WASHINGTON, Feb. 22 (TNSrep) -- The Congressional Research Service issued the following report (No. R48430) on Feb. 20, 2025, entitled "Banking and Cryptocurrency: Policy Issues." The report is written by financial economics specialists Paul Tierno and Andrew P. Scott and macroeconomic policy specialist Marc Labonte. Here are excerpts: * * * SUMMARY The rapid growth in value of cryptocurrencies and digital assets (hereinafter, crypto) has led to growing banking needs for the crypto industr  more

WASHINGTON, Feb. 22 (TNSrep) -- The Congressional Research Service issued the following report (No. R48430) on Feb. 20, 2025, entitled "Banking and Cryptocurrency - Policy Issues:" (Continued from Part 1 of 3) * * * Regulation of Bank Activities Involving Crypto To date, there is no overarching framework for bank participation in crypto, nor is there an explicit regulatory framework for crypto markets more generally. To date, the bank regulators have not promulgated any rules through the not  more

NEW YORK, Feb. 22 -- New York City Mayor Eric Adams issued the following news: * * * Emergency Executive Order 750 February 22, 2025 WHEREAS, on September 2, 2021, the federal monitor in the Nunez use-of-force class action stated steps must be taken immediately to address the conditions in the New York City jails; and  WHEREAS, on June 14, 2022, the federal court in Nunez approved the Nunez Action Plan, which "represents a way to move forward with concrete measures now to address the ongoi  more

NEW YORK, Feb. 22 -- New York City Mayor Eric Adams issued the following news: * * * Emergency Executive Order 751 February 22, 2025 WHEREAS, it is of utmost importance to protect the health and safety of all persons in the custody of the Department of Correction ("DOC"), and of all officers and persons who work in the City of New York jails and who transport persons in custody to court and other facilities, and the public; and  WHEREAS, over 80 provisions in the various Court Orders enter  more

NEW YORK, Feb. 22 -- New York City Mayor Eric Adams issued the following news: * * * Emergency Executive Order 752 February 22, 2025 WHEREAS, over the past several months, thousands of asylum seekers have been arriving in New York City, from the Southern border, without having any immediate plans for shelter; and  WHEREAS, the City now faces an unprecedented humanitarian crisis that requires it to take extraordinary measures to meet the immediate needs of the asylum seekers while continuin  more

WASHINGTON, Feb. 21 (Rep.) -- House Democratic Leader Hakeem Jeffries, D-New York, issued the following news release: * * * LEADER JEFFRIES STATEMENT ON FIRING OF MILITARY GENERALS San Francisco, CA - Today, Democratic Leader Hakeem Jeffries released the following statement: The Trump administration, enabled by compliant House Republicans, has weakened America's national security by unjustifiably firing three highly decorated military leaders. General CQ Brown, Admiral Lisa Franchetti and   more

WASHINGTON, Feb. 21 -- Rep. Hakeem Jeffries, D-New York, issued the following news release: * * * LEADER JEFFRIES STATEMENT ON FIRING OF MILITARY GENERALS San Francisco, CA - Today, Democratic Leader Hakeem Jeffries released the following statement: The Trump administration, enabled by compliant House Republicans, has weakened America's national security by unjustifiably firing three highly decorated military leaders. General CQ Brown, Admiral Lisa Franchetti and General James Slife have a  more

ALBANY, New York, Feb. 22 -- Gov. Kathy Hochul, D-New York, issued the following news release: * * * Statement from Governor Kathy Hochul "After 52 days in the penalty box, New York sports fans will finally be able to watch the Knicks, Rangers and Islanders again. Optimum and MSG Networks have ended the corporate dispute and service will be restored before tonight's face-off between the Rangers and the Sabres. This long-overdue step comes after I directed the Department of Public Service to  more