U.S. Reps. Maxine Waters (D-CA) and Josh Gottheimer (D-NJ), along with U.S. Sen. Sherrod Brown (D-OH), are asking the U.S. Government Accountability Office (GAO) to review the methods that both domest...
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U.S. Sens. Mike Rounds (R-SD), Cynthia Lummis (R-WY), and Tim Scott (R-SC) introduced legislation that would require federal regulatory agencies to take risk profiles and business models of institutio...
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The National Association of Federally-Insured Credit Unions (NAFCU) Cybersecurity and Payments Committee recently convened to review the Federal Reserve’s central bank digital currency (CBDC) discu...
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U.S. Rep. Bill Huizenga (R-MI), Ranking Member of the Investor Protection, Entrepreneurship and Capital Markets Subcommittee, said he had introduced legislation that would stop American financial inst...
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U.S. Sens. Elizabeth Warren (D-MA), Mark Warner (D-VA), Sherrod Brown (D-OH), and Jack Reed (D-RI) forwarded correspondence to Treasury Secretary Janet Yellen regarding cryptocurrency industry progres...
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A group of senators introduced legislation to provide guidance and a federal standard for contracts with interest rates based on the London-Inter-Bank Offered Rate (LIBOR) benchmark, which will expire...
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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 National Association of Federally-Insured Credit Unions (NAFCU) has issued a brief outlining the regulatory environment surrounding digital assets’ integration into the broader economy. The N...
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