Kevin Warsh was confirmed as Federal Reserve chairman in a 54-45 Senate vote, with only one Democrat in favor. Lawmakers clashed over inflation control and central bank independence. Supporters praised his disciplined monetary policy, while critics warned of political pressure.
Eight bipartisan U.S. lawmakers have asked SEC Chair Gary Gensler to explain how the agency gathers information from crypto firms, arguing the process may be overly burdensome and potentially inconsistent with the Paperwork Reduction Act.
Eight bipartisan U.S. lawmakers sent a letter to SEC Chairman Gary Gensler, criticizing the agency's burdensome and non-voluntary information requests to crypto firms, which they say violate the Paperwork Reduction Act and stifle innovation. They demand answers to 13 questions by April 29.
Eight bipartisan U.S. lawmakers have asked SEC Chair Gary Gensler to explain how the agency gathers information from crypto firms, arguing the requests may be overly burdensome, insufficiently voluntary, and harmful to innovation.
A bipartisan group of eight U.S. lawmakers has asked SEC Chair Gary Gensler to explain the agency’s information-gathering practices toward crypto firms, arguing the requests may be overly burdensome and potentially inconsistent with the Paperwork Reduction Act.
Tennessee Governor Bill Lee signed HB 2505, banning all crypto ATMs statewide effective July 1, 2026. The bill passed unanimously, driven by $142 million in crypto scam losses in 2025. Operators and retailers must remove machines before the deadline or face Class A misdemeanor charges.
Tennessee Governor Bill Lee signed HB 2505 on April 23, 2026, banning all cryptocurrency ATMs in the state, effective July 1. The bill passed unanimously in both chambers amid $142 million in crypto scam losses reported by the FBI in 2025.
Tennessee Governor Bill Lee signed HB 2505 into law, making the state the second in the U.S. to ban cryptocurrency ATMs. Citing $142 million in scam losses in 2025, the bill passed both chambers unanimously, requiring all virtual currency kiosks to be removed by July 1, 2026.
