News & Analysis as of

Senate Banking Committee

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - June 11, 2026

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Crypto Coalition Sends Letter to Senate Urging That the Clarity Act Be Scheduled for Senate Vote - On June 7, a coalition of crypto firms and industry groups sent a letter addressed to the Senate Majority Leader John...more

BakerHostetler

[Podcast] The Cloakroom with Peter Roskam: 37th Annual Legislative Seminar – Senator Kevin Cramer, R-ND

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Former Congressman Peter Roskam, who leads BakerHostetler’s Federal Policy team, provides listeners with a front-row seat to the most important policy and political debates in Congress. In this episode of “The Cloakroom with...more

Paul Hastings LLP

Federal Banking Agencies Strip Reputation Risk From Guidance, CFTC Vacates Prior Digital Asset Consent Order and Moves Forward on...

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The Federal Reserve, FDIC and OCC jointly reissued interagency guidance documents to further remove references to reputation risk, part of a broader supervisory effort to address debanking that has featured prominently in the...more

Morrison & Foerster LLP

MoFo's Financial Markets & Innovation - May 22,2026

In a markup on May 14, 2026, the Senate Banking Committee advanced the Digital Asset Market Clarity Act (“CLARITY Act”) by a vote of 15-9 with two Democrats in support. Senators Ruben Gallego (D-Ariz.) and Angela Alsobrooks...more

Cooley LLP

Senator Warren Challenges OCC Over Crypto Trust Charters

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This week, Sen. Elizabeth Warren, ranking member of the Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the Office of the Comptroller of the Currency (OCC) challenging the agency’s granting of...more

Davis Wright Tremaine LLP

Senate Banking Committee Advances Crypto Market Structure Bill

On May 14, 2026, the Senate Banking Committee advanced the Digital Asset Market Clarity Act. This bill is styled as substitute text and sets forth a broad market structure framework addressing illicit finance, DeFi,...more

Paul Hastings LLP

Senate Banking Advances Market Structure, Senate Confirms Warsh as Fed Chair, NCUA Proposes Stablecoin Issuer Standards,...

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The Digital Asset Market Clarity Act of 2025 advanced out of the Senate Banking Committee by a bipartisan vote of 15-9. The legislation will need to be combined and reconciled with the Senate Agriculture Committee’s portion...more

Troutman Pepper Locke

Senate Banking Committee Advances CLARITY Act in Bipartisan Vote

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The Senate Banking, Housing, and Urban Affairs Committee held a hearing and voted 15–9 to advance H.R. 3633, the Digital Asset Market Clarity Act of 2025 (the CLARITY Act), sending the first comprehensive Senate crypto market...more

Orrick, Herrington & Sutcliffe LLP

U.S. Senate confirms Kevin Warsh to serve as Fed chair

On May 13, the U.S. Senate confirmed Kevin Warsh to a four-year term as Fed chair by a vote of 54-45. As previously covered by InfoBytes, Warsh was nominated to the role by President Trump in January and is set to assume the...more

Sheppard, Mullin, Richter & Hampton LLP

Stablecoin Yield Saga: Senate Compromise Signals Path Forward for CLARITY Act

On May 1, Senators Angela Alsobrooks and Thom Tillis finalized compromise language addressing Stablecoin yield and rewards in the Senate’s ongoing CLARITY Act negotiations. The compromise is intended to resolve one of the key...more

Morrison & Foerster LLP

MoFo's Financial Markets & Innovation - May 15, 2026

FRB Governor Lisa Cook Talks Tokenization Benefits and Concerns - At a digital assets conference in Senegal in West Africa, Federal Reserve Governor Lisa Cook spoke about the effects of tokenization and financial...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - May 14, 2026

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Senate Banking Committee Approves CLARITY Act in Bipartisan 15–9 Vote; Debate Continues Over Illicit Finance and Ethics Provisions - On May 14, the Senate Banking Committee voted 15–9 to advance H.R. 3633, the Digital...more

Paul Hastings LLP

Senate Banking to Vote on Market Structure Bill, Federal Court Issues Holding in Event Contracts Case, Fed Governor Addresses...

