President Donald Trump’s “Crypto Week” hit a major snag on July 15, 2025, as the House rejected a key procedural vote for the GENIUS Act, 196-223, with 13 Republicans joining Democrats. Photo : AP President Donald Trump’s ambitious “Crypto Week” suffered a stunning blow on Tuesday, July 15, 2025, as the House of Representatives rejected
John Kennedy | Capital Bureau | USA TODAY NETWORK – FLORIDA What is the Senate’s Genius Act? The Genius Act, along with other crypto bills, will be reviewed by the House during “Crypto Week.” Two Florida representatives elected with support from the cryptocurrency industry are expected to back a new crypto regulatory bill. The GENIUS
Bitcoin at all-time high as lawmakers focus on pro-crypto legislation President Donald Trump, once a crypto skeptic, has become a major promoter of the industry. Scripps News Bitcoin leapt past $120,000 for the first time on Monday, marking another milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week, which
House members return to town this week to consider the fiscal 2026 Pentagon spending bill and crypto measures, while senators are staring at yet another vote-a-rama — this time on rescissions. While defense appropriations headlines the House’s week, the floor agenda is full even beyond that, with several significant financial services measures related to stablecoins
Here’s what the Senate removed from Trump’s ‘Big Beautiful Bill’ Here’s whats left of Donald Trump’s “Big Beautiful Bill” after Senate cuts due to the “Byrd rule.” President Trump’s spending bill introduces changes to student loan programs, including new borrowing caps and repayment plans. Graduate students will have a $100,000 lifetime borrowing cap, while medical
Jarrett Renshaw | Reuters Benjamin Netanyahu nominates President Trump for Nobel Peace Prize President Donald Trump hosted Israeli Prime Minister Benjamin Netanyahu at the White House. July 8 (Reuters) – Within hours of taking office in January, President Donald Trump boasted about attracting $3 trillion in new corporate investments to the United States. Since then,
The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate
Is Buying A Home Still A Good Investment? getty According to a 2024 report from the Aspen Institute Financial Security Program, “Renters possess less than 3 percent of the wealth of homeowners, with a median net worth of $10,400 compared to $400,000 for homeowners.” The report, which primarily utilizes data from two separate Federal Reserve
The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of
Referencing Trump’s business moves while in office, an ethics expert said, “His is one of the most blatant and appalling instances of selling access to the presidency I’ve ever seen.” Trump hosts crypto dinner for biggest $TRUMP coin buyers The president hosted top investors in his meme coin and rewarded the biggest buyers with gifts