Video & Transcript DataContr Research : 'accountability in juvenile system'
Page 30 of 62
TX
Texas 2025 - 89th Regular
Natural Resources Apr 24th, 2025 at 08:04 am
House Natural Resources Committee
Transcript Highlights:
- We saw wastewater in there as well, and get a shout out, but we also saw water reuse in our reports.
- That said, the legislative oversight and performance and accountability standards in SB 7 are essential
- These accountability measures are very important in that they'll allow the legislature and voters to
- down to the elephant in the room.
- There are some great engineering firms in Texas that can assist in making these assessments.
Bills:
SB7
Keywords:
water infrastructure, financial assistance, Texas Water Development Board, water supply, environmental sustainability, Senate Bill 7, water infrastructure, testimony, flood infrastructure, water reuse, legislative oversight, environmental sustainability
Summary:
The committee meeting primarily focused on Senate Bill 7, which aims to enhance Texas's water infrastructure amid growing population and environmental challenges. Various stakeholders, including representatives from engineering firms, environmental organizations, and water associations, testified in support of the bill, emphasizing its potential to address pressing water supply issues and improve infrastructure reliability. Key topics of discussion included water reuse, flood infrastructure funding, and the need for legislative oversight to ensure effective management of financial resources. The testimony underscored the importance of adapting to aging water systems while promoting innovative solutions for sustainability.
TX
Transcript Highlights:
- And so I think for the security and reliability of the system in the shorter and midterm, I think there
- Our system where we can be in EEA-1 to EEA-3 in 20 minutes
- There is misalignment between what we're assigned to shed off the system in an event and what the actual
- In terms of this is your allocation, and if we don't account for those large loads that in the ERCOT
- There are provisions in the bill that hold wholesale price formation harmless to where it's accounted
Keywords:
electric power, interconnection, utilities, ERCOT, large load customers, water supply, sewer service, demand management, Senate Bill 6, energy infrastructure, load management, interconnection, reliability, data centers, electric cooperatives, cost allocation
Summary:
The meeting focused primarily on Senate Bill 6, which aims to address the needs for increased reliability and transparency in Texas's energy infrastructure. There were multiple testimonies from stakeholders representing various sectors, including data centers and electric cooperatives, discussing their support and concerns regarding the bill's impact on interconnection and load management. Key issues raised included improving load forecasts, the adequacy of existing methodologies for cost allocation, and ensuring the reliability of the grid amidst the growing demand from large energy consumers like data centers. The discussion emphasized the need for a balance between fostering economic growth and maintaining grid reliability, amidst concerns about potential uncertainty for businesses due to some provisions in the bill. The committee concluded the meeting while keeping the bill pending for future deliberation.
US
Us Congress 2025-2026 Regular Session
Business meeting to consider the nomination of Michael Faulkender, of Maryland, to be Deputy Secretary of the Treasury; to be immediately followed by hearings to examine the nomination of Mehmet Oz, of Pennsylvania, to be Administrator of the Centers Mar 14th, 2025 at 09:00 am
Senate Finance Committee
Transcript Highlights:
- The DOJ staffer who was given official access to sensitive personal information in IRS systems is a Musk
- Our existing system is twice as expensive as any other system in the industrialized world.
- Every system needs to be reformed. Every system in America needs to be reformed.
- We do that and we do the same thing in our school systems.
- anything to change in terms of our health care system.
Keywords:
Michael Falkender, Deputy Secretary of the Treasury, IRS, taxpayer privacy, nomination process, committee hearing
Summary:
The committee convened to discuss critical issues surrounding the nomination of Michael Falkender for the position of Deputy Secretary of the Treasury. This meeting included a series of remarks from committee members who expressed divergent views on Falkender's qualifications and the implications of his appointment. Senator Wyden voiced strong opposition, arguing that Falkender represents harmful policies expected to be perpetuated under the current administration, especially concerning taxpayer privacy and IRS tactics. Meanwhile, other members defended Falkender, noting his extensive experience, including a commitment to transparency in government operations if confirmed.
TX
Transcript Highlights:
- bills pending in this committee.
- So there's no accountability.
- in Collin.
- I live in a Republican county, in a Republican state, in a Republican nation, and my taxes are way too
- We're not included in those; we're not allowed to be in those.
