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In a memo circulated by the Senate Banking Committee Wednesday, staff listed several options for either increasing revenues or cutting spending.

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.

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