Video & Transcript DataContr Research : 'PRO Act'
Page 29 of 49
TX
Texas 2025 - 89th Regular
Criminal Justice (Part I) Apr 29th, 2025
Senate Criminal Justice Committee
Transcript Highlights:
- But you now have the chance, and even myself as teachers, to take the admission of the prophet to act
- lot of blackmail, potential threats, and so they feel forced to be back in the field and do those acts
- Its intent is to alter the Sandra Bland Act and exclude in-custody deaths ruled as natural causes from
- of the Sandra Bland Act as it was originally intended and
- I think it's important to reiterate the Sandra Bland Act and how it came to pass.
Bills:
SB614, SB872, SB1199, SB1212, SB1278, SB1573, SB1588, SB1602, SB1660, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2146, SB2177, SB2373, SB2460, SB2785
Keywords:
forensic science, capital writs, criminal justice, case review, Texas Forensic Science Commission, prisoner death, investigation, county jail, law enforcement, autopsy, trafficking, prostitution, affirmative defense, coercion, duress, victim rights, child abuse, mandatory reporting, criminal penalties, neglect
Summary:
During this meeting of the Senate Committee on Criminal Justice, the focus was on various bills aimed at enhancing public safety and addressing issues within the criminal justice system. Notably, Senate Bill 2460 was discussed, which allows for rapid DNA analysis at booking stations to address delays in forensic testing. The bill received support from several witnesses, including law enforcement officials, who emphasized the importance of this technology in solving cases more efficiently. Another significant topic was Senate Bill 1573, intended to provide due process protections for law enforcement officers accused of misconduct, which sparked a debate on balancing accountability and protecting the officers' reputations.
TX
Texas 2025 - 89th Regular
Health and Human Services (Part I) Apr 9th, 2025
Senate Health & Human Services Committee
Transcript Highlights:
- /p>
Last session, we passed the Workplace Violence Prevention Act
- As was laid out, the Gold Card Act did pass in 2021.
- ...Act.
- It's on a drug that is administered under the Emergency Use Authorization Act, so.
- It was under the Emergency Use Authorization Act, I believe, so it would fit.
Bills:
SB227, SB269, SB407, SB463, SB527, SB547, SB1283, SB1380, SB1383, SB1511, SB1640, SB1784, SB2069
Keywords:
school funding, education reform, state budget, property taxes, equity in education, healthcare policy, vaccines, exemptions, religious beliefs, public health, workplace violence, healthcare facilities, definition expansion, safety regulations, health and safety code, health insurance, anesthesia, pediatric dental services, coverage, medical necessity
Summary:
The meeting of the Health and Human Services Committee covered a variety of bills focused on improving health care access, patient protections, and enhancing oversight of health-related services. Key discussions were held around SB1640, which aims to broaden the scope of criminal history checks for Medicaid providers to enhance accountability and prevent fraud. Senator Hagenbooth explained the committee substitute, emphasizing the necessity of strengthening vetting processes within Medicaid programs. Additionally, SB1784 was introduced, which seeks to protect patients from unexpected medical debt collection practices by mandating advance written notices before debt collection actions are initiated. Discussion around this bill reflected a collective concern for transparency in medical billing and the financial wellbeing of patients.
TX
Transcript Highlights:
- hearings that were required, and did not publish notice in the paper, which violates the Open Meetings Act
- marker="94" data-time="558"> It's well-established in state law that under the Declaratory Judgment Act
- just gives clarity to the existing law and confirms the existing law under the Declaratory Judgment Act
- United States, this final extension of the Emancipation Proclamation is one of the most important acts
- Yes, sir, following all warnings about the consequences of the act
Keywords:
family leave, leave pool, county employee, sick leave, vacation leave, family care, pandemic, guardianship, severance pay, political subdivision, contract termination, misconduct, public funds, suicide prevention, peer support, fire departments, mental health, advisory committee, fiscal transparency, local government
Summary:
The meeting of the Senate Committee focused on the discussion of several significant bills including HB3526, which aims to improve transparency in local government bond obligations. Advocates from the Texas Taxpayers and Research Association and Texas Public Policy Foundation emphasized the importance of this legislation for making financial information accessible to taxpayers and policy makers. Furthermore, the meeting included deliberations over HB148 and HB762, which seek to enhance the regulatory framework around appraisal district board training and limit executive severance packages in local government, respectively. Public testimonies reflected a range of perspectives, underscoring the complexities surrounding property rights and fiscal responsibility in governance.
