Democrats have also raised concerns that the legislation opens the door for major corporations to issue their own private cryptocurrencies.

“Around the world, payment systems are undergoing a revolution,” said House Financial Services Chair French Hill of Arkansas as lawmakers debated the stablecoin legislation Thursday morning. Hill said the bill will “ensure American competitiveness and strong guardrails for our consumers.”

In a surprising incident, top U.S. Air Force generals were left speechless when Meta CEO Mark Zuckerberg suddenly walked into a highly classified briefing in the Oval Office. Zuckerberg’s Sudden Entry Into Oval Office Raises Eyebrows The meeting was intended to provide President Donald Trump with top-secret details on America’s next-generation stealth fighter jet —

Facebook CEO Mark Zuckerberg testified before lawmakers on Capitol Hill for roughly five hours Tuesday. Here are the highlights in around five minutes. Photo: EPA

In an extraordinary episode that reportedly left top military officials startled, Meta CEO Mark Zuckerberg unexpectedly entered a highly classified Oval Office meeting earlier this year, raising serious concerns about national security protocols.