Keywords:
voting access, polling place, disability, caretaker provisions, ballot delivery, election code, ballot by mail, election code, voting, mail delivery, election integrity, filing fee, nomination, convention, election, candidate, voting by mail, assisted living, nursing facilities, legal guardian
Summary:
The meeting of the committee focused primarily on discussions surrounding HB4309, aimed at allowing third parties to handle filing fees similarly to major political parties. Witnesses from the Libertarian Party, including Wes Benedict, expressed the need for equitable treatment in political financing, highlighting how fees imposed on them currently do not assist their party in any meaningful way like they do for Republicans and Democrats. Concerns were raised regarding the lack of accountability for fees collected from third parties, with committee members discussing potential oversight mechanisms.
TX
Texas 2025 - 89th Regular
Homeland Security, Public Safety & Veterans' Affairs Apr 23rd, 2025 at 10:04 am
House Homeland Security, Public Safety & Veterans' Affairs Committee
Transcript Highlights:
- But in doing so, you're not engaging in a program.
- Time and time again, the men who hurt them were never held accountable in court, often because the victims
- in the general revenue fund for DPS to administer the system.
- and communication, we can create a more effective system that encourages participation in the justice
- Lehrman, in our state and in this country.
Bills:
HB1455, HB1777, HB2101, HB2136, HB2609, HB3142, HB3552, HB3846, HB4155, HB4514, HB4879, HB4995, HB5014, HB5139, HB5228, HB5436, HCR40
Keywords:
mental health, jail diversion, law enforcement, reporting requirements, criminal justice, mental health, law enforcement, data collection, reporting requirements, criminal justice reform, mental health, jail diversion, law enforcement, criminal justice, intellectual disability, mental illness, data reporting, public safety, mental health, jail diversion
Summary:
The committee meeting was primarily focused on discussing measures to address family violence in Texas through legislative initiatives. One of the most significant pieces of legislation discussed was HB4155, which aims to establish a Family Violence Criminal Homicide Prevention Task Force. This task force is designed to analyze risk factors and develop actionable solutions for reducing family violence homicides in the state. Representative Manuel presented this bill, highlighting the alarming statistics that revealed a critical crisis in family violence. Members engaged in a thorough discussion about the bill's implications and the importance of coordinated state-wide efforts to tackle this issue effectively.
US
Us Congress 2025-2026 Regular Session
Business meeting to consider an original bill entitled, "GENIUS Act of 2025", and S.875, to curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions. Mar 13th, 2025 at 09:00 am
Senate Banking, Housing, and Urban Affairs Committee
Transcript Highlights:
- So it is ridiculous in one way and frankly remarkable in another way that we are returning to regular
- ensuring stablecoins are safe and reliable tools in the financial system.
- risky assets, including the very assets that were bailed out in 2008 and again in 2020.
- Several of them have been included in earlier bipartisan stablecoin proposals introduced in Congress,
- In fact, many of my Republican colleagues did express concern in this...
Bills:
SB875
Keywords:
banking regulation, federal agencies, reputational risk, financial services, supervision, Genius Act, FIRM Act, stablecoins, bipartisan, financial regulation, national security, consumer protection, innovation
Summary:
This meeting focused on the markup of the Genius Act and the FIRM Act, two significant pieces of legislation addressing stablecoin regulation and the financial industry's regulatory framework. The Chairman noted the importance of providing clarity to the digital asset community and protecting American consumers, while also promoting innovation and competition within the financial sector. Members of both parties expressed varying viewpoints, with some highlighting concerns related to national security and the potential risks associated with stablecoins.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services Apr 7th, 2025 at 10:00 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- I am an Associate Professor of Instruction in the Accounting Department at the University of Texas at
- funds or the digital assets you have in your account on that
- doing, maybe relative to what it was, the consumer protections we put in were in response to a specific
- If a tenant is in...
- servicers in the country.
