Republican members of the House Financial Services Committee introduced legislation that seeks to further isolate Russia from the international financial system in response to Russiaʻs invasion of Uk...
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U.S. Reps. Juan Vargas (D-CA) and Anthony Gonzalez (R-OH) recently joined 15 colleagues in introducing a measure that seeks to update the Federal Credit Union Act. Vargas and Gonzalez spearheaded t...
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A bill was introduced in the U.S. Senate that would streamline how consumers consent to receive electronic documents such as bank statements, account information, and contracts. The Electronic Sig...
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The U.S. Department of the Treasury issued national risk assessments (NRAs) outlining the most significant illicit finance threats, vulnerabilities, and risks facing the United States. Specifical...
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A group of lawmakers is urging the International Monetary Fund (IMF) to prevent member countries from facilitating exchanges of Russia’s Special Drawing Rights (SDRs). The IMF created the SDR as...
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U.S. Sens. Roy Blunt (R-MO) and Jeff Merkley (D-OR) introduced legislation that would ban Internal Revenue Service (IRS) use of biometric recognition technology. The No Facial Recognition at the IR...
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U.S. Rep. Bill Huizenga (R-MI) has voiced his support for the decision by the New York Stock Exchange (NYSE) and Nasdaq to temporarily halt trading in the stocks of Russia-based companies listed on th...
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The U.S. Securities and Exchange Commission (SEC) has proposed a rule to increase the public availability of short sale data, providing greater transparency for investors and regulators. The propo...
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U.S. Reps. French Hill (R-AR) and Steve Cohen (D-TN) recently introduced the Protecting American Business from Foreign Adversaries Act (H.R. 6775), which seeks to protect American business and securit...
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Credit unions and financial institutions should be on heightened alert for cyberattacks as a potential result of Russia’s invasion of Ukraine, federal officials said. The U.S. Department of Home...
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