts/states for 6 weeks, would be light on crypto. After all, we ended July with an absolute BANG legislation-wise as four bills passed out of Ho...

What is Next for the Crypto Legislation

30 Jul 2023 5 minute read 2 comments Cje95

Last week Congress, for the first time, really focused on and began to execute legislation in the crypto space. It catches people off-guard all the time that Congress has never actually done anything legislatively in the space even though they have...