Congress is slated to vote on the $1.7 trillion omnibus appropriations package this week to fund the federal government, but as it currently stands, the SAFE Banking Act won’t be part of it. The SA...
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U.S. Sen. Shelley Moore Capito (R-WV) and Rep. Carol Miller (R-WV) introduced legislation to delay the implementation of a provision in the American Rescue Plan that lowers the threshold to receive a ...
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The U.S. Congress Joint Economic Committee (JEC) issued a report on the volatile digital asset market and the need for further protections to mitigate risks to investors and the U.S. financial system....
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The Bank Policy Institute (BPI) and The Clearing House (TCH) weighed in on two reports recently issued by the Financial Stability Board (FSB) on approaches for the oversight and regulation of digital ...
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U.S. Sens. Elizabeth Warren (D-MA) and Roger Marshall (R-KS) introduced legislation that seeks to mitigate the risks that cryptocurrency and other digital assets pose to the country’s national secur...
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U.S. Sen. Marco Rubio (R-FL) and U.S. Rep. Ro Khanna (D-CA) introduced legislation this week that seeks to rebuild critical industries by increasing coordination between federal finance programs. ...
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The Securities and Exchange Commission (SEC) charged FTX Trading co-founder and CEO Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors. Since at least May 2019, FTX, base...
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U.S. Sens. Elizabeth Warren (D-MA) and Pat Toomey (R-PA) introduced legislation that would strengthen Federal Reserve accountability and ensure that no financial regulator can withhold ethics-related ...
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The U.S. House of Representatives recently passed four bills that seek to improve various Small Business Administration (SBA) programs. “Small businesses are the beating heart of the American ec...
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U.S. Sens. Sherrod Brown (D-OH), Bob Casey (D-PA), and Chris Van Hollen (D-MD) introduced a bill in the Senate that would require companies that own an industrial loan company (ILC) to be subject to t...
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