TX
Transcript Highlights:
- ="88" data-time="522"> The reason it exempts that information is that the National Child Protection Act
- ...And in certain parts of the state, law enforcement acts
- law enforcement professional and a person whose life was forever changed by individuals failing to act
- It says this act applies to the beginning of the 2025-2026 school year, and then in section...
- We would hope that the responsible parties act promptly.
Keywords:
bonds, education funding, Texas Permanent School Fund, financial transparency, speculative rating, school funding, deferred maintenance, tax revenue, education budget, school districts, school funding, bonds, education, finance, Texas Education Code, misconduct, child abuse, educators, investigation, criminal offense
Summary:
The committee meeting covered a range of important issues, particularly focusing on school safety and the impact of certain proposed bills on vulnerable populations. Notably, Senator Creighton presented Senate Bill 2623, which seeks to establish school safety zones by preventing navigation services near schools, aimed at ensuring the safety of children in educational settings. Concerns were raised regarding the potential adverse effects of this bill on homeless navigation centers, with various stakeholders expressing their positions during the public testimony session. The importance of balancing community services with student safety was a recurring theme throughout the discussions.
US
Us Congress 2025-2026 Regular Session
Business meeting to consider the nomination of Frank Bisignano, of New Jersey, to be Commissioner of Social Security Administration. Mar 31st, 2025 at 11:00 pm
Senate Finance Committee
Transcript Highlights:
- he does not have a role at SSA and was not part of the decision-making process led by the current acting
- Bisignano did not have a role at SSA and was not part of the decision-making process led by the current acting
- marker="149" data-time="1776"> Brief introductory phone calls with individuals chosen for various acting
- Bisignano said he has not spoken with Acting Commissioner Dudek beyond a short introductory phone call
Keywords:
Frank Bisignano, Social Security Administration, Doge, nomination, committee, customer service, staffing issues, Senate
Summary:
The meeting of the Finance Committee primarily focused on the nomination of Frank Bisignano for Commissioner of the Social Security Administration. Members discussed the nominee's qualifications extensively, raising concerns about his past connections to Doge and the implications for Social Security. Several Senators expressed doubts about Bisignano's ability to improve the existing issues faced by the Social Security Administration, particularly related to staffing, customer service, and the potential for service cuts that could ultimately harm beneficiaries. The atmosphere was contentious, with divisive opinions visible among the committee members as they scrutinized Bisignano's past dealings and strategies.
TX
Transcript Highlights:
- Of course, that would include a meet-and-confer agreement, the Sandra Bland Act, the Michael Act, and
- ...into that act, the criminal act that led to the shooting
- Could media request it under the Public Information Act?
- This act wouldn't change anything?
- Prosecutors would never knowingly bring charges against someone forced to act by a trafficker.
Keywords:
dams, reservoirs, erosion control, flood control, Texas Commission on Environmental Quality, permit exemption, environmental regulation, permit exemption, erosion control, floodwater management, sediment control, local government, flooding, public safety, outdoor warning sirens, disaster preparedness, emergency response, flood warning, outdoor sirens, disaster preparedness
Summary:
The meeting of the legislative committee prominently featured discussions surrounding several critical bills, including SB1, which addresses natural disasters and emergency preparedness in Texas. Senator Perry presented detailed amendments focusing on enhancing the state's response capabilities to flooding, which included the establishment of better training protocols for first responders and the development of a statewide flood monitoring system. Public testimony was actively solicited, with multiple witnesses providing input regarding the implications of SB1, highlighting the need for comprehensive disaster management strategies following recent floods that impacted the community severely. Additionally, considerable dialogue took place around SB6, relating to abortion-related civil liabilities, where senators debated the bill's implications on women's health and wellness in Texas, leading to contentious voting results and reflections on the bill's social impact.
TX
Texas 2025 - 89th 2nd C.S.
Senate Select Committee on Disaster Preparedness and Flooding Aug 20th, 2025
Transcript Highlights:
- The act will be forever named in honor and in memory of the
- This wasn't an act of God, this was an act of pure complacency.
- We urge you, from the depths of our grief, to act now.
- Training should prepare staff and campers to act, not to wait in danger.
For now, the time is to act in support of SB1.
