Circle Internet Group Inc.’s shares jumped 20% on Friday after Seaport Global gave the stablecoin issuer its first buy rating in the wake of the US Senate’s move this week to pass legislation setting up regulatory rules for cryptocurrencies pegged to the dollar.

Shares of the first publicly-traded stablecoin company Circle continued to surge on Friday after the Senate passed legislation that would establish a regulatory framework for stablecoins, a type of cryptocurrency designed to maintain a value in line with the U.

Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act.

Senate Republicans are taking Medicaid cuts even further than their House counterparts with legislation that targets hospital payments.

Senate Republicans say they are looking for ways to safeguard rural hospitals from proposed cuts to a key Medicaid funding method, amid concerns from the powerful hospital lobby and others that the budget reconciliation bill could force many facilities to close.

The Senate returns next week with critical choices on Medicaid policies that could cost hospitals billions of dollars and lead to millions losing coverage.

The legislation now goes to the House, which passed a different version of the bill that would also ban the possession of assault-style weapons.

The R.I. Senate approved its version of the assault weapons ban Friday, sending it back over to the House. In the fog of jurisdictional war, the legal battle between Donald Trump & Gavin Newsom over troops on the ground the streets in Los Angeles took a judicial pause today Just hours after an Appeals Court shut down the California Governor’s attempt to obtain a temporary restraining order on POTUS’ control of National Guard troops,