The Merchants Payments Coalition (MPC) has encouraged lawmakers to pass the Credit Card Competition Act, noting the legislation is needed to prohibit China from infiltrating the domestic payments proc...
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The U.S. Department of the Treasury released a report this week that looks at the benefits and challenges associated with financial sector firms adopting cloud services technology. While cloud ser...
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U.S. Rep. Andy Barr (R-KY) introduced a joint resolution that would nullify the Department of Labor’s (DOL) recent rule to greenlight environmental, social, governance (ESG) investing in employer-sp...
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U.S. Sen. Kevin Cramer (R-ND) financial institutions introduced legislation prohibiting financial institutions from refusing or limiting services to certain industries. The bill, the Fair Access to...
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The Consumer Financial Protection Bureau (CFPB) has detailed its recent advisory opinion regarding consumer protections against digital mortgage comparison-shopping platform double dealing. “Give...
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U.S. Reps. Patrick McHenry (R-NC) and French Hill (R-AR) have reintroduced the International Nuclear Energy Financing Act, which seeks to restore nuclear power financing at the World Bank. Initiall...
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The U.S. Securities and Exchange Commission’s Division of Examinations posted its examination priorities this week for 2023. The examination priorities are published annually to provide investo...
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U.S. Reps. Garret Graves (R-LA) and Abigail Spanberger (R-VA) have introduced legislation in the House that seeks to eliminate some old federal statutes that could hurt Social Security. They intro...
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Republicans on the House Financial Services Committee formed a Republican Working Group to combat environmental, social, and governance (ESG) proposals. The working group will be led by U.S. Rep. ...
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U.S. Sen. Tim Scott (R-SC), ranking member of the Senate Banking Committee, recently outlined 118th Congress banking legislative and oversight priorities, noting that the focus is expanding opportunit...
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