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Introduced by Sens. Lummis (R-WY) and Gillibrand (D-NY), the bill aims to create clarity for regulators and the crypto industry to safeguard investors and consumers. Two senators unveil their ...
Senators Kirsten Gillibrand and Cynthia Lummis introduced their long-awaited crypto legislation that favors the CFTC as a watchdog and wipes away tax worries for purchases of less than $200.
Sen. Cynthia Lummis and Sen. Kirsten Gillibrand introduced comprehensive legislation in June to regulate crypto.
This set the stage for consideration of the bill by the entire U.S. House of Representatives in late May. [1] [2] On 22 May 2024 the bill was passed by the full House by a vote of 279–136, with 71 Democrats and 208 Republicans voting to support the measure. The bill passed over the vocal opposition of President Biden and SEC Chair Gary ...
Gensler was born into a Jewish family [7] in Baltimore, Maryland, one of five children of Jane (née Tilles) and Sam Gensler. [8] Sam Gensler was a cigarette and pinball machine vendor to local bars, [9] and he provided Gensler with his first exposure to the real-world side of finance when Sam would take Gensler to the bars of Baltimore to count nickels from the vending machines.
U.S. digital asset ownership jumped from 30% in 2023 to 40% in 2024. Congress must rise to the occasion and pass FIT21. The House crypto bill could be the answer to America’s regulatory soul ...
On November 29, 2022, Lummis voted for the final passage of the Respect for Marriage Act. [ 177 ] [ 178 ] [ 179 ] Explaining her decision, reversing her prior opposition to federal same-sex marriage recognition, she said she was "guided by two things—the Wyoming Constitution and ensuring religious liberties for all citizens and faith-based ...
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