Latest in Pro Crypto Congress
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Morning Report — Congress starts the funding sprint
In today’s issue: Congress is back in town. Lawmakers begin their lame-duck session today and are facing a Dec. 20 funding deadline ahead of the holidays and the swearing in of the 119th Congress ...Politics - The Hill - November 12 -
Congress returns to Washington as GOP prepares to take control
Returning lawmakers will be choosing the leaders for the next Congress and finishing work on the remaining priorities of the outgoing 118th Congress.Top stories - CBS News - November 12 -
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Will a Republican Congress give Trump everything he wants?
President-elect's radical agenda could still face hurdles in both the Senate and the HouseWorld - Financial Times - November 13 -
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House Republicans lock in leadership positions for next Congress
House Republicans on Wednesday locked in their top leadership positions for the looming 119th Congress, as the conference readies its majority to legislate under full GOP control of Washington. For ...Politics - The Hill - November 13 -
Gaetz resigns from Congress after AG nod
Rep. Matt Gaetz (R-Fla.) will resign from Congress “effective immediately” after being nominated to serve as attorney general by President-elect Trump, Speaker Mike Johnson (R-La.) announced on ...Politics - The Hill - November 14 -
Meet some of the new faces that will join Congress in January
As President-elect Trump builds his Cabinet and administration, incoming lawmakers are gathering on Capitol Hill for orientation. CBS News projects the GOP will hold the majority in the House, with ...Top stories - CBS News - November 15 -
Congress needs to reclaim its role in policymaking
The 119th Congress will be the first to begin since the Supreme Court overturned its 1984 Chevron decision, and their are proposed reforms to restore the role of the legislative branch in ...Politics - The Hill - November 15 -
Biden asks Congress for $100B in disaster relief funding
President Biden has sent Congress an emergency funding request for roughly $100 billion to help with recovery after natural disasters, including the recent hurricanes Helene and Milton in the ...Politics - The Hill - 5 days ago -
Hakeem Jeffries elected House Democratic leader with GOP set to retain control
As House Democrats conduct the leadership elections Tuesday, the party is still reeling from the results of the 2024 elections — and reckoning with the path forward.Top stories - CBS News - 4 days ago -
Lawmaker offers tips on perks for incoming members of Congress
Rep. Susie Lee (D-Nev.) offered to incoming members of Congress a one-sheet of tips and perks as they prepare to join the legislative branch. “Congratulations!” Lee wrote in the guide to freshmen. ...Politics - The Hill - 4 days ago -
McConnell announces new roles in next Congress
Senate Minority Leader Mitch McConnell (R-Ky.) on Thursday announced plans to shift into two key roles in the next Congress as he prepares to hand over the torch as the upper chamber’s top ...Politics - The Hill - 2 days ago -
Trump sentencing delayed, Gaetz will not return to Congress in January
President-elect Donald Trump's "hush money" case sentencing has been delayed as his team pushes for the case to be dismissed outright. CBS News' Jake Rosen reports. Also, CBS News' Scott MacFarlane ...Top stories - CBS News - Yesterday -
Election Odds Swing in Trump’s Favor on Polymarket, a Crypto Betting Site
Donald Trump, Elon Musk and CNN have cited election predictions from Polymarket, a betting site where crypto enthusiasts have wagered more than $100 million on who will win the presidency.Business - The New York Times - October 25 -
Crypto’s ‘Death Star’ election spending has wowed D.C. Will profits follow?
