ChainCatcher news, U.S. Senator Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets, praised Senate Majority Leader Thune for accelerating the vote on the Guidance and Establishment of the U.S. Stablecoin National Innovation (GENIUS) Act, which establishes a clear regulatory framework for payment stablecoins.

ChainCatcher news, according to official documents, U.S. Senator Bernie Moreno introduced the "2025 American Blockchain Deployment Act" (S.1492) on April 10, aimed at requiring the Secretary of Commerce to support the United States' global leadership in the deployment, application, and competitiveness of blockchain technology. The bill has been submitted to the Senate Committee on Commerce, Science, and Transportation for review.

ChainCatcher news, according to Cointelegraph, U.S. Democratic Senator Jon Ossoff publicly supported the impeachment of President Trump during a town hall meeting in Georgia, directly targeting his plan to host a private dinner for TRUMP token holders.Ossoff stated, "The current president is effectively selling political access through tokens, which constitutes an impeachable offense," but acknowledged that impeachment would be difficult to advance with the Republican-controlled Congress.

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis tweeted that the Federal Reserve's withdrawal of cryptocurrency guidance is just talk and not real progress.The Federal Reserve has stifled companies in the industry and harmed U.S. interests by stifling innovation and shutting down businesses. This struggle is far from over. Cynthia Lummis pointed out that the Federal Reserve's policy statement regarding Bitcoin and digital assets being considered "unsafe and unsound" has not been retracted.She also reiterated that many of the staff behind "Operation Chokepoint 2.0" are still involved in cryptocurrency policy today.

ChainCatcher news, according to DL News, regarding the dinner hosted by Trump for TRUMP holders, U.S. Senator Jon Ossoff believes that lawmakers should impeach Trump. He emphasized, "When the sitting president of the United States sells access, and in fact this money is paid directly to him, there is no doubt that this has risen to the level of impeachable conduct."

ChainCatcher news, according to a social media message from Cynthia Lummis, chair of the U.S. Senate Banking Committee's Digital Assets Subcommittee, she stated that she will continue to hold the Federal Reserve accountable until the digital asset industry receives fair treatment.

ChainCatcher message, the meme coin TRUMP announces that Trump will have dinner with the first 220 holders of the token. U.S. Senator Chris Murphy from Connecticut stated, "This not only reflects Trump's nature, but the TRUMP coin scam may be the most blatant act of corruption by a president in history."

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis recently stated, "What follows is the concept of Bitcoin as a strategic reserve. If you buy or convert liquid assets into Bitcoin and hold it for 20 years, we have a very good model that shows this can reduce debt by half."

ChainCatcher news, according to CoinDesk, U.S. Senator Lummis stated that if the government purchases Bitcoin using gold certificates valued at their 1974 prices, it could halve the national debt within 20 years. She emphasized that this move would not require the use of additional taxpayer funds to acquire BTC.

ChainCatcher news, according to Cointelegraph, U.S. Senator Elizabeth Warren stated: "If Federal Reserve Chairman Powell is fired by the U.S. President, the American market will collapse."

ChainCatcher News, U.S. Senate Banking Committee Chairman Tim Scott recently stated that the cryptocurrency market structure bill is expected to be passed by August 2025. He noted that the committee has advanced key cryptocurrency regulatory issues, such as the "GENIUS Act," this March, reflecting the priority given to cryptocurrency policy. Scott emphasized that "innovation must come before regulation" to ensure the United States maintains its global economic leadership in the digital asset space. This timeline is also consistent with the expectations of Blockchain Association CEO Kristin Smith. Several Democratic lawmakers have also expressed support for market structure and stablecoin legislation, pointing out that there is broad bipartisan consensus in Congress on this issue.

According to ChainCatcher news reported by Decrypt, U.S. Senator Ted Cruz from Texas officially introduced the "Facilitate Lower Atmospheric Released Emissions" (FLARE) Act on March 31, aimed at converting wasted natural gas that would otherwise be flared or vented into electricity for Bitcoin mining.The bill will provide full tax deductions for companies that capture wasted natural gas, while restricting participation from countries such as China, Iran, North Korea, and Russia in related activities. Cruz stated that this initiative would not only improve energy market efficiency and enhance grid resilience but also help Texas become the "preferred location for Bitcoin mining."Experts in the energy sector believe that Bitcoin miners can reduce greenhouse gas emissions in this way while converting wasted energy into valuable digital assets, achieving a win-win for both the economy and the environment.

ChainCatcher news, according to Cointelegraph, U.S. Senator Tommy Tuberville from Alabama plans to push the Financial Freedom Act for the third time, allowing Americans to include cryptocurrency in their retirement savings plans. He stated that he will resubmit the bill on April 1 to help Trump shape the image of a "crypto-friendly president."The bill aims to limit the Department of Labor's regulation of 401(k) investment options, first proposed in 2022, and was co-sponsored by Wyoming Senator Cynthia Lummis in 2023. This move comes as the Republican-led Congress pushes for legislation on cryptocurrency market structure and stablecoin regulation, with supporters hoping to submit it for presidential approval before the August recess.

ChainCatcher news, according to Bitcoin Magazine, U.S. Senator Tommy Tuberville will introduce a bill that aims to allow Americans to invest their retirement funds in Bitcoin and cryptocurrencies.

ChainCatcher news, according to a post by former Forbes business reporter Eleanor Terrett, the nominee for chairman of the Commodity Futures Trading Commission (CFTC), Brian Quintenz, has begun meeting with senators on Capitol Hill in preparation for his confirmation hearing.Quintenz met today with Republican Senator Chuck Grassley from Iowa to discuss CFTC-related matters, including the cryptocurrency spot market.It is reported that Grassley is a member of the Senate Agriculture Committee, which oversees the CFTC and will play an important role in whether the CFTC expands its regulatory authority over the cryptocurrency spot market.

ChainCatcher news, according to Solid Intel, U.S. Senator David McCormick (member of the Digital Assets Subcommittee) has disclosed the purchase of up to $600,000 in Bitcoin.

ChainCatcher news, according to Cointelegraph, five Democratic senators have written to the Federal Reserve and OCC, questioning the "unprecedented risks" posed by the USD1 stablecoin launched by World Liberty Financial (WLFI), which is backed by the Trump family. The letter pointed out that Trump weakened regulatory independence through a February executive order and holds a 60% stake in WLFI, constituting a significant conflict of interest.Since its establishment in September 2024, WLFI has raised $550 million through two token sales and launched USD1 on March 24 on the BNB Chain and Ethereum. This move coincides with Congress reviewing the GENIUS Act, which could grant regulatory authority to the OCC and the Federal Reserve, raising concerns about the stability of the financial system.

ChainCatcher news, according to ZeroHedge, U.S. Senator Ted Cruz has proposed a bill to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC).The Texas Republican senator's bill can be seen as a companion bill to the anti-CBDC legislation introduced by Minnesota Republican Representative Tom Emmer. Emmer's bill was reintroduced on March 6. A companion bill is legislation that is textually similar or identical to another bill and is introduced in another chamber of Congress.