US Congress

As blockchain technology moves further into mainstream finance, Anthony Moro, CEO of Provenance Blockchain Labs, calls for regulatory clarity to position the U.S. as a leader in the digital asset arena. Moro, who will speak at the upcoming Benzinga Future of Digital Assets event, discussed the...

A coalition of anti-drug, law enforcement and health groups is urging Congress to ban hemp-derived cannabinoids like delta-8 THC. As reported by Marijuana Moment, a group led by the Community Anti-Drug Coalitions of America (CADCA) drafted a letter to lawmakers advocating for an amendment to the...

Two U.S. Congress members, Rep. Dan Goldman (D-N.Y.) and Sen. Cory Booker (D-N.J.), were in Israel during an unexpected attack by Hamas. Both have safely left the country, according to their respective offices. Politico reported that Goldman and Booker were present in Israel over the weekend,...

The Inflation Reduction Act that recently received Senate approval recommends an $80 billion provision for the Internal Revenue Service to strengthen enforcement and hiring. Rumors of the federal agency adding 87,000 new employees by 2031 have been doing the rounds, and reports suggest $46 billion...

South Korean President Yoon Suk Yeol was caught cursing the U.S. lawmakers on a hot mic shortly after meeting U.S. President Joe Biden.  What Happened: Yoon, who is in New York for the United Nations General Assembly, met President Biden at the Global Fund’s Seventh Replenishment...

A member of the U.S. Congress who has been bullish and outspoken on cryptocurrencies like Bitcoin (CRYPTO: BTC) is attracting large donations from cryptocurrency companies. What Happened: Executives of cryptocurrency companies and venture capitalists in the space beefed up donations to Cynthia...

Andrew Yang, a former U.S. presidential candidate, is among the rapidly-growing number of cryptocurrency lobbyists aiming to influence Congress into favorable regulation for cryptocurrency. The Growing Crypto Lobby: A Tuesday report from Public Citizen finds that the number of cryptocurrency...

Rep. Alexandria Ocasio-Cortez (Dem-N.Y.) said she does not hold any digital assets and currencies such as Bitcoin (CRYPTO: BTC). What Happened: The Congresswoman made the revelation in an ask me anything session over Instagram while she was “stuck at the airport.” Ocasio-Cortez said she...

Twitter Inc (NYSE: TWTR) CEO Jack Dorsey faced flak from a Congress member for tweeting during a hearing Thursday, Reuters reported.  What Happened: The hearing involved Dorsey along with CEOs of Facebook Inc (NASDAQ: FB) and Google’s parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)....

Shares of Workhorse were hit hard this week after it was announced the company failed to win a large contract with the U.S. Postal Service. More news from Washington, D.C. on Thursday sent the stock rallying into the close. What Happened: The United States Postal Service announced a contract...

Renewable natural gas company Clean Energy Fuels Corp (NASDAQ: CLNE) has been making headlines in December with new deals with leading energy companies. The company could also benefit from a Biden administration that's putting a huge emphasis on clean energy. What Happened: On Monday,...

The U.S. Congress members reached a bipartisan agreement on the $900 billion COVID-19 relief package on Sunday, which included much-needed relief aid for the airlines, after elongated negotiations. What Happened: The latest tranche of the relief package includes $15 billion in aid...

Democratic Senate Leader Charles Schumer, along with Sens. Sharrod Brown and Robert Menendez, urged the White House to proceed with imposing sanctions against Russian government agencies and officials, and even President Vladimir Putin himself, based on recent U.S. intelligence reports that Russia...

President Donald Trump plans to present a $4.8 trillion budget on Monday, which will propose cuts in safety-net programs like Medicare and Medicaid. What Happened Trump’s budget will also propose a 21% cut in foreign aid for fiscal 2021. Reuter’s reports that Trump had tried to cut the...

Head of the Chinese viral video app TikTok Alex Zhu has canceled meetings with U.S. lawmakers scheduled this week in Washington, D.C., according to CNBC. What Happened A TikTok spokesperson told on Monday that the company had canceled their scheduled meetings with the U.S. lawmakers this...