Keywords:
SB1, youth camp safety, flooding, testimony, reforms, emergency plans, Camp Mystic, fatalities
Summary:
The meeting focused on discussion around SB1, addressing safety reforms in youth camps in light of a tragic flooding incident that resulted in multiple fatalities. The committee heard testimony from various stakeholders, including family members of the victims, who shared heartfelt stories and the urgent need for reforms to ensure that such a tragedy would not happen again. The testimonies highlighted the importance of establishing better safety measures, including evacuation plans and compliance with new safety regulations. Senator Perry emphasized that the bill aims to create objective standards that protect children attending camps, prompting a strong emotional response from attendees as they reflected on the lives lost during the flash floods.
TX
Texas 2025 - 89th Regular
S/C on Defense & Veterans' Affairs Mar 17th, 2025 at 11:00 am
House S/C on Defense & Veterans' Affairs
Transcript Highlights:
- the Director of National Intelligence, Tulsi Gabbard, a combat veteran, who endorsed the Defend Guard Act
So, I would have to look up the War Powers Act of..
- This is also what makes HB 930, the Defend the Guard Act, crucial to the safety and well-being of the
- many of us have benefited from, I know my daughter is directly benefiting from it from my Hazelwood Act
- Constitution, and it's bolstered by statutes such as the Empowerment Control Act.
Keywords:
highway designation, veteran recognition, commemorative, transportation, Brazoria County, Texas National Guard, combat duty, military activation, state requirements, emergency response, Texas National Guard, active combat duty, military service, Congressional action, Governor responsibilities, Texas National Guard, combat duty, Congressional declaration, military activation, state law
Summary:
During the meeting, the committee deliberated on several bills primarily focused on veteran welfare and transition issues. One of the main highlights was the discussion of HB39, which proposes to improve data collection on veteran suicide rates, addressing the alarming statistics that reveal veterans are dying by suicide at a rate significantly higher than the general population. The bill seeks to mandate the Texas Department of Health and Human Services to submit aggregate data regarding deceased veterans to the Texas Veterans Commission, ensuring proper analysis and reporting on this critical issue. Witnesses, including mental health professionals and veterans, provided their insights, emphasizing the importance of having accurate data to inform better policies for preventing veteran suicides.
US
Us Congress 2025-2026 Regular Session
Hearings to examine constructing the Surface Transportation Reauthorization bill, focusing on United States Secretary of Transportation's perspective. Apr 2nd, 2025 at 09:00 am
Senate Environment and Public Works Committee
Transcript Highlights:
- marker="85" data-time="1008">Since the enactment of the Bipartisan Infrastructure Investment and Jobs Act
- strong bipartisan commitment to infrastructure got us the historic Infrastructure Investment and Jobs Act
- report card shows progress thanks to both the bipartisan infrastructure law and the Inflation Reduction Act
- span marker="331" data-time="3960">So I introduced this bill called the Highway Funding Flexibility Act
- p>
Question on a different topic: the Infrastructure and Jobs Act
Keywords:
surface transportation, infrastructure reauthorization, bipartisan collaboration, safety, federal programs, funding challenges, bureaucracy, transportation needs, critical projects, public testimony
Summary:
The committee meeting focused on the development of the next surface transportation reauthorization bill. Discussions centered around key principles aimed at improving the safety and reliability of the transportation network, reforming federal programs for efficiency, and addressing the diverse transportation needs across various states. Members emphasized the importance of bipartisan collaboration to streamline processes, eliminate bureaucratic delays, and ensure timely funding for critical infrastructure projects. There were also notable conversations about specific projects and funding challenges, reflecting the urgency for action and commitment to modernizing America's infrastructure.
TX
Texas 2025 - 89th 2nd C.S.
89th Legislative Session - Second Called Session Aug 21st, 2025 at 10:08 am
Texas House Floor Meeting
Transcript Highlights:
Help us all to be considerate and act with the interests
- With that knowledge, they can act immediately when a flood warning is issued.
- gets compromised and have time to act in advance.
So the Open Meetings Act is indeed going to apply
- This is simply the Disaster Scam Response Act.
Keywords:
youth camp, emergency preparedness, safety standards, regulation, civil penalties, emergency communication, public safety, interoperability, Texas Interoperability Council, grant program, emergency communication, broadband, funding, natural disasters, technology, disaster relief, emergency communication, fraud prevention, legislation, public safety
Summary:
The committee meeting primarily focused on the discussion and passage of several key bills, including SB5, which pertains to supplemental appropriations for disaster relief. This bill was passed unanimously, highlighting the committee's commitment to addressing disaster preparedness. HB20, aimed at reducing fraudulent charitable solicitations during disasters, also saw significant debate, with positive sentiments expressed by its sponsor, Mr. Darby. Additionally, HB22, which expands the authority of the comptroller to fund emergency communication systems, was passed with overwhelming support, indicating a consensus on improving emergency response capabilities within the state. The session concluded with discussions about future legislative measures aimed at strengthening infrastructure against disasters.
