Search results for Chuck Grassley
Crypto
U.S. Republican senator urges probe into crypto business of Trump and Biden sons
A Republican U.S. senator has called for a Senate-level investigation into Donald Trump Jr. and Hunter Biden, citing concerns that presidential family ties may have been used for private financial gain, preferential treatment or access. Utah Senator John Curtis urged Senate Judiciary leaders to consider subpoenas and review possible application of ethics, disclosure and anti-corruption laws. He cited Trump Jr.\'s crypto promotion and advisory role, and raised questions about Hunter Biden\'s overseas business ties.
Crypto
U.S. Senate banking panel releases CLARITY bill amendment ahead of markup
The U.S. Senate Banking Committee has released an amended version of the CLARITY crypto market structure bill reflecting stablecoin reward limits and protections for DeFi developers. The amendment does not include ethics provisions addressing potential conflicts of interest tied to President Donald Trump and his family’s crypto businesses, which Democrats say must be included. The bill must clear committee review and later be reconciled with a similar measure from the Senate Agriculture Committee.
Crypto
CLARITY Act may pick up pace in U.S. Senate as stablecoin reward dispute eases
The U.S. Senate\'s crypto market structure bill known as the CLARITY Act may regain momentum at the Senate Banking Committee stage after some differences over stablecoin rewards eased. Senator Thom Tillis said many concerns raised by the banking industry had been addressed and he would recommend moving ahead with the amendment review process and a markup. The timeline remains tight, with unresolved issues including ethics provisions and possible jurisdictional disputes.