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Cryptocurrency

US crypto industry lobby spending on track for new record in 2023

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group OpenSecrets.Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the...
Banking

U.S. to impose visa bans soon on Israeli extremist settlers for West Bank violence

U.S. President Joe Biden speaks In the Indian Treaty Room of the Eisenhower Executive Office Building at the White House complex in Washington, U.S., November 27, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsDUBAI, Dec 1 (Reuters) - The Biden administration has informed Israel that Washington will impose visa bans in the next few weeks on Israeli extremist settlers engaged in violence against Palestinian civilians in the occupied West Bank, a senior State Department official said.U.S. Secretary of State Antony Blinken in his meeting with Israeli Prime Minister Benjamin Netanyahu and...
Funds

US Senate Democrats block Republican bid to aid Israel, not Ukraine

The U.S. Capitol Building is seen in Washington, U.S., August 15, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - U.S. Senate Democrats on Tuesday blocked a Republican effort to win quick approval for a bill providing emergency aid to Israel that passed the House of Representatives last week, but that provides no assistance for Ukraine's war against Russia.Republican Senator Roger Marshall said: "Time is of the essence and it's imperative that the Senate not delay delivering this crucial aid to Israel another day," he said.Democrats objected, stressing...
Funds

US House passes Republicans’ Israel-only aid bill, faces dead end in Senate

WASHINGTON, Nov 2 (Reuters) - The U.S. House of Representatives on Thursday passed a Republican plan to provide $14.3 billion in aid to Israel and cut funding of the Internal Revenue Service, despite Democrats' insistence it has no future in the Senate and the White House's promise of a veto.The measure passed 226 to 196, largely along party lines, a shift from typical strongly bipartisan congressional support for providing aid to Israel. Twelve Democrats voted with 214 Republicans for the bill, and two Republicans joined 194 Democrats in objecting.The bill's...
Funds

Anti-war protest hits US Congress hearing as Biden officials seek aid for Israel, Ukraine

WASHINGTON, Oct 31 (Reuters) - Two of President Joe Biden's top advisers asked U.S. lawmakers to provide billions more dollars to Israel on Tuesday at a congressional hearing interrupted repeatedly by protesters denouncing American officials for backing what they called "genocide" against Palestinians in Gaza.Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin testified to the Senate Appropriations Committee on Biden's request for $106 billion to fund ambitious plans for Ukraine, Israel and U.S. border security.Arguing that supporting U.S. partners is vital to national security, Biden requested $61.4...
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