Thom Tillis News

Subscribe to enjoy similar stories.Kevin Warsh was approved by the Senate as the next chair of the Federal Reserve on Wednesday afternoon, inheriting an economy reckoning with persistent inflation and an increasingly divided group of policymakers.The chamber confirmed him with a vote of 54-45, almost entirely along party lines. Pennsylvania Democrat John Fetterman was the lone crossover.The vote came just days before Jerome Powell’s term as chair expires Friday.

Subscribe to enjoy similar stories.The Federal Reserve succession drama now comes down to a decision only Jerome Powell can make.The Justice Department said on Friday it would halt its criminal investigation of the Fed chair. Initial ambiguity about whether the probe was truly over kept the path uncertain through the weekend.

U.S. Senate began an overnight "vote-a-rama" marathon on Friday aimed at eventually handing Republican President Donald Trump sweeping legislation to extend tax cuts and achieve budget reductions in the face of staunch Democratic opposition. Republicans and Democrats were due to vote on dozens of amendments aimed at altering a budget framework for Trump's tax, border, immigration and military agenda, with a vote to pass the resolution expected in the pre-dawn hours of Saturday. Congress needs to pass the budget resolution to unlock a fast-track procedure to circumvent Democratic roadblocks and enact Trump's legislation in the months ahead. If the Senate approves the measure, it will move to the House of Representatives for consideration next week. Trump is pushing hard for Republicans, who narrowly control both chambers, to hand him what he calls «one big beautiful bill» that also would pay for additional resources for securing the U.S. border with Mexico, deporting immigrants and bolstering the military. Some Republicans said the path forward for Trump's agenda could be complicated by recession worries if financial markets continue to reel over the president's tariff policy.

Medical marijuana can now be legally purchased in North Carolina with the Eastern Band of Cherokee Indians opening its long-planned dispensary this weekend on tribal land

The US Republican Senator Thom Tillis has called for a new regulatory framework for the crypto industry, which would “create the most hospitable environment for digital assets to thrive.”

TikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stake

A recent US government study found that existing intellectual property laws are sufficient to handle infringement related to non-fungible tokens (NFTs). Consequently, there is no requirement for new legislation in tackling this issue, it says.

Trump calls TikTok a threat but says banning app would hurt some kids “I’ve spent hundreds of dollars on Drunk Elephant at Sephora because of my tween," Fetterman said, referring to a skincare brand that’s gone viral on the app, prompting teens and tweens to flood Sephora locations. “That’s annoying but I think there’s a security issue as well too.

It may only be a bill about digitally delivering financial information, but at least it’s a step in a bipartisan direction. Sens. Thom Tillis, R-N.C., and John Hickenlooper, D-Colo., introduced the measure, Improving Disclosure for Investors Act of 2024, in the Senate Thursday. The bipartisan legislation, which has already been introduced in the House, requires the Securities and Exchange Commission to propose new rules allowing for the electronic delivery of regulatory documents to investors.

A group of Republican senators criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler over the federal agency’s “unethical” handling of the DEBT Box case in a February 7 letter.

By Chris Prentice and Douglas Gillison

Coinbase executives have offered to help the U.S. Securities and Exchange Commission (SEC) following the Monday hack of the federal agency’s account on X. 

It’s “all systems go” as the crypto community waits for SEC approval of a spot bitcoin ETF, according to senior ETF analyst, Eric Balchunas.

Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account. 

Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter.

A federal automatic retirement savings program would undermine retirement plans offered by businesses to their employees, said critics of new federal legislation.

Unauthorized artificial intelligence-powered recreations of people’s voices and images would be banned under a proposed bill by a bipartisan group of United States senators.

The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange's investigation, citing potential conflicts of interest.  

The judge handling FTX’s bankruptcy has reportedly slammed a joint letter from four United States senators calling for an independent examiner in the case.

A group of four United States senators have criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest.

The rapidly growing but loosely regulated nonfungible token (NFT) industry already touches many areas of human endeavor “from academia to entertainment to medicine, art, and beyond,” wrote recently two United States senators in a letter to the U.S. Patent and Trademark Office (USPTO) and the U.S. Copyright Office. The legislators were requesting a study to explain how this emerging technology fits into the world of intellectual property (IP) rights, including copyrights, trademarks and patents.