TX
Texas 2025 - 89th Regular
89th Legislative Session Apr 14th, 2025 at 02:04 pm
Texas House Floor Meeting
Transcript Highlights:
- Act on making sure that people understand the plight and
- deleted in exchange for an act that occurs while the athlete
- university in the state of Texas, potentially subjecting those universities to Fair Labor Standards Act
- bills are going to be that might result in an employee-employer relationship, Fair Labor Standards Act
- You're one hell of a class act and welcome to the Texas House.
Keywords:
education funding, Texas State Technical College System, constitutional amendment, capital projects, workforce education, military education, early registration, ROTC, corps of cadets, higher education, military academy, student athletes, name image likeness, compensation, intercollegiate athletics, representation, tuition assistance, military, Texas State Guard, education
Summary:
The committee meeting was marked by significant discussions surrounding several House Bills, particularly focusing on topics such as the payment for college athletes and the commemoration of veterans. HB290 was passed with a vote of 115 to 29, while HB300, aimed at updating the Texas Armed Services Scholarship Program, garnered unanimous support with 147 votes in favor. A notable moment came during the discussion of HB2143, which proposed to dedicate a segment of a farm-to-market road in honor of Army Specialist Joey Lenz, eliciting heartfelt responses from members as they recognized his sacrifice and service to the country. Overall, the meeting included both procedural motions and passionate debates on the implications of the proposed legislation.
TX
Texas 2025 - 89th Regular
Intergovernmental Affairs May 13th, 2025 at 08:05 am
House Intergovernmental Affairs Committee
Transcript Highlights:
- Passed House Bill 2127, the Texas Regulatory Consistency Act
- What's happening right now is, under the House Bill passed, which is the Texas Regulatory Consistency Act
- The counties won the first round; it was determined that we acted within our authority.
- ...Texas Regulatory Consistency Act.
- Usually in mandamus proceedings, you're challenging an official act.
Keywords:
municipal management district, bonds, assessments, property taxes, economic development, eminent domain, special district, Senate Bill 2858, local government, enforcement mechanisms, public safety, due process, city council, urban counties
Summary:
The committee convened to discuss Senate Bill 2858, which aims to provide stronger enforcement mechanisms for compliance with state laws by local governments. The bill was met with significant opposition from various stakeholders including city council members and representatives from urban counties. They raised concerns that the provisions threaten local autonomy and could lead to severe financial penalties without due process. Specific testimonies highlighted the potential disruption to local budgets and public safety services due to immediate withholding of funds pending litigation outcomes. As such, the supporting and opposing views were thoroughly debated, reflecting the tension between state authority and local governance.
TX
Texas 2025 - 89th 1st C.S.
Senate Special Committee on Congressional Redistricting Jul 26th, 2025
Transcript Highlights:
- These acts of evil must stop. We need Republican leadership for such a time as this.
- to weaponize that act.
- In 2013, the Supreme Court struck down a key provision in the Voting Rights Act that required mostly
- They say this is about complying with the Voting Rights Act, but you can't ignore racial fairness in
- This is an illegal act that should not be happening.
Summary:
The Senate Special Committee on Congressional Redistricting convened to gather public input regarding redistricting in the North Texas region. With an emphasis on improving public participation, several committee members expressed the need for in-person hearings, highlighting the limitations of virtual formats. Despite technical glitches, participants were encouraged to provide testimony via video conference. Notably, one citizen voiced concerns about the legislature's shift away from traditional redistricting processes, arguing that mid-decade changes undermine fair representation. The committee reiterated its commitment to collecting public opinion and plans to hold future hearings in different regions of Texas.
TX
Texas 2025 - 89th 1st C.S.
Culture, Recreation & Tourism Aug 6th, 2025 at 10:08 am
House Culture, Recreation & Tourism Committee
Transcript Highlights:
- Following the Blanco floods, we saw the need to act.
- At least by having insurance in place, we could act a lot quicker and not have to deal with the federal
- The act is looking at the resources for our inspectors.
- How could the local governments, the city, and the counties act for future preparedness?
- I think they couldn't act unilaterally. They couldn't go in wearing their regulatory hat as a...