Digital asset companies are the biggest corporate donors in 2024Business - MarketWatch - October 30 -
Ex-FTC Executive Singh Spared Prison for Role in Crypto Fraud
The former chief engineer at FTX cooperated extensively with prosecutors in their case against founder Sam Bankman-Fried.Business - Inc. - October 30 -
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.Business - CNBC - October 31 -
Crypto Firms Including Kraken and Robinhood Launch Global Stablecoin Network
A group of fintech and cryptocurrency players want to increase stablecoin use through the newly created Global Dollar Network.Business - Inc. - November 5 -
Bitcoin Hits a Record as Crypto Investors Root for a Trump Win
Bitcoin’s price went above $75,000, breaking the record that the digital currency set in March.Business - The New York Times - November 6 -
Dogecoin and other memecoins surge as Trump wins presidential election
Dogecoin surged more than 30% at one point after bitcoin rallied to a new all-time high.Business - CNBC - November 6 -
Here's what Trump promised the crypto industry ahead of the election
Donald Trump branded himself as the pro-crypto candidate for president on the campaign trail.Business - CNBC - November 6 -
Bitcoin hits record above $75,000 as crypto industry celebrates Trump win
Republican presidential victor has vowed to end regulatory crackdown on cryptocurrency industryWorld - Financial Times - November 6 -
As Trump Takes a Victory Lap, the Crypto Faithful Kiss the Ring
The crypto industry is celebrating the return of Donald Trump to the White House in anticipation of an easier ride under his regime.Tech - Wired - November 6 -
A Russian reprieve for JPMorgan?
Trump victory puts a twist in the tale of Moscow vs America’s biggest bankWorld - Financial Times - November 7 -
Was the Polymarket Trump whale smart or lucky?
Know thy neighbour, not thy traderWorld - Financial Times - November 7 -
Crypto bulls doubled down on Trump for this 1 big reason
The crypto industry has faced extreme pressure under the Biden administration.Business - MarketWatch - November 9 -
Jack Dorsey dramatically scales back crypto ambitions for Block
Block said Thursday that it was "winding down" its TBD division, which had sought to create an open-source crypto development platform.Business - CNBC - November 10 -
Crypto businessman killed in apparent assassination at São Paulo airport
Three injured as victim named as Antônio Vinícius Lopes Gritzbach, who had been threatened by top crime syndicate. A Brazilian businessman has been killed and three people injured in an apparent ...World - The Guardian - November 8 -
Crypto expert with links to gang shot dead at Brazilian airport
Antônio Vinicius Gritzbach had recently agreed to hand over information about the Primeiro Comando da Capital group.Top stories - BBC News - November 9 -
Brussels to free up billions of euros for defence and security from EU budget
Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victoryBusiness - Financial Times - November 11 -
Bitcoin resumes its climb, briefly touching $90,000 in late afternoon trading
Bitcoin climbed over the $90,000 level in late afternoon trading Tuesday.Business - CNBC - November 12 -
Crypto Industry Lobbies Trump and His Allies After Election Wins
As Bitcoin soars to record highs, cryptocurrency executives are maneuvering to influence Donald J. Trump’s transition and secure their policy goals.Business - The New York Times - November 13 -
Trump 2.0 Officially Makes Crypto Mainstream. Just Ask Investors
Bitcoin’s post-election rally has fueled stock-market winners like MicroStrategy and Coinbase.Business - Inc. - November 13 -
Bitcoin clears $93,000 and Dogecoin soars amid Trump-fueled crypto rally
Cryptocurrency boosters are expecting the president-elect’s economic team to be crypto-friendly. The price of bitcoin scaled a fresh all-time high on Wednesday, soaring above $93,000 as ...World - The Guardian - November 13 -
South Korean police arrest 215 people in suspected $228m crypto scam
Alleged criminal ring is the biggest cryptocurrency investment scam in country’s history, according to police. South Korean police have arrested 215 people on suspicion of stealing 320bn won ...World - The Guardian - November 13 -
Where crypto ETFs can go next during a second Trump term
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.Business - MarketWatch - November 13 -
18 states sue SEC, Gensler for 'regulatory overreach' on crypto
Eighteen Republican attorneys general sued the Securities and Exchange Commission (SEC) and Chair Gary Gensler on Thursday for allegedly overstepping the agency’s authority in its enforcement ...Politics - The Hill - November 14