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Lummis-Gillibrand Responsible Financial Innovation Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
91pct
161d open
vs 5,357 other S bills in the 117th — cohort avg 38d
Lummis-Gillibrand Responsible Financial Innovation Act This bill provides for the regulation of digital assets. The bill delineates the jurisdiction over digital assets held by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). For example, the bill provides that the SEC has jurisdiction over digital assets that provide their holders with financial interest in a business entity, while the CFTC has jurisdiction over digital assets that do not. In addition, digital asset exchanges are allowed to register with the CFTC. Under the bill, depository institutions are allowed to issue payment stablecoins. The bill sets forth requirements, including that institutions must hold in reserves 100% of the value of all outstanding stablecoins and allow stablecoins to be redeemed on a one-to-one basis. The bill also provides for the tax treatment of digital assets, including an exemption from income tax for purchases using digital assets that result in a gain or loss of $200 or less. Finally, the bill provides for various reports, studies, and consumer protection standards.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2026 · first_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities COnsumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: $20,000
2026 · first_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: $20,000
2025 · fourth_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: $20,000
2025 · fourth_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities COnsumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: $20,000
Systemic risk legislation, including the relevant provisions of H.R.3682, the Financial Stability Oversight Council Improvement Act of 2025, and S.3578, a bill to amend the Financial Stability Oversight Council to consider alternative approaches before determining that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System, and for other purposes; e-delivery, including the relevant provisions of H.R.2441, the Improving Disclosure for Investors Act of 2025, and S.1877, the Improving Disclosure for Investors Act of 2025; digital assets, including the relevant provisions of S.4356, the Lummis-Gillibrand Responsible Financial Innovation Act; escheatment; equity market structure and trading regulation; systemic risk regulation; asset management regulation.
Client expense: $670,000 · Firm income: Not reported
| Senate |
| Referred to |
| June 7, 2022 |
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2025 · third_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: Not reported
2025 · third_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities COnsumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: Not reported
2025 · second_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: Not reported
2025 · second_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities COnsumer Protection Act of 2022 (generally, no specific provisions)
Client expense: Not reported · Firm income: Not reported
2024 · fourth_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2024 · fourth_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2024 · fourth_quarter · Financial Institutions/Investments/Securities
Specific Legislation: S. 2355 - Crypto Asset National Security Enhancement and Enforcement (CANSEE) Act (AML legislation); S. 2669 -- Digital Asset Anti-Money Laundering Act (DAAMLA)(legislation related to BSA, AML, KYC for crypto); S. 4155 -- Lummis-Gillibrand Payment Stablecoin Act (federal stablecoin legislation); S. 4356 -- Lummis-Gillibrand Responsible Financial Innovation Act (comprehensive crypto bill); H.R. 4763 -- Financial Innovation and Technology for 21st Century (FIT) Act (comprehensive crypto legislation); H.R. 4766 - Clarity of Payment Stablecoins Act; H.R. 5741, the Uniform Treatment of Custodian Assets Act (rescinds SAB 121); H.J. Res. 109 (rescinds SAB 121); Draft stablecoin and crypto market structure legislation (not yet introduced). Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); and Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121) - new accounting requirement for digital-asset custody.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2024 · fourth_quarter · Postal
