House Financial Services Committee Chair Patrick McHenry (R-NC) and House Agriculture Committee Chair Glenn Thompson (R-PA) proposed legislation that would establish a digital asset framework and provide for related joint rulemaking from the CFTC and the SEC.
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At a House Financial Services Subcommittee on Capital Markets hearing, witnesses raised concerns about access to capital and barriers to going public.
In a letter to SEC Chair Gary Gensler, 51 Democratic lawmakers urged the SEC to finalize its proposed climate-risk disclosure rule and cautioned against "softening" and "scaling back" the proposed disclosure requirements.
In a letter to SEC Chair Gary Gensler, Republican leaders from the House Financial Services Committee and Senate Banking Committee criticized the SEC for pursuing a climate agenda "outside the scope of its mission" and requested information on the proposed climate disclosure rule.
The Senate Banking Committee considered testimony on regulatory responses in the wake of the FTX bankruptcy.