Keywords:
money services, regulation, financial services, money transmission, currency exchange, financial compliance, electronic payments, motor vehicles, convenience fee, retail installment contract, fee restrictions, eviction, credit report, tenant rights, property law, housing stability, digital assets, consumer protection, regulatory framework, public retirement systems
Summary:
The meeting of the Pensions, Investments and Financial Services Committee involved detailed discussions surrounding several key bills aimed at enhancing regulatory frameworks and consumer protections. Notably, House Bill 4233, presented by Chairman Capriglione, seeks to modernize regulations for digital asset service providers by addressing earlier ambiguities in reporting requirements while enhancing accountability for the businesses involved. The testimonies from industry stakeholders, including representatives from the Texas Blockchain Council, emphasized the need for clarity and streamlined obligations that align with consumer needs. The bill passed favorably without challenges, reflecting strong support from committee members.
Moreover, bills such as House Bill 3014 and House Bill 3474 were discussed, with both successfully moving forward to the full House. HB3014 focuses on fraudulent use of gift cards, while HB3474 deals with public retirement systems' investment reporting practices. The meeting noted several supportive public testimonies and demonstrated the committee's commitment to refining legislation that impacts Texas' financial landscape. Overall, the meeting was productive, indicating a collaborative effort toward regulatory updates in important sectors.
TX
Transcript Highlights:
- In fact, they're happening so quickly, it's hard to even account for those.
- In exercising its tax abatement authority, a county-sponsored HFC is accountable to voters, including
- This has been a real shock to the public's trust in the property tax system, has it not?
- , as this legislature has done year after year after year in my 40 years, always improving the system
- the legislature, then they can swoop in and cash it all in in one year.
Bills:
SB467, SB325, SB867, SB994, SB1052, SB1237, SB1449, SB1531, SB2063, SB2172, SB2173, SB2520, SB2529, SB2538, SB2541, SJR46, SJR84
Keywords:
county regulation, subdivision, land use, agriculture, water management, county regulation, land subdivision, agricultural use, water management, rural development, state funding, education, local governance, budget allocations, tax implications, subdivision regulation, county authority, land division, agricultural land, water management
Summary:
During this committee meeting, several critical bills were deliberated, reflecting the legislators' commitment to addressing property tax regulations and groundwater issues in Texas. Notably, Senate Bill 325 was introduced to close loopholes created by House Bill 3697, ensuring that subdivisions reliant on private roads must demonstrate groundwater availability, a move praised by representatives from environmental and public welfare organizations. The bill emphasizes the necessity for sustainable development practices to prevent future water shortages. Another significant focus was Senate Bill 2172, which aims to rectify the erroneous interpretation of the tax code regarding homestead exemptions, protecting compliant homeowners from unfair tax burdens. This cleanup bill clarifies reapplication processes for homestead exemptions to prevent confusion among appraisal districts and homeowners alike. Public testimony from various stakeholders echoed widespread support for the bills, highlighting the importance of transparency and fair administration in property-related legislation.
TX
Transcript Highlights:
- ...prior approval system in insurance.
- In '03, we made a policy decision to move to a final in use system.
- Yeah, what we're doing is we're using it to fill a lot of gaps that exist in the healthcare system.
- You stay a 340B patient because that data is in the systems and it gets rolled in, and you don't have
- My name is Frank Beaman, CEO of Faith Community Health System in Jacksonville.
Bills:
HB712, HB722, HB946, HB1687, HB1809, HB1899, HB2528, HB2583, HB2741, HB2750, HB3021, HB3150, HB3265, HB3658, HB3812, HB3960, HB4392, HB4432
Keywords:
prostate cancer, health benefit plans, insurance coverage, cost sharing, preventive health care, auto insurance, total loss evaluation, disclosure, insurance materials, vehicle appraisal, health benefits, out-of-pocket expenses, government employees, deductibles, medical services, fireworks, public safety, age requirement, permits, occupational licenses
Summary:
The House Committee on Insurance convened to discuss multiple bills aimed at enhancing consumer protection and improving access to essential services. Notable discussions included HB2528, which seeks to eliminate prior authorization requirements for medications treating substance use disorders, thereby expediting access to crucial treatments for Texans. Representative Boosie laid out HB722, addressing transparency in auto insurance valuation processes, prompting engagement from various witnesses on how current practices potentially exploit consumers. Members voiced concerns about the intersection of bureaucratic delays and the urgency of addiction treatment, emphasizing the bill's potential life-saving implications.
