Democrats are publicly reproaching the Securities and Exchange Commission after the agency quietly abandoned its long-running lawsuit against Ripple and several other firms, raising questions about enforcement and transparency.
House Democrats accused the SEC of fostering a “pay-to-play” culture after it dropped enforcement actions involving Binance, Coinbase, Kraken and Justin Sun in a letter sent Thursday. Lawmakers say the moves raise serious questions about regulatory fairness.
Conservative Republicans are angry after language banning a central bank digital currency was dropped from a must-pass defense bill now headed to the Senate.
U.S. senators will meet with major bank CEOs this week as Congress prepares to vote in December on a bill to create a regulatory framework for digital assets. The discussions are intended to resolve outstanding issues and smooth a path toward final passage.
Lindsay Fraser, associated with Uniswap, will become the Blockchain Association's new policy chief as Congress debates a market structure bill with major DeFi implications. Her arrival strengthens the industry's advocacy at a pivotal moment for crypto regulation.
Representative Stephen Lynch pressed Fed governor Michelle Bowman about remarks she made on digital assets at a November conference in Madrid, sparking a heated exchange as lawmakers debated oversight. The hearing highlighted growing congressional frustration over regulatory gaps for stablecoins.
House Democrats released a report alleging President Trump and his family earned $800 million from cryptocurrency sales in the first half of the year and labeled the operation the "world’s most corrupt crypto startup." The report was published Friday, Nov. 28, 2025.
House Democrats have opened an inquiry into former President Donald Trump's ties to cryptocurrency ventures, alleging he exploited political influence for personal profit and raising corruption concerns. Lawmakers are seeking documents and testimony to determine whether rules were violated and who should be held accountable.
House Democrats condemned former President Trump's connections to the cryptocurrency sector, labeling the relationship a "new age of corruption" and urging increased oversight. Lawmakers say the ties raise concerns about regulatory capture and the integrity of policymaking.
House transaction reports show Congressman Brandon Gill has purchased as much as $2.6 million in Bitcoin so far this year, filings made public on Nov. 18, 2025 indicate. The disclosure underscores a notable personal bet on BTC from a prominent Republican lawmaker.