US regulatory agencies missed the rulemaking deadline under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act on Saturday, which marked one year since the law was signed. Several US regulatory agencies published proposed rules and collected public feedback during the past year, but no final regulations were issued before the deadline.These agencies include the Department of the Treasury, the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board, which issued proposed rules but no final rules, according to rulemaking trackers by law firm Chapman and crypto investment company…

Across the country, progressive politicians continue to push for an ever-higher minimum wage. Whether it’s New York City’s Mamdani-led pursuit of $30 by ’30, L.A.’s $30 “Olympic wage” for hotel workers, or Seattle’s minimum wage for the gig economy, it’s clear that the fight to raise the minimum is only escalating. Now, congressional Democrats have waded into the debate with the introduction of the Living Wage for All Act, spearheaded by Sen. Chris Murphy (D–Conn.). Sen. Murphy’s bill has garnered attention for seeking to increase the federal minimum wage from its current level at $7.25 per hour all the way up to a $25…

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