TX
Texas 2025 - 89th Regular
Health and Human Services (Part II) Mar 26th, 2025
Senate Health & Human Services Committee
Transcript Highlights:
- However, in no other case do we kill in anticipation of suffering, and in no other situation would such
- in Medicaid.
- In response to concerns with the CBC provider in Dallas, we also work...
- In this case, they'd be protected in a climate-controlled space.
- So in ways we are.
Bills:
SB397, SB481, SB596, SB760, SB855, SB1195, SB1196, SB1233, SB1257, SB1318, SB1368, SB1388, SB1398, SB1524, SB1558, SB1589, SB1677, SB1792, SB2034
Keywords:
data privacy, consumer rights, technology, business regulation, cybersecurity, emergency preparedness, nursing facilities, assisted living, resident safety, power outage, voting by mail, assisted living, nursing facilities, legal guardian, electoral process, foster care, medical consent, out-of-network, healthcare access, Medicaid
Summary:
The meeting of the Senate Committee on Health and Human Services addressed several significant pieces of legislation focused primarily on health and welfare issues in Texas. One of the central topics was SB1233, which aims to provide perinatal palliative care information to families receiving diagnoses of life-threatening conditions. Testimonies highlighted the importance of immediate access to support resources, as speakers shared personal experiences illustrating the emotional and medical implications of these diagnoses. Additionally, SB1368 was discussed, focusing on emergency preparedness within assisted living and nursing facilities, emphasizing the need for actionable contingency plans to protect vulnerable residents during power outages and emergencies. The committee explored how to ensure compliance with new standards while considering the realities faced by these facilities, especially in determining the appropriate levels of emergency power backup requirements.
TX
Texas 2025 - 89th Regular
Natural Resources Apr 9th, 2025 at 10:30 am
House Natural Resources Committee
Transcript Highlights:
- We've made a lot of improvements in the few years I've been there, but this system has been in existence
Yes, you take into account in permitting.
- Do you take into account health in general, sort of the average human?
- Excuse me, to be very conservative in modeling so that it accounts for things like that.
- To vindicate those rights in court without the risk that's attendant in today's system.
Bills:
HB1520, HB1525, HB1530, HB1535, HB2068, HB2091, HB2347, HB2372, HB2805, HB2815, HB2867, HB3154, HB3482, HB3483, HB3663, HB3781, HB3901, HB3915, HB4135, HB4153, HB4158, HB4329, HB4331
Keywords:
Lower Neches Valley Authority, board removal, training requirements, public testimony, complaints resolution, Sabine River Authority, board of directors, complaints, Texas Sunset Act, government oversight, ethics training, flood control, Harris County, governance, eminent domain, bonds, environmental improvements, water assistance, financial grants, Texas Water Development Board
Summary:
The Committee on Natural Resources convened to discuss two key pieces of legislation, HB2867 and HB2876, focusing on late fees associated with water and sewer services in Texas. Representative Gates laid out HB2867, highlighting the financial implications of payment deadlines and fees that disproportionately affect low-income households. He emphasized the need for limits on late payment fees to protect these vulnerable consumers from potentially abusive practices. A committee substitute was proposed to clarify some ambiguous language within the bill, aiming to promote fairness and transparency for customers. This led to a robust discussion among members and stakeholders present at the meeting, including testimony from representatives of municipal utilities who raised concerns about local control over fee structures.
TX
Texas 2025 - 89th 2nd C.S.
Senate Select Committee on Disaster Preparedness and Flooding Aug 20th, 2025
Transcript Highlights:
- So, I have no problems in practice; we have to live in the practical.
- We're going to have that in the river flood warning system. But...
- Why were there no adequate warning systems in the camp, despite a similar tragedy on the very river as
- She excelled in school and was in gifted and talented classes.
- In Hunt, we...
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 Family & Fiduciary Relationships Mar 24th, 2025 at 02:00 pm
House S/C on Family & Fiduciary Relationships
Transcript Highlights:
- So if there's drugs in the system, there's always... that I don't want to call it backup, but for the
- The next case in 2023 was in the interest of RJG, and that was just decided in December of 2023, which
- abuse in the judicial system once again.
- Amanda spoke specifically about a survivor in which their partner was held accountable.
- get in trouble.
