U.S. Sen. Jacky Rosen (D-NV) is among a group of Senators urging members of the House and Senate Armed Services Committees to keep the Secure and Fair Enforcement (SAFE) Banking Act in the National De...
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U.S. Reps. Maxine Waters (D-CA) and Bill Foster (D-IL) are urging federal financial regulators to ensure that advanced technologies like artificial intelligence (AI) do not create an algorithmic bias ...
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Republican leaders in the Minnesota House of Representatives are urging Gov. Tim Walz to provide relief for businesses from upcoming unemployment insurance payroll tax increases. Due to the unpre...
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Federal bank regulatory agencies – including the Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency – issued a joint statement on their wor...
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A group of Democratic senators sent an inquiry to student loan servicing company, Maximus, which has a federal contract with the U.S. Department of Education (ED). Maximus assumed the federal contr...
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Last week, President Joe Biden nominated Jerome Powell for a second term as chair of the Board of Governors of the Federal Reserve System. The White House praised Powell for his leadership during t...
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SIFMA, a trade association for broker-dealers, investment banks, and asset managers, completed its global, industrywide Quantum Dawn VI cybersecurity exercise on Nov. 18. The goal of the Quantum Da...
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U.S. Reps. French Hill (R-AR) and Blaine Luetkemeyer (R-MO) urged the Small Business Administration to stop its direct lending efforts in a letter Wednesday. Hill, the ranking member of the Subcom...
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U.S. Sen. John Boozman (R-AR) is among a group of Senators that have expressed concern about a pilot program from the U.S. Postal Service (USPS) to implement banking services, including check-cashing....
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Legislation offered by U.S. Sens. Rob Portman (R-OH) and Joe Manchin (D-WV) requiring value for money analyses on federal transportation loans was signed into law as part of the Infrastructure Investm...
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