Rallying The Crypto Troops For The Election; More House Financial Services Hearings

rallying the troops

CoinDesk’s Jesse Hamilton covered the appearance of Senator Cynthia Lummis (R, WY) at yesterday’s Bitcoin Policy Institute conference in Washington, D.C.

According to Hamilton, Lummis “said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee (Chair Sherrod Brown (D, OH)) is likely to dig into cryptocurrency issues, and she encouraged industry insiders to make sure it does.” Read more.

Sen. Lummis is a member of the Senate Banking Committee and has openly supported Brown’s opponent for his U.S. Senate seat in November, Bernie Moreno.

more tips:

    • From Bitcoin Policy Institute conference: Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year – CoinDesk

new hearings

House Financial Services Chair Patrick McHenry (R, NC) announced two new hearings for next week – both with potential implications for digital assets.

On the morning of Tuesday, April 16, HFS’ National Security, Illicit Finance, and International Financial Institutions Subcommittee led by Chair Blaine Luetkemeyer (R, MO) will hold a hearing titled, “Held for Ransom: How Ransomware Endangers Our Financial System”.  See hearing page.

Also next Tuesday afternoon, HFS’  Financial Institutions and Monetary Policy Subcommittee led by Chair Andy Barr (R, KY) will hold a hearing titled, “Agency Audit: Reviewing CFPB Financial Reporting & Transparency.” See hearing page.


In Washington D.C. today, the Security Traders Association will hold its “DC Update” event.  The agenda includes appearances by FINRA and the Securities and Exchange Commission (SEC) as well as “fireside chats” with House Financial Services (HFS) Committee members Rep. Wiley Nickel (D, NC), Rep. Dan Meuser and Rep. Bill Huizenga (R, MI), who is also chair of the HFS Oversight and Investigations Subcommittee. Huizenga is thought to be considering a run for head of the HFS Republican caucus in the 119th Congress with the retirement of HFS Chair Patrick McHenry at the end of this Congress.

See agenda.

still more tips

Idaho ISIS suspect’s arrest highlights how ‘crypto is increasingly popular’ with extremist groups, expert say – Fox Business

Coinbase class action lawsuit gets partial revival (Apr. 8) – Blockworks

Paradigm leads $225 million round for Monad Labs, which is building a layer 1 blockchain to take on Ethereum and Solana – Fortune

Estée Lauder NIV, a16z crypto back $7 million funding round for blockchain-based beauty brand KIKI World – The Block