Keywords:
emergency preparedness, natural disasters, Texas floods, first responders, youth camps, Texas Parks and Wildlife, Texas Historical Commission, safety protocols
Summary:
The meeting held by the Cultural, Recreation, and Tourism Committee focused primarily on emergency preparedness and responses to natural disasters, notably in the context of the recent floods that occurred in Texas on July 4th. The committee expressed deep sympathy for the affected communities and acknowledged the impressive efforts of first responders during the calamity. Testimonies were provided by representatives from the Texas Parks and Wildlife Department, the Texas Historical Commission, and various youth camps, focusing on the challenges faced during these emergencies and the steps taken to ensure visitor safety and habitat preservation.
US
Us Congress 2025-2026 Regular Session
Hearings to examine the nominations of Troy Meink, of Virginia, to be Secretary of the Air Force, Michael Duffey, of Virginia, to be Under Secretary for Acquisition and Sustainment, Emil Michael, of Florida, to be Under Secretary for Research and Eng Mar 27th, 2025 at 08:30 am
Senate Armed Services Subcommittee on Personnel
Transcript Highlights:
- An American defense industrial base that is sufficiently agile and responsive to emergent needs will act
- advancing acquisition reform initiatives for the Department of Defense through the proposed FORGED Act
- I'd like to recognize and appreciate the leadership that Chairman Wicker has provided in the FORGED Act
- Michael, have you read my Forged Act?
Twice.
- Duffy, thank you for mentioning the Forged Act on multiple occasions.
Keywords:
Air Force modernization, fighter aircraft, autonomous systems, air superiority, national security, recapitalization
Summary:
The meeting primarily focused on military procurement and modernization, with significant discussions surrounding the Air Force's capabilities and strategic needs. Key topics included the urgent need for recapitalization of the Air Force's fighter squadrons, as well as the importance of integrating new technologies like autonomous systems to bolster military effectiveness. Several senators raised concerns about the current resources available to the Air National Guard and the potential loss of skilled service members if recapitalization plans are not swiftly developed. There were also discussions on the importance of maintaining air superiority in light of evolving threats, particularly from adversaries like China.
TX
Transcript Highlights:
- In Texas, the patient solicitation act and anti-kickback statute are good and meant to protect these
- 2667, based on a law passed in Oklahoma that removes assisted living from the Patient Solicitation Act
- I am supportive of a law that provides clear enforcement of the Texas Patient Solicitation Act.
- It is designed to be directly related to the thing that occurred that required the state to act.
- Statute does not grant DFPS the ability to act swiftly, intervene, or resume placement and case management
Bills:
HB1531, HB2667, HB2809, HB2865, HB3589, HB3151, HB3748, HB3750, HB4419, HB4643, HB3597, HB4129, HB4130, HB4131
Keywords:
senior living, referral agencies, consumer protection, regulation, elderly services, youth, mental health, suicide prevention, protective services, child welfare, reporting requirements, Medicaid, public assistance, ex parte renewal, eligibility, Texas, group home, licensing, regulation, health and safety
Summary:
The meeting focused primarily on several key bills pertaining to the accountability and operational continuity of single-source continuum contractors within the Department of Family and Protective Services (DFPS). Representative Davis presented three related bills: HB4129, HB4130, and HB4131, which were designed to strengthen DFPS's enforcement mechanisms, clarify contract termination timelines, and enable swift action in cases of non-compliance by services providers. Each bill was discussed in detail, highlighting their importance for ensuring services for children and families remain uninterrupted and meet quality standards. Witnesses from various stakeholders provided testimony both in support and in critique of the proposed legislation, indicating the significant impact these bills could have on service delivery across the state.
A notable moment during the meeting was when the discussion surrounding HB4130 revealed concerns regarding current 60-day notice requirements for contract terminations, which were deemed insufficient. The proposed extension to 180 days is aimed at ensuring a seamless transition without service disruption. The meeting concluded with the decision to leave the bills pending further consideration, demonstrating a commitment to address the pressing issues raised by the lawmakers and community members involved.
US
Us Congress 2025-2026 Regular Session
Hearings to examine certain pending nominations. May 1st, 2025 at 09:30 am
Senate Foreign Relations Committee
Transcript Highlights:
- unequivocally say that without Charlie Kushner, we would not have passed the Bipartisan First Step Act
- As a result of that criminal justice act, the number of thousands of nonviolent offenders who have come
- I feel that, again, through an act of God, this somehow resulted in helping Senator Booker and my son
- Why the French have not acted to date is a mystery to me, because I would think that they would have
I authored the Bolster Act to address these issues.
