Critics of the guidance said it effectively prevented banks from holding digital assets in custody and evaded normal commission rulemaking. Congress passed a measure repealing the guidance in May but former President Joe Biden vetoed it.

White-collar lawyer and former U.S. attorney Neil MacBride has rejoined Davis, Polk & Wardwell following a two-year stint as general counsel to the U.S. Treasury Department, the firm said Monday.

WASHINGTON – Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission under former President Joe Biden, will resign from the ...

President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.

The first full day of the new Trump administration brought a wave of new hires by U.S. law firms adding outgoing Biden officials to their ranks.

Jim Biden’s activities have been investigated in recent years in two federal criminal probes, as POLITICO has reported.

The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin.

The U.S. Securities and Exchange Commission (SEC) has removed a hurdle that had kept U.S. banks from adopting Bitcoin (BTC) and other cryptocurrencies. The Wall Street regulator has eliminated an accounting rule that forced banks to treat Bitcoin

Donald Trump, newly inaugurated as President, has appointed Mark Uyeda as the SEC's acting chairman with Gary Gensler stepping down.

The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.

Incoming President Donald Trump will have the chance to appoint most of the directors who oversee America's biggest public utility after President Joe Biden failed to get TVA board nominees confirmed by the U.

President Donald Trump signed an executive order aimed at fighting what he described as radical indoctrination in public schools in a move to advance patriotic education