In 119th Congress, Congress, crypto, Senate Banking Committee, Year of the Snake

Posted April 2, 2025

Ten Important Takeaways from Last Week’s Senate Banking Committee Hearing on the Nomination of Paul Atkins to be Chairman of the Securities and Exchange Commission

Questions related to the separation of powers, independent financial regulatory agencies, and the legitimacy of bipartisan commissions, have come roaring back.in the early months of the second [...]

By Michael Canning

In Securities and Exchange Commission

Posted July 21, 2023

Analysis: Ten Takeaways from SEC Chair Gary Gensler’s July 19, 2023 Testimony to the Senate Appropriations Subcommittee on Financial Services and General Government

"The themes that dominated the hearing were (1) the pace of SEC rulemaking; (2) cryptocurrency policy and cryptocurrency fraud; and (3) ESG. Other topics receiving significant attention included [...]

By Michael Canning

In Biweekly Bulletin

Posted July 17, 2023

LXR Group’s Bulletin on Capital Markets and Financial Services Policy (July 5 – July 17, 2023)

"As Congress enters its last two weeks of legislative work prior to the August recess, a key question is whether Republicans will be able to capitalize on the ruling as a way to overcome [...]

By Michael Canning

In Public Policies

Posted June 26, 2023

LXR Group Analysis: Eight Takeaways from Last Week’s Back-to-Back Congressional Hearings on SEC Oversight

"The hearing also marked, in LXR’s opinion, the nadir of Congress’s relationship with the Commission in the modern era and, likely, an inflection point in the new House GOP majority’s treatment [...]

By Michael Canning

In Digital Assets

Posted November 10, 2022

LXR Group Analysis: FTX’s Collapse Harms Customers, Strengthens the SEC’s Hand

The collapse of FTX in just 24 hours shows the dangers of leaving crypto assets unregulated. It has also demolished Sam Bankman-Fried’s credibility, and his ability to serve as a go-to resource [...]