The US Senate failed to advance the Digital Asset Market Clarity Act on Tuesday, halting the cryptocurrency industry’s strongest attempt to secure a comprehensive federal market structure framework and pushing the regulatory burden back towards existing agencies. The cloture motion on the measure, H. R. 3633, was rejected 49-50, according to the Senate’s official roll call. Sixty votes were required to end debate on the motion to […]
The US Senate failed to advance the CLARITY Act on Tuesday, handing the cryptocurrency industry a major setback despite a late White House effort to challenge banking-sector warnings that stablecoin rewards could drain deposits and curb lending. The procedural vote ended 50-49 in favour of advancing the legislation, 10 votes short of the 60 required. Republican senators Jerry Moran, Rand Paul, Josh Hawley and Thom Tillis joined […]
Eight major US banking trade groups have urged Senate leaders to tighten the CLARITY Act’s restrictions on stablecoin rewards, warning that a new regulatory “circuit breaker” would take effect only after damaging deposit outflows had already occurred. The warning came in a joint letter sent on Monday to Senate Majority Leader John Thune and Democratic Leader Chuck Schumer ahead of a procedural vote scheduled for Tuesday, September […]
US Senator Bernie Sanders and former Trump adviser Steve Bannon will appear at a Washington gathering on Tuesday, joining labour, religious and political figures calling for controls over advanced artificial intelligence. The Pro-Human Assembly, organised by the Future of Life Institute, is expected to bring together participants who rarely share a political platform but have converged around concerns that advancing AI could threaten jobs, autonomy, democratic institutions […]
Dogecoin co-creator Billy Markus has joked that the US government should spend $1.2 trillion buying Dogecoin and distribute the cryptocurrency to Americans, turning a contentious cash-dividend proposal into a meme-coin thought experiment rather than advancing a formal policy plan. Markus, who uses the name Shibetoshi Nakamoto on X, made the remark on September 12 while responding to President Donald Trump’s promise of a $5,000 payment to every […]
Vice-President JD Vance has emerged from the Republican midterm convention in Dallas with his standing as a potential 2028 presidential contender enhanced, after a keynote speech drew chants from delegates and fresh praise from President Donald Trump. Vance used Thursday night’s address to present himself as a defender of Trump’s political movement while urging Republicans to stay united ahead of the November midterm elections. Delegates repeatedly chanted […]
President Donald Trump warned Iran on Wednesday that the United States could strike Pickaxe Mountain after Washington detected activity at the deeply buried site near the damaged Natanz uranium enrichment complex. “We notice there’s a little activity at Pickaxe. I would advise Iran not to get cute because we will have to hit them very hard,” Trump told a Republican midterm convention in Dallas, sharpening warnings he […]
US lawmakers renewed demands for President Donald Trump to end the war with Iran as the conflict passed its six-month mark, while the White House shifted emphasis towards economic pressure and Trump signalled no urgency to restart negotiations. Republican Representative Thomas Massie and senior Democrats used Friday’s milestone to challenge a war that began on February 28 with coordinated US and Israeli strikes. Massie said the conflict […]
The United States has revoked the visa of former Iraq finance minister Taif Sami Mohammed Al Shakarchi after she was placed on the FBI’s terrorism watchlist, marking an extraordinary reversal in Washington’s treatment of an official it honoured four years ago for fighting corruption. The State Department confirmed on Friday that Mohammed’s visa had been cancelled following her placement on the Federal Bureau of Investigation’s Terrorist Screening […]
President Donald Trump has ordered Lake Ontario to be renamed Lake America for United States federal purposes, creating an unusual cartographic problem for technology companies mapping a single body of water shared with Canada. The executive order signed on August 27 directs the Interior Department and the US Board on Geographic Names to change the federal designation within 30 days and update the Geographic Names Information System, […]
Azad Mirza Nearly six months into the US-Israel war on Iran, the Strait of Hormuz has become less a shipping lane than a rhetorical battlefield. This week that theatre reached a new pitch: Donald Trump posted an AI-generated map on Truth Social labelling the waterway “NEW US Territory,” insisting the strait is “open and operating” […]
The article Hormuz: Trump’s territorial bravado and Iran defiance appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai President Donald Trump has urged Americans to tolerate higher gasoline prices as the economic cost of stopping Iran from acquiring a nuclear weapon, while escalating tensions by saying he would soon declare the Strait of Hormuz US territory. Speaking in Garden City, New York, on Friday, Trump acknowledged the pressure that rising fuel costs were placing on households but argued that preventing Tehran […]
