Our Scans · (FS.7.03) United States Legislation · Weekly Summary

• Democrats in the US senate are threatening to vote against funding legislation that includes money for the Homeland Security Department that oversees ICE in the wake of the shooting over the weekend in Minneapolis, with raises the risk of a partial shutdown. ADM Investor Services
• This month, House Republicans passed one of the most extreme anti-trans bills in modern American history, advancing legislation that would criminalize gender-affirming medical care for transgender youth and threaten doctors with severe penalties for providing evidence-based treatment. Washington Blade: LGBTQ News, Politics, LGBTQ Rights, G
• Analysts expect further expansion as regulatory clarity improves in major markets, including through proposed US legislation such as the GENIUS Act. Business Insider Africa
• RSI strongly supports, H.R. 2515, the American Tank Car Modernization Act, bipartisan legislation that would authorize federal investment to expand the use of telematics and sensor technologies across the freight rail fleet. RSI
• Tip from N-iX: While sovereign offerings from US hyperscalers reduce risk, they do not fully eliminate exposure to the US CLOUD Act and similar extraterritorial legislation. Software Development Company - N-iX
• The purpose of the FDA directive appears to be related to how federal law will distinguish between legal hemp products under a new, narrower definition in the recently enacted legislation and marijuana, which remains illegal under US law. Filter
• Members in the US House of Representatives have quickly passed legislation to provide to Ukraine and Israel and bolster Taiwan while also threatening a ban on TikTok if it fails to divest from Beijing. RTE
• US Senator Lindsey Graham introduced legislation right before the Congress recess in August that would authorize President Joe Biden to use military force against Iran if he determines that Iran has capabilities that threaten the national security interests of the United States. The Automatic Earth
• President Joe Biden recently signed into law legislation that could see TikTok banned in the US. Insider
• The US Congress will actually pass legislation addressing some AI risks at the federal level. National Law Review
• US midterm elections could reshape Congress and determine whether current crypto legislation keeps moving forward. Coinpedia Fintech News
• If global regulatory uncertainty or restrictive US political developments, such as Senate resistance to pro-crypto legislation, continue, momentum could slow down. cryptonews
• The Inflation Reduction Act continues to support strong EV growth in the US, and the EU's response with the Critical Raw Materials Act and legislation to support EV penetration rates will continue to support cobalt demand from the EV sector. FastMarkets
• With Republicans now holding a majority in the House, EU sources are not optimistic that the Biden administration will manage to get legislation through Congress to bring the US into line with Pillar Two, the minimum corporate tax rate. The Irish Times
• The US is going to declare bitcoin a strategic reserve asset, either through the absorption of confiscated bitcoin or bipartisan legislation that could lead the US Treasury Department to buy up to another million bitcoin. Yahoo Finance
• The ongoing push for regulatory clarity, exemplified by proposed legislation like the GENIUS Act in the US, could further legitimize compliant stablecoin operations, transforming them into robust fintech institutions. Call & Times

Last updated: 10 March 2026