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US Treasury Secretary Presses Senate To Pass Crypto Market Structure Legislation
US Treasury Secretary Presses Senate To Pass Crypto Market Structure Legislation
Authored by Micah Zimmerman via BitcoinMagazine.com,
Treasury Secretary Scott Bessent told a Senate panel Wednesday that passing comprehensive crypto legislation is essential to securing U.S. financial leadership and protecting the dollar’s status as the world’s reserve currency, using an appearance before the Senate Appropriations Subcommittee on Financial Services and General Government to amplify a push for legislation that has stalled on Capitol Hill for months.
Bessent testified at a hearing reviewing President Donald Trump’s Fiscal Year 2027 budget request for the Department of the Treasury. During the...
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Mar 24, 2026 / Tyler Durden
"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court
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By Ethan Howland of UtilityDive
The U.S. Department of Energy’s secretary has broad authority under the Federal Power Act to declare emergencies to keep power plants from retiring, and those emergencies don’t have to be imminent, DOE told a federal appeals court last week in response to challenges over its orders keeping a Michigan coal plant online.
“The statute’s text grants the Secretary discretion to determine that an emergency exists,” DOE said in a March 17 brief...
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Jan 23, 2023 / Brian Bushard
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State Wars Bleed a Nation to Death
President Trump’s current war with Iran not only is creating economic havoc around the world, but it is also bleeding US taxpayers. There are no good outcomes here.
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