Person
Nevada Democrat in the US House representing the Las Vegas area; sits on the Ways and Means Committee and has chaired the Congressional Black Caucus.
A House committee handed crypto users a break on fees of $10 or less and paid for it by importing the anti-abuse rules that govern stocks, and the traders who harvest losses in December are the ones paying.
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More than 100 lawmakers led by Sen. Elizabeth Warren asked Google and Spirit Airlines to keep former employees' records out of a $10 million data sale. So far the objection has cost Google one thing: an independent scrub of the data, a step it says it offered from the start. A bankruptcy judge takes up the sale at an Oct. 14 hearing.
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Fairshake, the crypto super PAC, is backing 32 House incumbents in November and putting about $1 million each behind three Democrats and three Republicans. That $6 million, a fifth of what it is spending against Sherrod Brown, goes mostly to members of the committees that handle crypto bills.
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The CBC vice chair told CNBC that at least 60 of his 62 colleagues would back a bill on AI guardrails, and that competition with China should not be part of it. The caucus holds 29% of House Democratic seats.
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H.R. 9175 would move the tax on mining and staking rewards from the day they arrive to the day they are sold. Cryptobriefing.com reports the committee may cut that provision to bring a Democrat along before the September 16 markup.
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