The Committee On Banking And Urban Affairs - confirm. happens
The Senate has assigned pro-bitcoin senator Cynthia Lummis R-WY to the Banking, Housing and Urban Affairs committee, and she's already planning on ways to educate her colleagues on digital assets. Lummis expressed her intention to educate her fellow senators. On Anthony Pompliano's podcast, Lummis announced that she's forming a financial innovation caucus in the Senate to promote "a proper understanding and responsible regulation of things like digital assets and emerging financial technologies," according to her office. She also touted bitcoin as a better store of value for consumers, particularly as a hedge against the dollar. Lummis herself is the first sitting senator known to hold the asset. The proposed caucus would seek to counter the argument that cryptocurrencies are primarily a money-laundering tool, in order to create more space for innovation in the U. She specifically mentioned stablecoins as one such area of innovation, referencing both the Facebook-backed stablecoin project Diem and the Federal Reserve's interest in a possible central bank digital currency CBDC. To that end, the caucus plans to meet with the Fed. The Committee On Banking And Urban Affairs
Louis Velazquez.
Evidence-based & community-driven
The U. Marcia L. This is according to reporting at Cleveland. However, several prominent Republicans on the committee expressed concern about previous statements made by Secretary-designate Fudge. Pat Toomey R-Penn.
The senator was referring to comments made by Rep. While also citing concern over previous statements that Fudge has made about Republicans, Sen. Tim Scott R-S. New committee chairman Sen. At her confirmation hearing last week, Rep.
Fudge was asked several questions by senators regarding past statements she has made about her Republican colleagues, but vowed to be a partner to anyone who wants to work with HUD in good faith.
I am one of the most bipartisan members in the House of Representatives. And I think that if you would check, my record would reflect link. Read the article at Cleveland. Department of Housing and Urban DevelopmentU.
Chris got his start as a professional writer talking about the entertainment industry, but transitioned to the B2B Bankinv by providing industry news to market researchers.
He joined RMD inand when he's not covering the reverse mortgage industry, Chris enjoys movies, comics, video games and life with his wife and baby daughter. Skip to content. House CC0 Rep. Marcia Fudge D-Ohio. Chris Clow Chris got his start as a professional writer talking about the entertainment industry, but transitioned to the B2B arena by providing industry news to market researchers. You May Also Like.
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