All news on the topic: Senate

Congressional Democrats are using the sudden surge in crypto wealth accumulated by U.S. President Donald Trump as a rallying cry to defeat legislation that would create a new regulatory landscape for the digital currency industry.

The Senate accepted Alejandro Gertz Manero’s early resignation despite opposition claims that a diplomatic posting doesn’t meet the legal threshold, as his exit follows a controversial ambassadorship offer and leaves several high-profile investigations unresolved.

Legislation would next go to Trump, who indicated he would sign the bill after he and his allies backed down from opposition.