July 23, 2025

Legislation

Crypto

Senate advances legislation to regulate stablecoins, a form of cryptocurrency

WASHINGTON — The Senate has voted to move forward with legislation to regulate a form of cryptocurrency called stablecoins, two weeks after Democrats blocked the measure. Monday’s 66-32 procedural vote keeps one of President Donald Trump’s top legislative priorities on track for passage and highlights the growing political strength of the cryptocurrency industry, which spent

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Mortgage

House Republicans seek to scale back VA mortgage bailout program for veterans in foreclosure

Rep. Mike Bost, R-Ill., chairman of the House Veterans’ Affairs Committee, has introduced legislation to cap the number of direct loans that the Department of Veterans Affairs can repurchase through the Veterans Affairs Servicing Program for delinquent agency-backed home loans. (Stars and Stripes) WASHINGTON — A mortgage bailout program that has kept more than 15,000

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