U.S. Rep. Nydia M. Velázquez (D-NY) has introduced legislation to broaden non-bank lender reporting and examination requirements under the Consumer Financial Bureau (CFPB). The Promoting Fair Lend...
Read More
U.S. Reps. Stephen Lynch (D-MA) and Carolyn Maloney (D-NY) are seeking information from Credit Suisse about its compliance with international economic sanctions on Russia for its invasion of Ukraine. ...
Read More
U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI) are calling on Biden administration officials to close the loophole that exempts the private investment industry from anti-money launde...
Read More
U.S. Sen. Bill Hagerty (R-TN) and U.S. Rep. Trey Hollingsworth (R-IN) have introduced a measure to provide stablecoin cryptocurrency industry clarity and support methods. The Stablecoin Transparenc...
Read More
Nearly 100 lawmakers have forwarded correspondence to President Joe Biden, advocating for a federally-held student loan payments pause and meaningful student debt cancellation. "We are writing to u...
Read More
The U.S. House of Representatives on Friday passed landmark federal legislation to legalize marijuana, although the measure faces an uncertain future in the U.S. Senate. The Marijuana Opportunity R...
Read More
U.S. Sens. Kirsten Gillibrand (D-NY) and Bernie Sanders (I-VT) are sponsoring legislation that would create banking services through the post office. The Postal Banking Act would establish a nonpro...
Read More
U.S. Rep. Michael McCaul (R-TX) is seeking information from the Office of the Director of National Intelligence (ODNI) on whether Russia uses digital assets to evade sanctions. In his letter to OD...
Read More
A cannabis banking bill authored by Pennsylvania Sens. John DiSanto (R-Dauphin/Perry) and Sharif Street (D-Philadelphia) passed the Senate Banking and Insurance Committee Wednesday. Senate Bill 11...
Read More
U.S. Sens. Sherrod Brown (D-OH) and Dick Durbin (D-IL) led correspondence to four entities, advocating for small businesses to garner access to credit amid the Main Street pandemic recovery. Brown,...
Read More