Senators rail against 'cash grab' spending bill provision as House preps repeal vote

A significant clash has emerged between banks and the cryptocurrency sector over a Senate measure that would allow stablecoin holders to receive reward payments. This debate is central to ongoing efforts to secure bipartisan support for a crucial cryptocurrency market bill, which is currently under consideration by the Senate Banking Committee.

The Senate voted to block a resolution aimed at restricting President Donald Trump's ability to use military force in Venezuela, following a shift in support from two Republican senators. This decision allows Trump to continue military operations without congressional oversight, reflecting a significant political maneuvering within the Senate.

Iranian Foreign Minister Abbas Araghchi has downplayed the death toll from recent protests in Iran, attributing the unrest to an alleged Israeli plot during an interview on Fox News' 'Special Report with Bret Baier'. He dismissed casualty figures as exaggerated and suggested foreign interference as a cause of the turmoil.

House GOP leaders have issued a directive to their members, emphasizing that absences from legislative sessions should only occur in life-or-death situations, reflecting the precarious nature of their slim majority.

A recent Senate hearing featured a contentious exchange between Republican senators, including Hawley and Moody, and an Atlanta OB-GYN regarding the question of whether men can get pregnant. This debate has since gone viral on social media, highlighting the ongoing discussions surrounding gender and reproductive rights.

Minneapolis Mayor Jacob Frey stated that he does not support abolishing Immigration and Customs Enforcement (ICE), while expressing criticism of the agency's operations under the Trump administration during an interview on Fox News. This statement comes amid rising tensions in Minneapolis following a series of incidents involving ICE.

The House of Representatives passed a two-bill spending package on Wednesday, securing funding for the Treasury and State departments with a significant bipartisan vote of 341-79. This legislative action aims to prevent a government shutdown at the end of the month, showcasing cooperation among lawmakers from both parties.

A significant clash has emerged in the Senate over a key cryptocurrency market bill, focusing on whether stablecoin holders can receive reward payments. This debate is central to efforts to secure bipartisan support for the legislation, which is crucial for the future of the cryptocurrency market. The issue was initially addressed in the GENIUS Act, signed into law by President Trump in July.