US Senate Committee to Weigh Crypto Bill in Milestone for Digital Assets

May 14 (Reuters) – The Republican-led Senate Banking Committee on Thursday ⁠is ⁠set to consider long-awaited legislation that would ⁠create regulations for cryptocurrencies – a landmark step for the bill which has been bogged down ​by a dispute between crypto companies and banks. The Clarity Act would clarify regulators’ jurisdiction over the sector. Thursday’s “mark-up,” …

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Sneak peek: The Man with Two Names

After a conviction in the arson death of a billionaire in Monaco, Ted Maher changes his name and puts out a hit on his estranged wife in New Mexico. He denies it all. “48 Hours” correspondent Erin Moriarty reports Saturday, May 16 at 10/9c on CBS and streaming on Paramount+.

Vance Is Set to Speak in Maine About Fraud Investigations Ahead of Primary Election

BANGOR, Maine (AP) — Vice President JD Vance is slated to make an appearance in Maine on Thursday to highlight the Trump administration’s efforts to combat fraud ahead of the state’s primary elections for several high-profile races. Vance, who chairs the administration’s anti-fraud task force, is scheduled to deliver remarks at Bangor International Airport, the …

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Jeffries’ Job Grows More Difficult in Race for House and Speaker’s Gavel

The net tally of seats gained and lost was essentially a wash. “F— around and find out,” said Jeffries after the election victory. The shifting political prospects have been a wake-up call for Democrats, who have been favored to win back the House this November, riding the wave of President Donald Trump’s dipping approval ratings, …

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China Will Do What It Can to Reopen Strait of Hormuz, Bessent Says

WASHINGTON, May 14 (Reuters) – ⁠U.S. ⁠Treasury Secretary ⁠Scott Bessent said ​on Thursday that reopening the ‌Strait of Hormuz ‌is in ⁠China’s ⁠best interests and he believes Beijing ​will do what it can to reopen ​the waterway. “I think they’re going ⁠to do ⁠what they ⁠can,” Bessent ​said in an interview with ​CNBC. “China, ⁠it’s …

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Philippine Senator Wanted by the International Criminal Court Flees From Senate

MANILA, Philippines (AP) — A Philippine senator wanted by the International Criminal Court for an alleged crime against humanity has fled from the Senate, where he sought refuge to evade arrest, officials said Thursday. Sen. Ronald dela Rosa ’s exit from the heavily guarded Senate came after volleys of gunshots were fired Wednesday night by …

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Putin Visit to China Will Take Place Very Soon, Kremlin Says

MOSCOW, May ⁠14 (Reuters) – ⁠Russian President ⁠Vladimir Putin will ​visit China very ‌soon and preparations ‌for ⁠the ⁠trip are already complete, Kremlin spokesman ​Dmitry Peskov said on Thursday. Putin ​and Chinese President Xi ⁠Jinping ⁠have met ⁠more than ​40 times over the ​years, ⁠most recently in Beijing last September. The ⁠two men signed a …

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Pope Leo Decries European Military Spending as ‘Betrayal’ of Diplomacy

ROME, May 14 (Reuters) – Pope Leo ⁠on ⁠Thursday decried rising European military ⁠spending, which grew last year by the highest amount ​since the end of the Cold War amid pressure from U.S. President Donald Trump, ‌saying it was a betrayal ‌of diplomacy. Leo, who has drawn Trump’s ire in recent weeks after criticizing ⁠the …

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