TREE NEWS update: US House Minority Leader Hakeem Jeffries said Democrats will prioritize AI regulation legislation if they win back the House majority. The remarks set out the party’s intended legislative focus on artificial intelligence oversight should control of the chamber change hands.
TREE NEWS update: US House Speaker Mike Johnson said he will meet with AI company executives this weekend or early next week. The speaker did not name the companies or executives involved, nor specify the agenda for the talks. The meetings are set to take place within days.
TREE NEWS update: The US House Financial Services Committee will mark up H.R. 8957, the American Reserve Modernization Act of 2026, on Wednesday, September 16, 2026, beginning at 10:00 ET. Introduced by Rep. Nick Begich with Rep. Jared Golden as the sole Democratic co-sponsor, the bill would create a Strategic Bitcoin Reserve at the Treasury and a separate digital asset reserve for non-bitcoin assets.
TREE NEWS update: The US House Financial Services Committee is set to consider H.R. 8957, the American Reserve Modernization Act of 2026, on Wednesday, September 16, 2026, moving the bill to a committee vote. Introduced by Representative Nick Begich, with Jared Golden as the sole Democratic co-sponsor, the bill would create a Strategic Bitcoin Reserve at the Treasury and a separate digital asset reserve for non-bitcoin assets. Forfeited bitcoin would enter the reserve.
TREE NEWS update: The US House Financial Services Committee will mark up H.R. 8957, the American Reserve Modernization Act of 2026, on Wednesday, September 16, 2026, beginning at 10:00 a.m. ET. Introduced by Representative Nick Begich with Jared Golden as the sole Democratic co-sponsor, the bill would create a Strategic Bitcoin Reserve at the US Treasury plus a separate digital asset reserve for non-Bitcoin assets. Forfeited Bitcoin would enter the reserve, and proceeds from selling non-Bitcoin assets could fund further Bitcoin purchases or debt repayment.
TREE NEWS update: The US House Financial Services Committee will mark up H.R. 8957, the American Reserve Modernization Act of 2026, at 10:00 a.m. ET on Wednesday, September 16, 2026, sending the bill to a committee vote. Introduced by Representative Nick Begich with Jared Golden as the sole Democratic co-sponsor, the bill would create a Strategic Bitcoin Reserve at the Treasury and a separate digital asset reserve for non-Bitcoin assets. Forfeited compliant Bitcoin would enter the reserve, and proceeds from selling non-Bitcoin assets could fund further Bitcoin purchases or debt repayment.
TREE NEWS update: Eighteen state attorneys general have come out against the revised CLARITY Act, saying the crypto bill would weaken state oversight, ahead of a key Senate vote. The opposition follows an ethics concession by President Trump that addressed one hurdle for the legislation. The bill’s path through the Senate remains contested.
TREE NEWS update: Coinbase called on its users to urge their senators to vote in favor of Clarity, the exchange said in a post on X. The appeal asks account holders to contact their senators directly and push for support of the measure. No further details on the bill’s status or timing were given.
TREE NEWS reports: Bernstein analysts said the crypto market has “definitely not priced in” a surprise on the Clarity Act, as ethics and banking concessions have improved the bill’s prospects. Democratic support for the crypto bill remains uncertain, the analysts said.
TREE NEWS reports: US senators are debating whether to compel major artificial intelligence companies to commit to safeguards against catastrophic risks. The talks center on binding commitments from leading AI developers, with the scope and mechanism of any obligation still under discussion. No legislative text or timeline was disclosed.
TREE NEWS update: US House Republican Whip Tom Emmer said he is concerned that amendments to the Blockchain Regulatory Certainty Act would remove a safe harbor from criminal liability, speaking to Kristin Smith at the Solana Institute summit. “I don’t like the fact that you’ve essentially given up the criminal liability safe harbor,” Emmer said, adding he worries local district attorneys would weaponize it more. Emmer, the BRCA’s original sponsor, first introduced the bill in the House in 2018.
TREE NEWS update: US House Republican Whip Tom Emmer said at the Solana Institute summit that he is concerned about amendments to the Blockchain Regulatory Certainty Act, telling Kristin Smith he dislikes that the changes effectively abandon the criminal liability safe harbor. Emmer, the bill’s original sponsor who first introduced it in the House in 2018, said he worries local prosecutors would increasingly weaponize the issue.
TREE NEWS update: US House Republican Whip Tom Emmer said at the Solana Institute summit that he is concerned about changes to the Blockchain Regulatory Certainty Act, warning that dropping a criminal-liability safe harbor would let local prosecutors weaponize the law. Emmer, who first introduced the BRCA in the House in 2018, made the remarks to Kristin Smith.
TREE NEWS update: US House Republican Whip Tom Emmer said at the Solana Institute summit that he is concerned about amendments to the Blockchain Regulatory Certainty Act, telling Kristin Smith he dislikes that the bill effectively drops a safe harbor on criminal liability. Emmer, the BRCA’s original sponsor who first introduced it in the House in 2018, said he worries local district attorneys would increasingly weaponize the change.
TREE NEWS update: The SEC issued an order granting exemptive relief from certain Inline XBRL filing or submission requirements adopted on Dec. 16, 2024. The relief covers specific filing and submission obligations under the Inline XBRL rules. The order does not specify which entities or filings are affected.
TREE NEWS update: US President Donald Trump said the only control needed over artificial intelligence is a strong president, adding that the United States has such a president “far beyond” what is required. His administration has already stopped people in the AI sector, naming Dario, from engaging in bad or potentially bad “behavior,” and will continue to do so, he said. Trump also said the US has vast criminal and regulatory power over these companies and is leading all other countries in AI.
TREE NEWS update: European Central Bank official Pedro Machado said he wants greater transparency in synthetic significant risk transfers (SRTs), the synthetic securitisation products used by banks to shift credit risk off their balance sheets. Machado did not specify what disclosure or structural changes he is seeking. The remarks put a spotlight on a fast-growing corner of bank risk-transfer markets.
TREE NEWS update: The European Union has drafted legislation aimed at protecting children online that would designate social media platforms, online games and chatbot tools as regulated targets. Companies covered by the draft would face penalties of up to 6% of global revenue for violations. The draft has not yet been adopted.
TREE NEWS update: OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei met with U.S. Senator Elizabeth Warren last weekend. The meeting brought the two leading AI executives together with the senator, who has been vocal on technology and financial oversight issues. No details of the discussion were disclosed.
TREE NEWS update: Republicans have put forward a “last, best and final offer” on the Clarity Act that wins President Trump’s backing for stronger ethics rules while conceding on DeFi and stablecoin sticking points. It remains unclear whether enough Democrats will cross over when the bill comes up Tuesday. The crypto industry believes the revised package can pass.
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