Public Law 117-108-"Postal Service Reform Act"-the NRLCA has been working with the USPS and OPM regarding the Medicare Integration provision that begins in 2025 for all active postal employees under the age of 64 as of December 31, 2024. H.R. 3721-"United States Postal Service Shipping Equity Act"-legislation would give the USPS the authority to deliver alcoholic beverages. The NRLCA endorsed this legislation. H. Res 439-a house resolution expressing the sense of the House the USPS should remain an independent agency and not privatized. The NRLCA endorsed this resolution H.R. 1439-"Vote at Home Act of 2023"-legislation expands voting by mail in federal elections and provides for automatic voter registration through the state motor vehicle authorities. The NRLCA has not taken a position on this bill. S. 700-"Vote at Home Act of 2023"-Senate companion bill to H.R. 1439, the bill expands voting by mail in federal elections and provides for automatic voter registration through the state motor vehicle authorities. The NRLCA has not taken a position on this bill. S. 3356-"Postal Police Reform Act of 2023"- legislation that would modify the role and duties Postal Service police officers preform. The NRLCA has not taken a position on this bill. H.R. 7629- "Protect Our Letter Carriers Act of 2024"- legislation that appropriates money to install high security collection boxes, replaces arrow key with an electronic version, appoints an assistant US attorney to coordinate and supervise the investigations and prosecution of crimes committed against postal employees, and amends sentencing guidelines to assaults and robberies against postal employees to be treated the same as an assault against law enforcement officers. The NRLCA endorsed this bill. S. 4356-"Protect Our Letter Carriers Act of 2024"-Senate counterpart to H.R. 7629, the bill appropriates money to install high security collection boxes, replaces arrow key with an electronic version, appoints an assistant US attorney to coordinate and supervise the investigations and prosecution of crimes committed against postal employees, and amends sentencing guidelines to assaults and robberies against postal employees to be treated the same as an assault against law enforcement officers. The NRLCA endorsed this bill. H.R. 7527-"Mail Traffic Deaths Reporting Act"-legislation that would require the USPS to issue regulations to mandate the collecting, tracking, and public reporting of information related to deaths and injuries resulting from traffic crashes involving vehicles transporting the mail. The NRLCA has not taken a position on this bill. S. 5069-"USPS Shipping Equity Act"-Senate companion bill to H.R. 3721, legislation would give the USPS the authority to deliver alcoholic beverages. The NRLCA endorsed this legislation. S. 5080-"Postmaster General Reform Act of 2024"-would make the USPS Postmaster General position presidentially appointed and Senate confirmed with two 5-year terms maximum. The NRLCA opposed this legislation.
Client expense: $67,310 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Office of Personnel Management (OPM), SENATE, U.S. Postal Service (USPS)
2024 · fourth_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA) - legislation related to BSA/ AML/ KYC for crypto; H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121. S. 4155 Lummis-Gillibrand Payment Stablecoin Act - federal stablecoin legislaiton; additional stablecoin and crypto market structure legislation not yet introduced.
Client expense: $130,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2024 · fourth_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA) - legislation related to BSA/ AML/ KYC for crypto; H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121. S. 4155 Lummis-Gillibrand Payment Stablecoin Act - federal stablecoin legislaiton; additional stablecoin and crypto market structure legislation not yet introduced; SEC Broker Disclosure Rule - tax disclosures related to "brokerage activities." ("Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions")
Client expense: $130,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2024 · third_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2024 · third_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2024 · third_quarter · Financial Institutions/Investments/Securities
S. 4155 -- Lummis-Gillibrand Payment Stablecoin Act (federal stablecoin legislation); S. 4356 -- Lummis-Gillibrand Responsible Financial Innovation Act (comprehensive crypto bill); H.R. 4763 -- Financial Innovation and Technology for 21st Century (FIT) Act (comprehensive crypto legislation); H.R. 5741, the Uniform Treatment of Custodian Assets Act (rescinds SAB 121); H.J. Res. 109 (rescinds SAB 121); Draft stablecoin and crypto market structure legislation (not yet introduced). Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); and Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121) - new accounting requirement for digital-asset custody.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2024 · third_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA) - legislation related to BSA/ AML/ KYC for crypto; H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121. S. 4155 Lummis-Gillibrand Payment Stablecoin Act - federal stablecoin legislaiton; additional stablecoin and crypto market structure legislation not yet introduced; SEC Broker Disclosure Rule - tax disclosures related to "brokerage activities." ("Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions")
Client expense: $150,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2024 · third_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA) - legislation related to BSA/ AML/ KYC for crypto; H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121. S. 4155 Lummis-Gillibrand Payment Stablecoin Act - federal stablecoin legislaiton; additional stablecoin and crypto market structure legislation not yet introduced.
