A group of congressional Republicans is seeking answers from the Securities and Exchange Commission (SEC) on a proposed rule to prevent the use of artificial intelligence (AI) technologies by broker-d...
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California Gov. Gavin Newsom is urging the state’s insurance commissioner to take steps to stabilize and improve the property insurance marketplace in the state. This call comes as climate change...
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Several leading financial groups, including the Consumer Bankers Association (CBA), voiced their opposition this week to a bill introduced in the U.S. Senate that would cap credit card interest rates....
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On Tuesday, the Consumer Financial Protection Bureau (CFPB) released guidelines for lenders to adhere to when using artificial intelligence and other models to deny consumers credit. The guidance ...
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A report U.S. Government Accountability Office (GAO) examines security risks to the safety of confidential taxpayer information at the Internal Revenue Service (IRS). The GAO report identifies do...
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The Securities and Exchange Commission (SEC) has charged a leading ride share company with a disclosure violation. The SEC charged Lyft Inc. for failing to disclose a company board director’s ro...
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A new survey and economic analysis from the U.S. Chamber of Commerce looks at the impact that technology platforms have on small businesses and the economy. This analysis found that high technology a...
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Many retirement investors are prioritizing retirement income and asset protection more than growth, according to new research from the Insured Retirement Institute (IRI). The study, which polled f...
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U.S. Sens. Ron Wyden (D-OR), Sherrod Brown (D-OH), and Bill Cassidy (R-LA) introduced legislation to reform the Supplemental Security Income (SSI) program. The SSI Savings Penalty Elimination Act w...
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The Consumer Bankers Association and the Bank Policy Institute reached out to federal government agencies on what they perceive as misconceptions about medical payment products. The misconceptions ...
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