U.S. Sens. Alex Padilla (D-CA), Elizabeth Warren (D-MA), Ron Wyden (D-OR), Jeff Merkley (D-OR) and Steve Daines (R-MT) sent a letter to U.S. Treasury Secretary Janet Yellen Friday, urging her to estab...
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U.S. Sen. Elizabeth Warren (D-MA) and U.S. Rep. Jesús “Chuy” García (D-IL) introduced a bill in Congress that would restrict consolidation in the banking industry. Their bill, the Bank Merger...
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U.S. Sen. Pat Toomey (R-PA) is urging the Treasury Department and the Federal Housing Finance Agency (FHFA) to retain taxpayer protections to guard against future bailouts of Fannie Mae and Freddie Ma...
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The U.S. Joint Economic Committee (JEC) released an issue brief this week detailing how defaulting on the federal debt would create a financial crisis on par with that of 2008. The JEC added that def...
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A group of Democratic senators introduced a bill that seeks to reform the nation’s unemployment insurance system. The Unemployment Insurance Improvement Act, S. 2865, was introduced on Monday by ...
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Rep. Lloyd Doggett (D-TX) is seeking to include the Tax Free Pell Grants Act in the House Ways and Means Committee’s portion of the Build Back Better bill. Doggett, who introduced the Tax Free Pe...
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The congressional Joint Economic Committee (JEC) held a hearing recently that looked at how home and building electrification is critical to addressing climate change and advancing economic growth. ...
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Several Democratic U.S. senators are raising concerns about what they call abuses by the creators and operators of Special Purpose Acquisition Companies, or SPACs. Sens. Elizabeth Warren (D-MA), Sh...
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The U.S. Department of the Treasury took action this week seeking to disrupt criminal networks and virtual currency exchanges responsible for ransomware attacks. The Treasury’s actions are part o...
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CME Group, which runs several leading derivatives exchanges, announced the launch of the derivatives industry's first-ever Sustainable Clearing service on Sept. 27. This new service will help marke...
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