The Trump administration is intensifying economic pressure on Iran as Washington struggles to translate months of military operations into political concessions from Tehran. The strategy combines tighter sanctions, restrictions on oil exports and a renewed naval blockade while preserving the threat of further strikes. President Donald Trump’s government appears increasingly focused on weakening Iran’s ability to finance the state, military forces and regional operations rather than relying […]
Acting US Attorney General Todd Blanche has formally cancelled a $1.776 billion “anti-weaponisation” fund after two Republican senators threatened to block his confirmation, removing a major obstacle before a decisive Senate Judiciary Committee vote on Tuesday. The Justice Department order terminated the fund before it became operational. No commissioners had been appointed, no claims had been processed and no money had been transferred. Blanche also clarified that […]
President Donald Trump has cast doubt on renewed negotiations with Iran and warned that US military attacks could intensify, deepening fears that the five-month conflict will extend further across the Middle East. Speaking during a Cabinet meeting at Camp David, Trump said he was losing confidence in Iranian negotiators because they had misrepresented their intentions. He indicated that Washington was preparing to strike Iran harder unless Tehran […]
Cryptocurrency markets face renewed volatility as an Ethereum developer warns that expectations surrounding the United States’ CLARITY Act could trigger a deeper sell-off if lawmakers fail to deliver the regulatory breakthrough already anticipated by traders. Econar, a long-time Ethereum builder and commentator, said digital assets could stage only a limited rise as speculation about the legislation intensifies. Failure to pass the bill could then push prices below […]
By Asad Mirza The framework peace agreement between the United States and Iran has reduced the immediate risk of a wider regional war. Yet the accord leaves unresolved the central issues that have fuelled four decades of confrontation, making its long-term survival far from assured. The announcement of a framework peace agreement between the United […]
The article Can The US-Iran Peace Deal End Decades Of Hostility In West Asia? appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai A divided US House of Representatives has approved a war powers resolution directing President Donald Trump to end American military involvement in Iran, handing the White House a symbolic but politically pointed rebuke as unease grows on Capitol Hill over the scope and duration of the conflict. The measure passed 215-208 on Wednesday, with four Republicans breaking ranks to join Democrats in support. […]
Washington faces a narrowing window to pass the CLARITY Act, with Senator Cynthia Lummis warning that failure to move the digital asset market structure bill through Congress this session could leave the country without comprehensive crypto rules until 2030. The warning has sharpened pressure on lawmakers, regulators and industry groups after years of legal uncertainty over whether many digital tokens should be treated as securities, commodities, payment […]
Matein Khalid US President Donald Trump’s recent state visit to China has done little to end the stalemate in the Strait of Hormuz. If anything, Iran appears to have been emboldened enough to escalate Gulf tensions through drone strikes near the Barakah Nuclear Energy Plant in Abu Dhabi and rocket attacks targeting sites in Saudi Arabia. Brent crude trading at about $110 a barrel has coincided with a brutal sell-off […]
President Donald Trump said a proposed agreement with Iran to reopen the Strait of Hormuz has been “largely negotiated”, raising hopes of a diplomatic breakthrough after months of conflict disrupted one of the world’s most important energy routes. Final terms are still being discussed among Washington, Tehran and regional governments, with an announcement expected once the remaining points are settled. Trump said the framework followed calls with […]
Arabian Post Staff -Dubai President Donald Trump has said a peace agreement with Iran is close to completion, raising expectations of a diplomatic breakthrough that could reopen the Strait of Hormuz after months of conflict disrupted one of the world’s most important energy corridors. Trump wrote on Saturday that an agreement had been “largely negotiated” but remained subject to finalisation between the United States, Iran and other […]
Washington announced a $1.776 billion compensation fund for people who claim they were unfairly investigated or prosecuted, opening a politically charged new phase in President Donald Trump’s campaign against what his administration calls government “weaponisation”. The Justice Department said the Anti-Weaponization Fund would be created as part of a deal resolving Trump’s $10 billion lawsuit against the Internal Revenue Service over the unauthorised leak of his tax […]
Bitcoin traders are positioning for a possible push towards $90,000 after the CLARITY Act cleared a key Senate committee vote, giving digital asset markets their strongest regulatory signal from Washington this year. The largest cryptocurrency traded near $80,600 on Friday after briefly testing the $82,000 area, with market participants watching whether legislative momentum in the United States can extend a rally that has already lifted sentiment across […]
