Senate Democrats pressed Special Envoy Steve Witkoff to explain potential ethics violations stemming from his reported retention of cryptocurrency assets linked to a Trump family venture.

The Managed Funds Association supported a recent FinCEN proposal to delay implementation of AML/CFT and Suspicious Activity Reporting requirements for investment advisers and exempt reporting advisers.

The Crypto Council for Innovation, a non-profit advocating for inclusive regulation, urged the Consumer Financial Protection Bureau to adopt a "consumer-centric, innovation-friendly framework" for financial data access.

Governor Christopher J. Waller asked the Federal Reserve to explore a new type of account to give payments-focused firms direct access to Fed payment services without the full privileges of traditional master accounts.

Senate Banking Committee Ranking Member Elizabeth Warren urged Treasury Secretary Scott Bessent to strengthen safeguards as the Department implements the Guiding and Establishing National Innovation for U.S. Stablecoins Act.