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Sens. Thom Tillis (R-NC) and Angela Alsobrooks (D-MD) reportedly reached a compromise aimed at resolving a standoff between the crypto industry and banking groups over whether digital asset exchanges should be permitted to...more

Paul Hastings LLP

Federal Regulators Speak at Bitcoin 2026, Fed Chair Nomination Progresses, CLARITY Act Negotiations Continue and CFTC Sues...

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Officials convened at the Bitcoin 2026 Conference in Las Vegas last week to outline the current administration’s approach to digital asset policy. SEC Chairman Paul Atkins and CFTC Chairman Michael Selig delivered...more

Paul Hastings LLP

SEC Issues Broker-Dealer Guidance for Crypto User Interfaces, Tokenization Initiatives Advance, CFTC Chairman Testifies and 9th...

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The SEC’s Division of Trading and Markets issued a staff statement articulating the conditions under which providers of certain crypto asset securities user interfaces may operate without registering as broker-dealers under...more

Ballard Spahr LLP

Bipartisan Group Of Senators Re-Introduces Banker ‘Clawback’ Legislation

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A bipartisan group of senators, led by Senate Banking, Housing and Urban Affairs ranking Democrat Sen. Elizabeth Warren of Massachusetts, has introduced legislation that would require the FDIC to claw back compensation from...more

Orrick, Herrington & Sutcliffe LLP

Prudential regulators outline oversight reforms in Senate banking committee hearing

On February 26, Fed Vice Chair for Supervision Michelle Bowman, FDIC Chair Travis Hill, Comptroller of the Currency Jonathan Gould, and NCUA Chair Kyle Hauptman testified before the Senate Committee on Banking, Housing, and...more

Orrick, Herrington & Sutcliffe LLP

Democratic senators press fed vice chair for supervision on recent oversight actions

On February 18, two groups of senators, both led by Sen. Elizabeth Warren (D-MA), issued letters to the Fed’s vice chair for supervision requesting information on recent reported actions that the senators contend may weaken...more

Nelson Mullins Riley & Scarborough LLP

Affordable Housing Reform in Congress: An Update on ROAD and 21st Century Bills

Last year, the Senate Banking Committee passed the Road to Housing Act 24-0 and tried to attach it to the must-pass National Defense Authorization Act. The ROAD amendment did not survive the House–Senate NDAA negotiations,...more

Troutman Pepper Locke

Soaring Repos and Senate Requests: Warren Targets Auto Finance — Moving the Metal: The Auto Finance Podcast

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In this episode of Moving the Metal: The Auto Finance Podcast, hosts Brooke Conkle and Chris Capurso unpack Senator Elizabeth Warren's February 5 data request to major auto finance companies, buy-here-pay-here dealers, and...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink Newsletter - December 2025 Updates

Entering the new year, digital assets legislation remains one of the few policy areas with robust bipartisan interest on Capitol Hill. All eyes remain on the two Senate committees of jurisdiction the Senate Banking Committee...more

Orrick, Herrington & Sutcliffe LLP

Sen. Warren pens letter to CFPB’s Vought on new credit card policies

On January 23, Sen. Elizabeth Warren (D-MA), the ranking Democratic member on the U.S. Senate Committee on Banking, Housing and Urban Affairs, delivered a letter to the acting director of the CFPB, Russell Vought, criticizing...more

Sheppard, Mullin, Richter & Hampton LLP

CLARITY Act Proposed Ban on Stablecoin Yield Sparks Congressional Debate

Recent congressional debate over the proposed CLARITY Act has highlighted a pivotal issue in stablecoin regulation: whether stablecoin issuers, or the exchanges and other third parties that distribute their tokens, should be...more

Paul Hastings LLP

Senate Agriculture Releases Market Structure Bill as Treasury and CFTC Outline Digital Asset Initiatives

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Senate Agriculture Committee Republicans released updated digital asset market structure legislation clarifying the CFTC’s regulatory authority, while signaling that a bipartisan agreement has not been reached. A list of...more

Paul Hastings LLP

Market Structure Negotiations Continue as Senate Delays Markup, OCC Issues Notice of Proposed Rulemaking and NYSE Announces...

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The Senate Banking Committee delayed its scheduled markup of the digital asset market structure legislation as bipartisan negotiations continue. A key point of contention is a provision prohibiting digital asset service...more

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