Senate Democrats Say a New Crypto Bill Raises the Risk of 'Financial Meltdown'

Senate Democrats say a new crypto bill raises the risk of 'financial meltdown'

Sen. Elizabeth Warren (D-MA) questions former executives of failed banks during a Senate Banking Committee hearing on Capitol Hill May 16, 2023 in Washington, DC. The hearing was held to examine the recent failures of Silicon Valley Bank and Signature Bank.Drew Angerer/Getty ImagesRepublicans are trying to notch another legislative win for the crypto market.Democratic senators say the latest bill would pose a risk to financial stability and reti…

Senate Dems Raise Alarms Over 'Meltdown' Risk Posed by New Crypto Bill - GAGA INDIA

Menu Account Indian Stocks Portfolio (PMS) Unlisted Shares Mutual Fund USA Stocks ₿ Crypto Other Invest Bond Invest Fixed Deposit Real Estate Other Trading Forex Trading Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Republicans in Congress are trying to extend a winning streak of crypto legislation that kicked off last month, but Democrats are ringing more alarm bells over the latest proposed bill. In…

Republicans Push New Crypto Bill as Democrats Show Concern

Republicans in Congress are seeking to extend a recent winning streak on cryptocurrency legislation, but Democrats are raising sharp concerns over their latest proposal — the Responsible Financial Innovation Act of 2025 (RFIA). Originally introduced in 2023 by Senators Cynthia Lummis and Kirsten Gillibrand, the bill was reintroduced in July as a draft discussion by … The post Republicans Push New Crypto Bill as Democrats Warn of Financial Risks …

Democrat Senate Slams RFIA Bill For Endorsing Trump’s Crypto Corruption – MAXBIT

In a recent analysis of the Responsible Financial Innovation Act (RFIA), the Democratic staff of the Senate Banking Committee criticized the crypto market regulation bill over several key components. The Committee’s Democrat wing, led by Senator Elizabeth Warren, argues that the bill would endanger Americans’ retirement savings and increase the risks of an economic meltdown....