Mark Schoeff Jr.
Financial Services and Financial Technology Reporter at Roll Call
I am the financial services reporter at CQ Roll Call in Washington. Grew up in Ft. Wayne, Ind. Proud to be a Hoosier by birth and a Boilermaker by choice.
Articles
-
1 week ago |
rollcall.com | Mark Schoeff Jr.
The Senate passed legislation Tuesday, 68-30, that would establish regulations for stablecoins, concluding weeks of work on the bill and marking a significant step in cryptocurrency policy. Democrats were divided on the bill, with 18 voting in favor of it but a large faction remaining steadfast in opposition due to concerns over what they called weak protections for consumers, national security and financial stability.
-
1 week ago |
inkl.com | Mark Schoeff Jr.
The Senate passed legislation Tuesday, 68-30, that would establish regulations for stablecoins, concluding weeks of work on the bill and marking a significant step in cryptocurrency policy. Democrats were divided on the bill, with 18 voting in favor of it but a large faction remaining steadfast in opposition due to concerns over what they called weak protections for consumers, national security and financial stability.
-
1 month ago |
rollcall.com | Mark Schoeff Jr.
The Senate crossed a procedural hurdle on a stablecoin bill Monday, mustering enough Democratic supporters to get to the 60-vote threshold needed to invoke cloture on a motion to proceed to the bill despite the opposition of the Senate Banking Committee’s ranking member. The 66-32 vote drew support from 16 Democrats, including a handful from the Senate Banking Committee who supported the bill in committee, but who defected in a May 8 cloture vote on a motion to proceed.
-
1 month ago |
rollcall.com | Mark Schoeff Jr.
Jonathan McKernan has become a White House favorite for financial regulatory positions. The Senate has yet to act on McKernan’s nomination to become director of the Consumer Financial Protection Bureau, but the Treasury Department said Friday that President Donald Trump intends to tap him to serve as undersecretary for domestic finance.
-
1 month ago |
rollcall.com | Mark Schoeff Jr.
Senate Democratic defections from a bipartisan stablecoins bill could become a procedural hurdle as Republicans try to bring the measure to the floor, possibly as early as this week. Four Democrats on the Senate Banking Committee who voted on March 13 to approve legislation that would facilitate issuance of stablecoins — digital currencies pegged to a reserve asset, in this case, the U.S. dollar — said over the weekend they wouldn’t vote for a revised bill released on May 1.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 4K
- Tweets
- 21K
- DMs Open
- No
RT @mccarrennews: There is and has been a Press Club in DC since 1908. It is known the world over and more than 200,000 people visit every…
Stablecoins bill faces hurdle after Democrats withdraw support https://t.co/kZ4Zi7LFI9
RT @PFC_NPC: Armand, a certified therapy dog, “pawsed” outside @pressclubdc for a moment to add his voice to the many demanding to see @P…