Keywords:
digitized signature, waiver of citation, marriage dissolution, electronic notarization, family law, divorce, property division, family law, court jurisdiction, marital assets, child support, incarceration, family law, obligor, confinement, parent-child relationship, birth certificate, identity proof, Family Code, court process
Summary:
The meeting of the committee was marked by rigorous discussions focused primarily on child protection legislation, particularly HB116. The bill seeks to amend existing laws that allow for the termination of parental rights under vague circumstances, often without sufficient due process. Kate Murphy, Director of Child Protection Policy at Texans Care for Children, delivered a heartfelt testimony supporting the bill's intent to prioritize family preservation and ensure that parents facing challenges receive adequate support rather than facing punitive measures. This stirred considerable discussion among committee members about the implications of the current legal framework and how it disproportionately affects families without proven endangerment.
TX
Transcript Highlights:
- the system.
- In fact, they're happening so quickly, it's hard to even account for those.
- The two-year comparison under Section A will ensure that tax rate compression is taken into account in
- In my 40 years, we have always worked on improving the system when these issues arise.
- the legislature, then they can swoop in and cash it all in in one year.
Bills:
SB467, SB325, SB867, SB994, SB1052, SB1237, SB1449, SB1531, SB2063, SB2172, SB2173, SB2520, SB2529, SB2538, SB2541, SJR46, SJR84
Keywords:
county regulation, subdivision, land use, agriculture, water management, county regulation, land subdivision, agricultural use, water management, rural development, state funding, education, local governance, budget allocations, tax implications, subdivision regulation, county authority, land division, agricultural land, water management
Summary:
The meeting of the Senate Committee on Local Government covered various pressing bills focused primarily on property tax issues. Notable discussions included the examination of Senate Bill 1052, which addresses appraisal challenges faced by Gulf Coast counties and aims to ensure tax calculations reflect realistic revenue expectations. Witnesses from local governments expressed the necessity of this bill, highlighting the severe financial implications of tax disputes on public services and education. Additionally, the committee reviewed Senate Bill 325, which reinforces the requirement for water availability to be confirmed prior to land development, as previous loopholes allowed developers to bypass this essential regulation. Public testimonies echoed concerns around the implications of unchecked property development and emphasized the need for proper resource allocation.
TX
Transcript Highlights:
- In other words...
- want in office.
- In my first year in office, we saw a taxable value jump of a billion dollars year-over-year in oil and
- In Flower Mound, public safety accounts for over half of our general fund, and our revenue has only increased
- In my district, we deployed resources to the floods in Kerrville and to the floods here in Travis County
Keywords:
property tax, taxing units, enrollment growth, inflation rate, notice requirements, nonprofit, ad valorem tax, agriculture, youth support, educational support, Texas legislation, voter-approval, tax rate, taxing units, property tax, local government, property tax, HB17, SB10, taxpayer transparency
Summary:
The committee meeting focused on several significant bills, particularly HB17 and SB10, both of which address property tax regulations in Texas. HB17 aims to enhance transparency and accountability in taxpayer notifications regarding property tax rate changes, requiring taxing entities to provide detailed information in notices. The bill received mixed reactions, with some supporting its intention to empower taxpayers while others criticized it as an unfunded mandate. Meanwhile, SB10 proposes to lower the voter approval tax rate for larger municipalities from 3.5% to 2.5%, sparking debates about its potential impact on public safety funding and local governments' financial flexibility. The discussions delved into the challenges posed by budget constraints and the need for efficient local governance in the face of rising costs and public safety demands. Overall, the meeting was well-attended, featuring robust discussions and a variety of perspectives around key legislative initiatives affecting Texas residents.
TX
Texas 2025 - 89th Regular
Intergovernmental Affairs May 6th, 2025 at 08:05 am
House Intergovernmental Affairs Committee
Transcript Highlights:
- Really, what this bill is going to do, because we've had issues with the accountability rating system
- I sit on public ed, and we're having a new accountability system.
- So, you basically have a flawed piece in the system regarding qualifications.
- We go in, talk to the apartment owners and understand what their plans are for the system.
- And we believe in accountability, transparency, notification, and all of those things.
