The US government has temporarily ended a set of restrictions on Russia recently legislated by Congress. Reporting indicates the move was driven by the executive branch, and it came as disagreements between the White House and Kyiv became public. The episode puts the constitutional allocation of sanctions authority back in focus.
The Washington Post reports that Senate Republicans are mounting a final legislative sprint ahead of the US midterm elections, packing multiple items onto the Senate floor as the chamber abandons an early exit from Washington. The fast pace reflects Republican leadership’s reading of the political stakes of the midterms.
The US Senate failed to advance the Clarity Act on a procedural vote, formally ending this Congress’s effort to pass a comprehensive crypto regulatory framework. Despite millions spent on lobbying by Coinbase, a16z and other industry leaders, the outcome deepens uncertainty across the sector.
The US House Ways and Means Committee released a sweeping crypto tax bill ahead of Wednesday’s markup, establishing tax treatment rules across crypto payments, stablecoins, mining, and staking, while introducing a $10 de minimis exemption for small crypto payments. The bill will shape US crypto industry compliance costs, tax architecture, and retail crypto payment adoption, and may become a baseline text for subsequent Senate legislation and bipartisan crypto legislative negotiations.
Senate Republicans on September 14 released the ‘final draft’ of the long-pending Clarity Act for digital assets, while the White House confirmed that President Trump has accepted most of the bill’s ethics provisions. The new draft makes significant adjustments to digital-asset classification, the allocation of regulatory authority between the SEC and CFTC, stablecoin reserve requirements and disclosure of conflicts of interest. Industry analysts say the release breaks a multi-month stalemate that had previously been described by industry observers as a Schrödinger-style legislative limbo, and could clear the path for a full Senate vote in the coming weeks.
CNN and BBC News reported separately on September 13 that Wisconsin Republican Congressman Tom Tiffany’s small plane made an emergency landing on a lake after an in-flight emergency, and Tiffany himself swam to shore where he was picked up by nearby fishermen and taken for medical evaluation. No serious injuries were reported, and the Federal Aviation Administration and other agencies are jointly investigating the cause of the incident.
The US Senate passed a comprehensive Russia sanctions bill with overwhelming bipartisan support, legislation that was negotiated by the late Senator Lindsey Graham. The move marks a new phase in US-Russia policy and could have far-reaching implications for the Ukraine conflict and global geopolitical dynamics.
Bipartisan US senators have written to the Treasury Department urging that state regulatory authority be preserved in the implementation of the GENIUS stablecoin legislation, preventing excessive federal centralization.
According to CoinDesk, a new bill has been introduced in the US House of Representatives to establish a cross-agency task force targeting crypto asset theft. The bill, pushed by Texas Republican Representative Lance Gooden, aims to strengthen inter-agency cooperation and improve efficiency in combating crypto crime. Editor: GoodInfo Global News Team
The Trump administration declares its Iran military operations ’terminated’ before the 60-day War Powers Act deadline. Defense Secretary Hegseth testifies for two days before Congress, arguing the ceasefire pauses the authorization clock.