Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
In a memo circulated by the Senate Banking Committee Wednesday, staff listed several options for either increasing revenues or cutting spending.

Tim Scott preps ‘debanking’ hearing

The Senate Banking Committee is organizing a hearing to examine "debanking" in the U.S. financial system, according to two people familiar with the planning.

This is a hot-button issue for the crypto industry, and the topic’s priority for the panel is a clear signal of what's to come for the 119th Congress. The hearing is in the early planning stages and subject to change, people said.

Subscripion logo

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

Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

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

Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

Welcome to Punchbowl News AM! We're glad to have you here.

Want to get more of what you need? Share a bit more about yourself to help us tailor your reader experience.

Thank you for signing up!

Thank you for signing up!

 

We have sent you a confirmation email. Please follow the provided instructions to complete your sign-up.

Thank you for confirming! You are now subscribed to the Punchbowl News AM list.

You're subscribed! Welcome to the community.