WASHINGTON—United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today introduced the Prevent Regulatory Overreach from Turning Essential Companies into Targets (PROTECT USA) Act of 2025, legislationto shield U.S. companies from the European Union’s (EU) harmful extraterritorial regulations. In May 2024, the EU adopted the Corporate Sustainability...

‘President Trump and Secretary Wright must apply their best-in-class leadership to rescue TVA from itself…We won’t be satisfied by half-measures. Nor will President Trump. Nor will the American people. The time for bold action is now.’ You may have heard of the Tennessee Valley Authority (TVA), our nation’s largest public...

WASHINGTON—United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relations Committee and former U.S. Ambassador to Japan, today introduced former U.S. Ambassador to Portugal George Glass, nominee to be U.S. Ambassador to Japan, former U.S. Ambassador to the Netherlands Pete Hoekstra, nominee to be U.S. Ambassador to...

The Hagerty-led bill is the first major legislation to establish a clear regulatory framework for payment stablecoins WASHINGTON—United States Senators Bill Hagerty (R-TN), a member of the Senate Banking Committee, Tim Scott (R-SC), Chairman of the Senate Banking Committee, Kirsten Gillibrand (D-NY), Cynthia Lummis (R-WY), and Angela Alsobrooks (D-MD) today...

WASHINGTON—United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee and the Senate Banking Subcommittee on Digital Assets, today delivered opening remarks at a markup of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, legislation he introduced to establish a clear regulatory framework for...

WASHINGTON—United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today introduced the Prevent Regulatory Overreach from Turning Essential Companies into Targets (PROTECT USA) Act of 2025, legislationto shield U.S. companies from the European Union’s (EU) harmful extraterritorial regulations. In May 2024, the EU adopted the Corporate Sustainability...