Search results for Senate Judiciary Committee
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
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.
Telecommunications & Media
US lawmakers press Netflix on overseas production; Sarandos says Korea is separate
U.S. lawmakers pressed Netflix over rising overseas production at a Senate antitrust hearing. Co-CEO Ted Sarandos said Korean-language productions made with Korean actors and crews are produced locally for the South Korean market and should be treated separately, adding most other content investment is in the United States. Senators raised concerns that Netflix\'s planned $82.7 billion acquisition of Warner would boost market power, while Netflix cited its share of total TV viewing time.
