#DMASS News
GOP and White House talks continue as debt ceiling deadline approaches
nbcnews.com Fitch Ratings, a top credit rating agency, put the United States’ AAA long term foreign currency issuer default rating on negative watch on Wednesday evening. "The Rating…
House Stablecoin Hearing 2.0: Lawmakers Squabble Over Competing Bills
blockworks.co The House Financial Services Committee’s digital assets subcommittee gathered again Thursday to talk stablecoin policy. This time around, lawmakers had two competing bills…
Sen. Elizabeth Warren presses regulators for answers on First Republic takeover
cnbc.com Sen. Elizabeth Warren, D-Mass., greets Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation, during the Senate Banking, Housing, and Urban Affairs…
Blockchain Advocacy Group Calls on Congress to Get it Together
blockworks.co The Chamber of Digital Commerce has issued a Congressional call to action to prioritize moving a legal framework for crypto forward. The advocacy group is requesting…
The IRS is building its own online tax filing system. Tax-prep companies aren't happy
npr.org The IRS is building its own online tax filing system. Tax-prep companies aren't happy The IRS is developing a system that would let taxpayers send electronic returns…
Senators Skewer Failed Bank Execs for 'Stupid Bets,' Selfish Management
pymnts.com The failures of Silicon Valley Bank (SVB) and Signature Bank were unlike any in history. U.S. lawmakers are hoping to get to the bottom of just why they were, and how the…
Horizon Therapeutics stock plunges on report FTC is preparing to block Amgen deal
cnbc.com Horizon Therapeutics ' stock price plunged more than 17% in premarket trading Tuesday after a report that the Federal Trade Commission is preparing to file a lawsuit to…
House Hearings Reveal Deepening Party Divide
blockworks.co House representatives gathered last week to discuss regulatory gaps in crypto and discuss which regulatory agency should be taking the lead. The hearing revealed what areas…