Client expense: $150,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2024 · third_quarter · Postal
Public Law 117-108-"Postal Service Reform Act"-the NRLCA has been working with the USPS and OPM regarding the Medicare Integration provision that begins in 2025 for all active postal employees under the age of 64 as of December 31, 2024. H.R. 3721-"United States Postal Service Shipping Equity Act"-legislation would give the USPS the authority to deliver alcoholic beverages. The NRLCA endorsed this legislation. H. Res 439-a house resolution expressing the sense of the House the USPS should remain an independent agency and not privatized. The NRLCA endorsed this resolution H.R. 1439-"Vote at Home Act of 2023"-legislation expands voting by mail in federal elections and provides for automatic voter registration through the state motor vehicle authorities. The NRLCA has not taken a position on this bill. S. 700-"Vote at Home Act of 2023"-Senate companion bill to H.R. 1439, the bill expands voting by mail in federal elections and provides for automatic voter registration through the state motor vehicle authorities. The NRLCA has not taken a position on this bill. S. 3356-"Postal Police Reform Act of 2023"- legislation that would modify the role and duties Postal Service police officers preform. The NRLCA has not taken a position on this bill. H.R. 7629- "Protect Our Letter Carriers Act of 2024"- legislation that appropriates money to install high security collection boxes, replaces arrow key with an electronic version, appoints an assistant US attorney to coordinate and supervise the investigations and prosecution of crimes committed against postal employees, and amends sentencing guidelines to assaults and robberies against postal employees to be treated the same as an assault against law enforcement officers. The NRLCA endorsed this bill. S. 4356-"Protect Our Letter Carriers Act of 2024"-Senate counterpart to H.R. 7629, the bill appropriates money to install high security collection boxes, replaces arrow key with an electronic version, appoints an assistant US attorney to coordinate and supervise the investigations and prosecution of crimes committed against postal employees, and amends sentencing guidelines to assaults and robberies against postal employees to be treated the same as an assault against law enforcement officers. The NRLCA endorsed this bill. H.R. 7527-"Mail Traffic Deaths Reporting Act"-legislation that would require the USPS to issue regulations to mandate the collecting, tracking, and public reporting of information related to deaths and injuries resulting from traffic crashes involving vehicles transporting the mail. The NRLCA has not taken a position on this bill. S. 5069-"USPS Shipping Equity Act"-Senate companion bill to H.R. 3721, legislation would give the USPS the authority to deliver alcoholic beverages. The NRLCA endorsed this legislation.
Client expense: $125,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Office of Personnel Management (OPM), SENATE, U.S. Postal Service (USPS)
2024 · second_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2024 · second_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2024 · second_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121; Broker Disclosure Requirements from Public Law 117-58; H.J. Res. 109 - rescinds SAB 121; IRS Proposed Broker Disclosure Rule - disclosure requirements digital asset "brokers"
Client expense: $100,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2024 · second_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121.
Client expense: $100,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2024 · second_quarter · Postal
Public Law 117-108-"Postal Service Reform Act"-the NRLCA has been working with the USPS and OPM regarding the Medicare Integration provision that begins in 2025 for all active postal employees under the age of 64 as of December 31, 2024. H.R. 3721-"United States Postal Service Shipping Equity Act"-legislation would give the USPS the authority to deliver alcoholic beverages. The NRLCA endorsed this legislation. H. Res 439-a house resolution expressing the sense of the House the USPS should remain an independent agency and not privatized. The NRLCA endorsed this resolution H.R. 1439-"Vote at Home Act of 2023"-legislation expands voting by mail in federal elections and provides for automatic voter registration through the state motor vehicle authorities. The NRLCA has not taken a position on this bill. S. 700-"Vote at Home Act of 2023"-Senate companion bill to H.R. 1439, the bill expands voting by mail in federal elections and provides for automatic voter registration through the state motor vehicle authorities. The NRLCA has not taken a position on this bill. S. 3356-"Postal Police Reform Act of 2023"- legislation that would modify the role and duties Postal Service police officers preform. The NRLCA has not taken a position on this bill. H.R. 7629- "Protect Our Letter Carriers Act of 2024"- legislation that appropriates money to install high security collection boxes, replaces arrow key with an electronic version, appoints an assistant US attorney to coordinate and supervise the investigations and prosecution of crimes committed against postal employees, and amends sentencing guidelines to assaults and robberies against postal employees to be treated the same as an assault against law enforcement officers. The NRLCA endorsed this bill. S. 4356-"Protect Our Letter Carriers Act of 2024"-Senate counterpart to H.R. 7629, the bill appropriates money to install high security collection boxes, replaces arrow key with an electronic version, appoints an assistant US attorney to coordinate and supervise the investigations and prosecution of crimes committed against postal employees, and amends sentencing guidelines to assaults and robberies against postal employees to be treated the same as an assault against law enforcement officers. The NRLCA endorsed this bill. H.R. 7527-"Mail Traffic Deaths Reporting Act"-legislation that would require the USPS to issue regulations to mandate the collecting, tracking, and public reporting of information related to deaths and injuries resulting from traffic crashes involving vehicles transporting the mail. The NRLCA has not taken a position on this bill.
