A trio of lawmakers in the U.S. House of Representatives have joined 37 colleagues in advocating for Paycheck Protection Program (PPP) reform initiatives. Reps. Chrissy Houlahan (D-PA), Judy Chu (D...
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California Gov. Gavin Newsom has signed several bills seeking to strengthen the state's cannabis laws while also expanding the legal cannabis market and redressing cannabis prohibition harms. “Fo...
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Since President Joe Biden signed an executive order in March on Ensuring Responsible Development of Digital Assets, government agencies have been at work developing a framework and policy recommendati...
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A Consumer Financial Protection Bureau (CFPB) report examining the Buy Now, Pay Later industry determined the industry grew during the pandemic, but borrowers may have received uneven disclosures and ...
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Congress Joint Economic Committee (JEC) and Congressional Hispanic Caucus (CHC) officials have released a new report highlighting Hispanic American economic growth contributions. The analysis, in...
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U.S. Rep. Maxine Waters (D-CA) introduced legislation that would make reforms to the Community Reinvestment Act (CRA) designed to eliminate discrimination in the banking system and close the racial we...
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The Consumer Bankers Association (CBA) and the Center for Responsible Lending (CRL) are urging the Consumer Financial Protection Bureau (CFPB) to develop a rule that makes non-depository, non-bank len...
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U.S. Rep. Troy Carter (D-LA) is hoping to provide more opportunities for legitimate cannabis businesses to access capital and grow the industry. “I have heard about the challenges of those awarde...
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A bill was introduced in the U.S. Senate that would prohibit the ability of Federal Reserve banks to issue central bank digital currency (CBDC). The No Central Bank Digital Currency Act (S.4831), i...
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Securities and Exchange Commission (SEC) officials have outlined proposed rule changes focusing on Treasury securities clearinghouses oversight. “The Securities and Exchange Commission plays a cr...
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