Michael Faulkender is stepping down as US Treasury Department's deputy secretary after less than five months in the role.

Michael Faulkender oversees the department’s operations and has a broad policy portfolio that spans tax, international ...

The No. 2 Treasury official isn’t widely known outside the administration but plays an important role in the department’s ...

Senator Cynthia Lummis spoke at the Wyoming Blockchain Symposium on Wednesday, addressing Congress's timeline for passing ...

In July 2025, U.S. “Crypto Week” marked major steps toward clearer regulation, including laws for stablecoins, digital ...

Senate Banking Committee Chair Sen. Tim Scott (R-S.C.) said Tuesday that Sen. Elizabeth Warren (D-Mass.) is “standing in the ...

Industry groups said repealing key provisions of the GENIUS Act would stifle competition and deny consumers meaningful choice.

The CLARITY bill aims to establish a clear regulatory framework for digital assets. The bill seeks to resolve regulatory uncertainty by clearly outlining the jurisdiction of government agencies over ...

The Senate only has a discussion draft out on market structure legislation so far, but Scott previously said he expects the ...

South Carolina Senator Tim Scott spoke at the Wyoming Blockchain Symposium on Tuesday to address a potential path forward on ...

Elizabeth Warren’s protests against the bill could lead to fewer Democrats supporting it than the GENIUS Act, Senate Banking ...

The new stablecoin law called for the Treasury engagement on detecting illicit crypto activity, so the department is opening ...