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That effort escalated last month when the SEC sued crypto exchanges Coinbase and Binance for failing to register some crypto tokens. Most crypto companies dispute the SEC's jurisdiction. It would expand the Commodity Futures Trading Commission's (CFTC) oversight of the crypto industry, while clarifying the SEC's jurisdiction. With Democrats' support, the bill could have a shot in the Senate. McHenry and Thompson are discussing the proposal with crypto companies, regulators and Democrats, and hope the committees will vote on it before the August recess, senior Republican policy staff said.
Persons: Cody Carbone, Patrick McHenry, Glenn Thompson, Brett Quick, McHenry, Thompson, Maxine Waters, David Scott, Scott, Vicente Gonzalez, Sylvia Garcia, Carbone, Spokespeople, Waters, Gonzalez, Garcia, Sam Bankman, Fried, Kristin Smith, Coinbase, spender, Kara Calvert, It's, Michelle Price, Hannah Lang, Douglas Gillison, Richard Chang Organizations: U.S . Securities, Exchange Commission, SEC, Capitol, Blockchain Association, Chamber of Digital Commerce, Crypto, Innovation, Coinbase, Financial Services, Agriculture, Trading, Republican, Thomson Locations: Washington, United States
The bill proposes a clearer pathway for the registered offer and sale of digital assets. Crypto exchanges have been calling for regulatory clarity in the wake of expansive enforcement actions that have left companies and developers scrambling to move operations beyond the U.S. Crypto exchanges Coinbase and Gemini have both announced off-shore exchange operations. Coinbase also is engaged in a bruising courtroom battle with the SEC over the very issues that apparently prompted the McHenry-Thompson bill. The crypto exchange received a Wells notice, a warning of impending enforcement action, from the SEC earlier this year. The draft bill will likely be reshaped and modified in coming weeks and months, but it represents a powerful vote of support from two influential Republican members.
Persons: Patrick McHenry, Glenn Thompson, Coinbase, McHenry, Thompson Organizations: Republican, Financial Services, Futures, Securities, Exchange, SEC, Gemini Locations: North Carolina, Washington ,, R
Here are 22 of our top LGBTQ news stories of the year. Ron DeSantis signed the controversial Parental Rights in Education law — or what critics have dubbed the “Don’t Say Gay” bill — on March 28. 'It’s already having an impact': LGBTQ people fear abortion rights reversalA supporter of gay marriage waves a flag in front of the Supreme Court on June 25, 2015. Nicola Goode / Prime VideoAmazon’s “A League of Their Own” series, which debuted Aug. 12 and was inspired by the 1992 cult classic by director Penny Marshall, brought much-needed representation to the screen for lesbians and other queer women, who celebrated how “gay, gay, gay” it was. Biden signs same-sex marriage bill at White House ceremonyPresident Joe Biden signs the Respect for Marriage Act on the South Lawn of the White House on Dec. 13.
Some lawmakers delivered dozens of floor speeches during the 117th Congress, C-SPAN's tracking showed. Most members don't usually hang out on the House or Senate floor to hear their colleagues' speeches. These House members spoke the most on the House floor during the 117th Congress. "It is my duty to use the House Floor as a vehicle to share their views, needs, and successes. That's because the Senate floor is typically where leaders make announcements to their members on legislation and nominations, among other topics.
Rep. Glenn Thompson voted against a same-sex marriage protection bill for the second time on Thursday. He first voted against it in July, days before attending and speaking at his gay son's wedding. "Everybody is entitled to an opinion," Thompson told Insider ahead of casting his vote. Thompson spoke at his son's wedding, according to audio leaked to BuzzFeed News. Despite Republican senators amending the bill to add religious liberty protections, many conservative House members said they were unsatisfied with the result.
PHILADELPHIA/LATROBE, Pa., Nov 5 (Reuters) - U.S. President Joe Biden told voters in Pennsylvania that a Democratic loss in Tuesday's midterm elections would have "decades" of consequences, while Republican candidates for Congress predicted a sweeping victory. Still, opinion polls show a significant number of Republican voters accept the claim, as do many candidates for Congress, governor and state offices overseeing election administration. Speaking before Trump at a rally in Latrobe, Pennsylvania, Representative Glenn Thompson told supporters that Republicans were headed for major gains on Tuesday. TRUMP READIES ANOTHER RUNTrump is set to gin up support for his handpicked Republican Senate nominee, Oz, and Republican gubernatorial nominee Doug Mastriano at a rally in Latrobe, southeast of Pittsburgh. Nonpartisan election forecasters and polls show Republicans are heavy favorites to win control of the House, with the Senate a toss-up.
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