Keywords:
homelessness, housing services, Texas Department of Housing, municipal programs, community development, homelessness, housing programs, Texas Department of Housing, municipal administration, community initiatives, homelessness, housing program, local governments, community services, Texas Department of Housing, low income housing, tax credits, education criteria, affordable housing, housing development
Summary:
The meeting of the committee featured several active discussions regarding various bills, with notable emphasis on matters of affordable housing and local governance. House Bill 3753 was a focal point, aimed at addressing the allocation of low-income housing credits, which raised concerns among members over its implications for local communities. Representative Cunningham provided compelling arguments for the bill, emphasizing its potential benefits for teachers and residents struggling with housing issues, triggering a dialogue on transparency and accountability in housing decisions. Additionally, the committee reviewed House Bill 293, which proposed uniformity in transparency requirements across different housing tax credit programs, underscoring the complexity of legislative processes in housing development.
TX
Texas 2025 - 89th Regular
Business and Commerce (Part II) Feb 18th, 2025
Transcript Highlights:
- In terms of it's in a wallet that basically no one controls, and they're kind of...
- central bank, in my opinion.
- I saw in Mr.
- So particularly including in accounting methodologies and requirements, and that is one of the accreditation
- that are going in there, and we shouldn't be paying for that in the state of Texas.
Keywords:
clean up bills, licensing, Texas Department of Licensing and Regulation, public safety, professional integrity, massage therapy, electrician licensing
Summary:
The committee meeting included extensive discussions on a variety of bills, predominantly focusing on cleanup legislation aimed at aligning Texas laws with current practices and standards within various professional fields. Notable bills discussed included SB703, which addressed licensing consequences for massage establishments to close loopholes in existing law, and SB764, which related to improving procedures for electrician's licensing appeals. Several members expressed support for these measures, highlighting their importance in maintaining professional integrity and public safety. Public testimonies were received, offering insights and support from professionals in the fields impacted by these legislative changes.
TX
Texas 2025 - 89th Regular
89th Legislative Session Mar 26th, 2025 at 10:00 am
Texas House Floor Meeting
Transcript Highlights:
- Please bless those who serve in leadership positions in the
- In Jesus' name, amen.
- You are correct in the citation you referenced in your, I
- It was renamed Springtown in the 1870s and incorporated in 1884.
- In the playoffs, the.
Keywords:
healthcare, education, legislation, workforce development, advanced technology, Cancer Prevention, public health
Summary:
The committee meeting highlighted a series of bills focused on various legislative concerns, including healthcare, education, and regulatory measures. The discussion was notably lively, with several members expressing strong support for initiatives aimed at enhancing workforce development in the healthcare sector. Specific bills such as HB3801 and HB3803 were examined, with members detailing the benefits of establishing dedicated councils to improve local health resonating throughout the meeting. Additionally, the incorporation of advanced technologies in the education system was a focal point, particularly in relation to HB3828 regarding the Cancer Prevention and Research Institute.
TX
Texas 2025 - 89th Regular
89th Legislative Session Feb 27th, 2025 at 10:00 am
Texas House Floor Meeting
Transcript Highlights:
- We come together not in a church praying for its members but in this hallowed chamber to pray for this
- We have put our trust in you in the past and will continue to put our trust in you in the years to come
- floor was in 1995 as a ninth grader in the Texas Youth in Government Program, representing the Odessa
- Texas and in the United States.
- We are seeing this in Eagle Pass, in Del Rio, in House District 74, and I want to tell you from the..
Keywords:
Senator Judith Zaffirini, Texas Senate, public service, education, legislation, honor, mentorship
Summary:
The meeting focused on honoring Senator Judith Zaffirini for her exceptional service to the state of Texas, marking her as the first female dean of the Texas Senate. Various members spoke of her achievements, highlighting her dedication to public service and her significant impact on the community and education, particularly for students with disabilities. The atmosphere was filled with camaraderie and deep respect, as colleagues shared personal anecdotes and affirmed her role as a mentor and leader.
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:
- We sure have come a long way since I first arrived in the Senate.
- Abuse, fraud, and systemic risk.
- the system and causing harm to consumers and investors.
- Today's regulatory framework for digital assets is insufficient, in my opinion.
- there are gaps in existing securities laws with respect to digital assets.
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.