U.S. Sen. Elizabeth Warren (D-MA) is seeking answers from former Silicon Valley Bank CEO Greg Becker on potential efforts to roll back Dodd-Frank rules prior to the collapse of the bank. Warren sai...
Read More
A group of Democratic legislators recently forwarded correspondence to the Center for Medicare and Medicaid Services (CMS) regarding the Inflation Reduction Act's (IRA) impact on senior drug costs. ...
Read More
U.S. Reps. Jamie Raskin (D-MD) and Tim Walberg (R-MI) introduced legislation this week to reform the nation's civil asset forfeiture laws. Their bill, the Fifth Amendment Integrity Restoration Act ...
Read More
Findings from the National Federation of Independent Business (NFIB) February Small Business Optimism Index determined business owners continue to have low expectations for better business conditions....
Read More
Hercules Capital, a venture capital investment firm, issued an update on its business following the recent closure of Silicon Valley Bank, a major bank for VC investors. Officials at the Palo Alto...
Read More
Data, technology, and market infrastructure provider Intercontinental Exchange (ICE) is touting the availability of Blue Ocean Technologies’ real-time data feed for domestic equities trading on the ...
Read More
U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) recently forwarded correspondence to President Joe Biden, advocating for the European Union (EU) digital regulations policy to be examined for unfairl...
Read More
The National Association of Federally-Insured Credit Unions (NAFCU) is among a group of organizations that have forwarded correspondence to the Federal Communications Commission (FCC) regarding robote...
Read More
Federal regulators took various actions over the weekend to protect depositors and limit the financial impact of the failure of Silicon Valley Bank. The Santa Clara, Calif.-based bank, the 16th large...
Read More
The House of Representatives Ways and Means Committee has favorably reported out the Default Prevention Act, which would prevent national debt default. Additionally, bill proponents indicated the m...
Read More
Findings from the National Federation of Independent Business (NFIB) February 2023 jobs report maintain there were record small business job vacancies. The NFIB noted the report is based on 626 res...
Read More
U.S. Sens. Bill Cassidy, M.D. (R-LA) and Cindy Hyde-Smith (R-MS) introduced legislation that seeks to protect policyholders from higher National Flood Insurance Program (NFIP) premiums until the Feder...
Read More
The Blockchain Association outlined fundamental principles for effective stablecoin legislation in a letter submitted to the U.S. House Committee on Financial Services last week. Association offici...
Read More
U.S. Rep. Blaine Luetkemeyer (R-MO) has introduced three bills he maintains would deliver Consumer Financial Protection Bureau (CFPB) reform. “The CFPB is our country’s most economically danger...
Read More
The Independent Community Bankers of America (ICBA) is urging the federal government to conduct research on the effects of digital assets on community banks and their customers. In a letter to the ...
Read More
Three legislators recently forwarded correspondence to the American Bankers Association (ABA), citing concerns regarding increasing check fraud scams. U.S. Sen. Sherrod Brown (D-OH), chairman of th...
Read More
U.S. Sens. Ben Cardin (D-MD) and Joni Ernst (R-IA) are urging the Small Business Administration (SBA) to rework proposed changes to its loan underwriting program that would allow financial technology ...
Read More
Senate Finance Committee Chair Sen. Ron Wyden (D-OR) has introduced legislation he said would offer first-time homebuyers a down payment tax credit and expand homeownership opportunities. Proponent...
Read More
A bill was introduced in the U.S. House this week that seeks to update the digital asset reporting provisions in the Infrastructure Investment and Jobs Act, which has been signed into law. The bil...
Read More
The Consumer Financial Protection Bureau (CFPB) and the National Labor Relations Board (NLRB) are partnering to address practices that harm workers in the “gig economy” and other labor markets. ...
Read More