Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Lawmakers will convene on Feb. 5 to talk about “debanking” — a political priority for the crypto sector and other businesses, including firearm manufacturers and energy firms.

Senate Banking to make crypto subcommittee official

News: The Senate Banking Committee will create a new subcommittee dedicated to digital assets, according to three people familiar with the decision.

The move isn't exactly a surprise, but it is a noteworthy development. The House Financial Services Committee already has its own crypto subcommittee, and now-Senate Banking Committee Chair Tim Scott (R-S.C.) said over the summer he'd like to have one for his panel.

Subscripion logo

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Presented by DoorDash

The DoorDash effect: $107B in economic impact

 

In 2024, DoorDash powered $107B in economic activity through sales for local businesses, from restaurants to grocers to florists. Dashers earned $16.7B, delivering 4 hours per week on average. Local delivery drives real economic impact. Explore the report.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.