The Financial Stability Board (FSB) has issued a series of policy proposals that seek to bolster money market funds (MMF) resilience. Recommendations designed to address the potential for destabili...
Read More
Sen. Marco Rubio (R-FL) said he has introduced legislation requiring the Department of Housing and Urban Development (HUD) to provide greater transparency regarding flood zone property purchases. Off...
Read More
Department of Justice officials said the creation of a National Cryptocurrency Enforcement Team (NCET) would draw on the agency's cyber and money laundering expertise to address cryptocurrency platfor...
Read More
U.S. Rep. Patrick McHenry (R-NC) is sponsoring legislation that seeks to ensure that the U.S. regulatory framework provides a “safe harbor” for startup digital asset projects, while maintaining im...
Read More
U.S. Reps. Patrick McHenry (R-NC) and Tom Emmer (R-MN) introduced legislation that would create a new exemption to help small businesses access capital to create jobs and rebuild from the impact of CO...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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 ...
Read More