The U.S. Department of the Treasury published a risk assessment that examines vulnerabilities associated with Non-fungible Tokens (NFTs) and NFT platforms. The Treasury’s 2024 Non-fungible Token ...
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There is cautious optimism among economists about the global economy, according to the latest Chief Economists Outlook released by the World Economic Forum. The report found that 82 percent of chi...
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On Thursday, U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI), urged the U.S. Trustee program (USTP) to education borrowers and other stakeholders about new bankruptcy guidance that ma...
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Last week, the U.S. House of Representatives passed a bill that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). Unlike decentralized cryptocurrencies, like B...
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The U.S. House of Representatives passed a bill this week that seeks to provide consumer protections and regulatory certainty for digital assets. The Financial Innovation and Technology for the 21...
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The financial well-being of Americans remained unchanged last year, according to a report from the Federal Reserve Board. The Fed’s annual Economic Well-Being of U.S. Households report said that ...
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After an investigation by an independent third party, the chairman of the Federal Deposit Insurance Corporation (FDIC), Martin Gruenberg, announced that he has stepped down. The investigation was b...
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On Friday, more than 130 members of Congress lauded the new Internal Revenue Service’s (IRS) Free Direct File Program and pushed for the Biden administration to make the program permanent. In a ...
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A bipartisan group of Congress members are urging federal financial regulators to implement their respective obligations under the Financial Data Transparency Act (FDTA). The Financial Data Transpa...
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A group of U.S. senators are urging the Senate Appropriations Subcommittee on Labor, HHS, Education, and Related Agencies to fully fund the Unemployment Insurance (UI) administration. The senators ...
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