Congress

Sen. Richard Blumenthal, the top Democrat on the Senate Permanent Subcommittee on Investigations, said he has pressed Binance for records over concerns the cryptocurrency exchange may have given Congress misleading information about reported money laundering and terrorist financing tied to Iran. 

A bipartisan pair of U.S. senators is set to introduce legislation that would seek sanctions on senior Hungarian officials involved in blocking aid to Ukraine and maintaining the country’s reliance on Russian energy.

House Republicans have opened an investigation into alleged hospice fraud in California, citing a CBS News investigation that found widespread warning signs among hospice operators in Los Angeles County and raising concerns about potentially tens of millions of dollars in taxpayer losses.

Two U.S. senators are set to introduce bipartisan legislation that would prohibit Commodity Futures Trading Commission-regulated prediction-market platforms from offering contracts tied to sporting events.

Tether is accelerating its push into the United States, betting that political support in Washington, deep Treasury holdings, and a growing investment portfolio will cement its place in mainstream finance.

Senate Democrats are pressing for a congressional hearing on the Trump administration’s decision to ease sanctions on Russian oil, arguing that the step could benefit Moscow even as the Kremlin is providing support for Iranian forces.

Efforts to pass proposed landmark legislation for the U.S. crypto market have stalled to the point that some question whether the measure could still get passed this year, even with White House support.

A senior U.S. senator has opened an inquiry into Binance seeking records on alleged transactions that funneled nearly $2 billion to Iran-linked terrorist organizations and other entities and payments that helped circumvent sanctions on Russian oil, Bloomberg said. 

Long after his 2008 conviction for procuring a minor for prostitution and just days before his final arrest in 2019, Jeffrey Epstein had his eyes on a palace in Morocco. He wanted to buy it, but he needed help. 

A bipartisan coalition of U.S. House lawmakers has introduced legislation that would order the State Department to add Russian mercenary groups to its list of Foreign Terrorist Organizations (FTOs).