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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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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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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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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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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U.S. Rep. Jared Huffman (D-CA) introduced a bill that would allow small cannabis producers to ship and sell their products directly to consumers. The Small and Homestead Independent Producers (SHI...
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U.S. Rep. Mike Bost is touting the House of Representatives' advancement of legislation seeking to enhance Veterans Affairs (VA) home loan financing accessibility. The lawmaker indicated the Improv...
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U.S. Reps. Chris Pappas (D-NH) and Brian Fitzpatrick (R-PA) renewed their call to House leadership to vote on legislation that would ban stock trading by members of Congress. “As we work to ensu...
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U.S. Sens. Cynthia Lummis (R-WY), John Thune (R-SD), Todd Young (R-IN), Shelley Moore Capito (R-WV), Mike Lee (R-UT), and Dan Sullivan (R-AK) forwarded correspondence Tuesday to Federal Trade Commissi...
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