Caroline Pham, acting chair of the Commodity Futures Trading Commission (CFTC), praised a new policy by the Justice Department policy that ends the practice of regulation by prosecution in the digital...
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Banking customers are overwhelmingly pleased with their banks according to a new survey conducted by Morning Consult for the American Bankers Association (ABA). The survey found that 89 percent of ...
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Activist investment firm Ancora Holdings Group LLC on Monday said it filed a proxy statement with the U.S. Securities and Exchange Commission to nominate nine candidates for election to U.S. Steel’s...
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A bill that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC) was passed out of the House Financial Services Committee last week. The Anti-CBDC Surveillance Stat...
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The Conference of State Bank Supervisors (CSBS) expressed its concerns about legislation in Congress related to stablecoins. In a letter to the leaders of the House Financial Services Committee, CS...
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Republicans that serve on the House Financial Services Committee commended the Securities and Exchange Commission (SEC) for its recent decision to rescind Staff Legal Bulletin (SLB) No. 14L. Staff...
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U.S. Sens. Elizabeth Warren (D-MA) and Mark Warner (D-VA) are asking the Government Accountability Office to investigate recent activities by Elon Musk’s Department of Government Efficiency at the S...
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The U.S. Senate passed a resolution last week to overturn the Consumer Financial Protection Bureau’s (CFPB) rule that would cap overdraft fees at $5 for large banks and credit unions. The overdr...
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President Donald Trump issued an executive order that seeks to mandate a transition to electronic payments for all Federal disbursements and receipts. The order states that the use of paper-based ...
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Credit conditions in the U.S. have worsened for the first time in five months and are expected to weaken over the next six months, according to the American Bankers Association’s Credit Conditions I...
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