Tag: congressional
House lawmakers at each other’s throats with censure efforts in first week back post-shutdown
Over the past three days, lawmakers have voted on or floated five measures to censure or denounce members over bad behavior and now Rep. Greg Steube (R-Fla.) is seeking to expel indicted Rep. Sheila Cherfilus-McCormick (D-Fla.).
Democrats Get Good News in Two Texas House Districts Donald Trump Won
Democrats Get Good News in Two Texas House Districts Donald Trump Won
What to know about the F-35 fighter jet that Trump is selling to Saudi Arabia
President Donald Trump says he has agreed to sell the nation’s most advanced fighter jet to Saudi Arabia despite concerns that China could gain access to the plane’s vaunted American technology.
Peter Laffin suggests voters will forget about shutdown by midterm elections
Washington Examiner In Focus editor Peter Laffin predicted that the recent government shutdown would have no effect on either party during next year’s midterm elections. For over 40 days, the government was without funding, forcing federal employees to miss two paychecks. The shutdown was the result of a holdout from Democratic senators who could not [.].
Seattle Socialist Wins Mayor Race After Late Ballot Dumps and Eight Days of Counting [WATCH]
Seattle Socialist Wins Mayor Race After Late Ballot Dumps and Eight Days of Counting [WATCH]
Paradigm Warns Treasury On GENIUS Act Stablecoin Rules
The post Paradigm Warns Treasury On GENIUS Act Stablecocom. Paradigm filed comments warning the U. S. Treasury not to reinterpret the GENIUS Act beyond what Congress passed. The firm says affiliates of stablecoin issuers are allowed to pay yield and Treasury cannot close that channel in rulemaking. Paradigm also asked Treasury to recognize payment stablecoins as secure cash equivalents because of 1: 1 backing. Leading blockchain investment firm, Paradigm submitted a detailed response to the U. S. Treasury’s advance notice on the GENIUS Act and asked regulators to apply the statute exactly as Congress wrote it. Justin Slaughter, Paradigm’s head of regulatory affairs, said the Treasury’s Advance Notice of Proposed Rulemaking, ANPRM, is only the opening move in implementation and warned that later stages often drift away from the law’s text. The firm wants the Treasury to follow congressional intent, not create new limits through guidance. To start with a bit of context, today’s comment is a response to an ADVANCE notice of proposed rulemaking (ANPRM). So this is not even a proposed rule, but the proposal for a proposal. ⁰⁰In other words, we’re at the start of a very long road. Justin Slaughter (@JBSDC) November 6, 2025 Core Dispute: Can Affiliates Pay Yield? At the center of the debate lies a key question whether affiliates of stablecoin issuers can offer interest or yield to holders. Congress has already addressed this issue, allowing affiliates to provide such returns while prohibiting issuers from doing so directly. Paradigm argues that the Treasury has no authority to override this decision or reinterpret the statute. However, the firm also acknowledges that legal clarity alone may not prevent regulatory overreach. History shows that many bipartisan laws undergo significant transformation during implementation, often straying from their original intent. Paradigm emphasizes that this time, such changes would undermine both market fairness and consumer protection. One fight is going.
Federal workers’ union calls for unity amid the government shutdown
The nation’s largest union representing federal workers calls for solidarity among its members as the government shutdown surpasses a month.
Attack on SNAP benefits weaponizes hunger | Opinion
Attack on SNAP benefits weaponizes hunger | Opinion
More than 4 million California voters have sent in their Prop. 50 ballots so far
Voters are returning their ballots more quickly than past elections, according to one political analyst.
The New York Times
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Tennessee Dem Candidate Apparently Supports People Burning Down Police Stations [WATCH]
Tennessee Dem Candidate Apparently Supports People Burning Down Police Stations [WATCH]