U.S. Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) introduced legislation that expands deposit insurance coverage for noninterest-bearing transaction accounts. The Main Street Depositor Pr...

The U.S. Commodity Futures Trading Commission (CFTC) launched a task force dedicated to advancing clear rules for innovators building novel products and technologies within U.S. derivatives markets. ...

U.S. Sens. Chris Coons (D-DE) and Lisa Murkowski (R-AK) introduced legislation recently to address fraudulent credit repair scams that exploit consumers with false promises and high fees. The legi...

The Trump administration recently issued a national legislative framework for the use of artificial intelligence or AI. This framework addresses six key objectives: Protecting Children and Emp...

Federal bank regulatory agencies are seeking public comments on three proposals to modernize the regulatory capital framework for banks of all sizes. The proposals would streamline capital requirem...

U.S. Sens. Bill Cassidy, M.D. (R-LA) and Pete Ricketts (R-NE) introduced legislation in the U.S. Senate that seeks to prohibit members of Congress, their spouses, and dependent children from purchasin...

The U.S. House of Representatives passed bipartisan legislation to reauthorize the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for five years. T...

U.S. President Donald Trump signed an executive order recently that directs the Consumer Financial Protection Bureau (CFPB) to appropriately tailor mortgage rules to help enable smaller banks to facil...

The U.S. Senate passed the 21st Century Renewing Opportunity in the American Dream, or ROAD, to Housing Act last week by a large margin with bipartisan support. The 21st Century ROAD to Housing Ac...