Keywords:
diplomatic nominations, foreign policy, ambassadors, U.S.-European relations, Bilateral relationships, security, trade
Summary:
The meeting focused primarily on diplomatic nominations, featuring discussions about the implications of these roles on U.S. foreign policy. Notable was the introduction of nominees for key ambassadorial positions, including ambassadors to the Dominican Republic, France, and the Netherlands. Senator Shaheen emphasized the importance of U.S.-European relations, particularly in light of current global challenges, while other members voiced their concerns regarding the nominees’ qualifications and the impact on bilateral relationships. Public support for these nominations was evident, as was the committee's commitment to fostering stronger connections with allied nations, particularly in addressing security and trade issues.
TX
Texas 2025 - 89th Regular
S/C on Disease Prevention & Women's & Children's Health Apr 24th, 2025 at 08:04 am
House S/C on Disease Prevention & Women's & Children's Health
Transcript Highlights:
If I’m noticing that a provider is not acting in a way
- that I’ve seen other providers act with urgency, I can alert this.
During pregnancy, they can act as an educator, and during
Keywords:
maternal health, mortality review, health committee, obstetrics, public health, Medicaid, cancer treatment, healthcare reimbursement, physical therapy, dental services, protheses, compression garments, maternal health, mortality, morbidity, Medicaid, doula services, disparities, Black women, maternal mortality
Summary:
The committee meeting focused on addressing critical maternal health issues through discussions of two main bills, HB2140 and HB2610. Representative Simmons presented HB2140, which proposes to add two doula seats to the Texas Maternal Mortality and Morbidity Review Committee, emphasizing the importance of including diverse perspectives in discussions about maternal health. Testimony from various witnesses highlighted the positive impacts doulas can have during pregnancy and postpartum care, particularly for vulnerable populations. The bill left pending after debate reflects the committee’s commitment to enhancing maternal health outcomes in Texas.
TX
Transcript Highlights:
- It requires TDI to engage in rulemaking and gives the agency authority to act as an umpire for the appraisal
- span marker="37" data-time="216"> The bill would limit the recovery of attorney's fees or prompt pay act
- ...to act as an umpire and appraiser, I believe.
Bills:
HB345, HB721, HB2580, SB815, HB3057, HB4603, HB3233, SB495, HB3863, HB3914, HB4570, HB5099, HB5173, SB458
Keywords:
insurance, appraisal process, disputed losses, residential property, policyholder rights, insurer obligations, natural disasters, appraisal expenses, insurance, appraisal process, disputed losses, residential property, policyholder rights, umpire selection, appraisal expenses, natural disasters, insurance, residential property, appraisal process, disputed losses
Summary:
The committee meeting primarily focused on discussions surrounding SB458 and its companion bill HB4570, which address appraisal provisions in insurance policies. Chairman Dean emphasized the importance of preserving consumer rights regarding appraisals in dispute resolution and thanked stakeholders for their involvement. Testimonies were presented by various experts who supported the bill, highlighting how it could help consumers by providing a more efficient alternative to litigation in settling claims and potentially leading to higher awards for policyholders. The bill aims to streamline the appraisal process and ensure timely resolutions for insurance claims related to both personal and auto insurance.
US
Us Congress 2025-2026 Regular Session
Hearings to examine bipartisan legislative frameworks for digital assets. Feb 26th, 2025 at 01:30 pm
Senate Banking, Housing, and Urban Affairs Subcommittee on Digital Assets
Transcript Highlights:
- span marker="89" data-time="1056"> Including the Lummis-Gillibrand Responsible Financial Innovation Act
- It is called the Genius Act. Chairman Scott, Senators Gillibrand and I are all co-sponsors.
The act makes the U.S. dollar fit for the digital age
Keywords:
Digital Assets, Bitcoin, Stablecoins, Legislation, Bipartisan, Consumer Protection, Regulatory Framework, Financial Innovation, Testimony
Summary:
The inaugural meeting of the Digital Assets Subcommittee brought a wave of excitement and anticipation regarding the future of digital assets, including Bitcoin and stablecoins. Chair Lummis expressed gratitude towards Senator Scott for establishing the subcommittee, indicating a commitment to promote responsible innovation while safeguarding consumers. Members discussed the necessity for a bipartisan legislative framework to regulate digital asset markets effectively while outlining the potential benefits such legislation could have on enhancing financial inclusion and streamlining payments. The meeting featured expert testimonies from key figures in the digital asset industry, highlighting the importance of creating clear regulatory guidance for digital assets to foster innovation without compromising consumer protections.