Client expense: $125,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Office of Personnel Management (OPM), SENATE, U.S. Postal Service (USPS)
2024 · first_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121; Broker Disclosure Requirements from Public Law 117-58; H.J. Res. 109 - rescinds SAB 121; IRS Proposed Broker Disclosure Rule - disclosure requirements digital asset "brokers"
Client expense: $100,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2024 · first_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121.
Client expense: $100,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2024 · first_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2024 · first_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · fourth_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · fourth_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · fourth_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121; Broker Disclosure Requirements from Public Law 117-58.
Client expense: $110,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2023 · fourth_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121.
Client expense: $110,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2023 · third_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · third_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · third_quarter · Financial Institutions/Investments/Securities
H.R. 4763, Financial Innovation and Technology for the 21st Century Act; All Provisions H.R. 4766, Clarity for Payment Stablecoins Act of 2023; Provisions related regulatory framework for digital assets S.2355 Crypto-Asset National Security Enhancement and Enforcement Act of 2023; All Provisions S.4356 - Lummis-Gillibrand Responsible Financial Innovation Act (117th Congress); All provisions of the bill Matters related to gross proceeds and basis reporting IR-2023-153; Matters related to reporting sales and exchanges of digital assets Matters related to gross proceeds and basis reporting NDAA - Lummis-Gillibrand-Warren-Marshal amendment Issues related to digital assets market structure Issues related to digital assets tax
Client expense: $750,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2023 · third_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)).
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2023 · third_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)).
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2023 · second_quarter · Financial Institutions/Investments/Securities
S.4356 - Lummis-Gillibrand Responsible Financial Innovation Act (117th Congress); All provisions of the bill McHenry/Thompson Market Structure Bill; Discussions regarding draft digital asset market structure legislation Matters affecting Digital Asset Market Structure Proposal Matters affecting Stablecoins Matters affecting proposed rule changes to enhance protections of customer assets managed by registered investment advisors Matters affecting digital currency and assets Matters affecting Securities and Exchange Commission budget request/appropriations Regulatory Matters impacting digital currency
Client expense: $710,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2023 · second_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · second_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · second_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); Draft legislation on stablecoins and crypto market structure reform.
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2023 · second_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); Draft legislation on stablecoins and crypto market structure reform.
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2023 · first_quarter · Financial Institutions/Investments/Securities
General issues related to stablecoins and digital assets; S 4760, Digital Commodities Consumer Protection Act of 2022, and S. 4356, Responsible Financial Innovation Act, issues related to digital assets; HR 835, Fair Investment Opportunities for Professional Experts Act, issues related to the definition of accredited investor; general issues related to credit card interchange.
Client expense: $620,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2023 · first_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · first_quarter · Financial Institutions/Investments/Securities
Issues and policies related to blockchain and Web3 (generally, no specific legislation) s.4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions) S.4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specfic provisions)
Client expense: Not reported · Firm income: Not reported
2023 · first_quarter · Financial Institutions/Investments/Securities
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121) - new accounting requirement for digital-asset custody; S. 5340, Stablecoin TRUST Act - Stablecoin legislation; S. 4760/ H.R. 8950 - Digital Commodities Consumer Protection Act - CFTC regulation of "digital commodities"; H.R. 7614, the Digital Commodity Exchange Act- CFTC regulation of crypto
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2023 · first_quarter · Banking
S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121) - new accounting requirement for digital-asset custody; S. 5340, Stablecoin TRUST Act - Stablecoin legislation; S. 4760/ H.R. 8950 - Digital Commodities Consumer Protection Act - CFTC regulation of "digital commodities"; H.R. 7614, the Digital Commodity Exchange Act- CFTC regulation of crypto; General issues related to the debanking of specific industries.
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2022 · fourth_quarter · Science/Technology
Issues and policies related to blockchain and Web3 (generally, no specific legislation) S. 4760, Digital Commodities Consumer Protection Act of 2022 (generally, no specific provisions) S. 4356, Lummis-Gillibrand Responsible Financial Innovations Act (generally, no specific provisions)
Client expense: Not reported · Firm income: Not reported