Pat Toomey

Meme stocks like GameStop Corporation (NYSE:GME) and AMC Entertainment Holdings (NYSE:AMC) are trading higher on the week echoing a similar event that happened in 2021. While several members in Congress actively buy and sell stocks, most stayed away from meme stocks in recent years, although one...

The U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) on Wednesday introduced the Federal Reserve Accountability Act that intends to increase accountability, address left-leaning political activism, and ensure greater geographic and professional diversity within the Federal Reserve...

Sen. Pat Toomey (R-Pa.), has introduced a bill that outlines a federal framework for regulating stablecoins — just two weeks before he is set to retire. What Happened: Aiming to "guide Congress" toward future crypto regulation, Toomey said his bill would create a new federal...

Last week, U.S. Senate Majority Leader Chuck Schumer met with Senate Banking Chairman Sherrod Brown (D-Ohio), Sens. Steve Daines (R-Montana) and Jeff Merkley (D-Oregon), among other legislators, to talk about the SAFE Banking Act. Lawmakers said they were making an effort to find common...

The U.S. Securities and Exchange Commission (SEC) is challenging carbon credits. That’s according to Kevin O’Leary, who chatted with Benzinga while filming Shark Tank. The renowned investor explains that an SEC-mandated “audit of carbon credits” made publicly-listed...

A bill has been introduced to the U.S. Senate that would make small cryptocurrency transactions exempt from capital gains taxes. What Happened: The Virtual Currency Fairness Act, introduced by Sens. Pat Toomey (R-PA) and Kyrsten Sinema (D-AZ) would establish a de minimis (of little...

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading lower Thursday morning as crypto regulation uncertainty persists and the Ethereum network prepares for its transition to "Ethereum 2.0." Following the introduction of a bipartisan infrastructure bill that would...