The Managed Funds Association (MFA) said its recommendations will strengthen the U.S. capital market by expanding investor access, promoting capital formation and boosting U.S. economic growth. In...
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U.S. Sens. Elizabeth Warren (D-MA) and Mark Warner (D-VA) are asking the Government Accountability Office to investigate recent activities by Elon Musk’s Department of Government Efficiency at the S...
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The U.S. Senate passed a resolution last week to overturn the Consumer Financial Protection Bureau’s (CFPB) rule that would cap overdraft fees at $5 for large banks and credit unions. The overdr...
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The U.S. Senate Committee on Small Business and Entrepreneurship advanced two bills aimed at helping rural small businesses this week. U.S. Sen. Joni Ernst (R-IA), chair of the committee, said the...
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The Securities and Exchange Commission (SEC) voted to end its defense of the rules requiring disclosure of climate-related risks and greenhouse gas emissions. “The goal of today’s Commission ac...
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President Donald Trump issued an executive order that seeks to mandate a transition to electronic payments for all Federal disbursements and receipts. The order states that the use of paper-based ...
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U.S. Reps. Tom Emmer (R-MN) and Darren Soto (D-FL) are sponsoring legislation designed to bring regulatory clarity to the digital asset ecosystem. Currently, securities laws do not distinguish betw...
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U.S. Reps. Bryan Steil (R-WI) and French Hill (R-AR) introduced legislation aimed at establishing a framework for dollar-denominated payment stablecoins in the United States. Steil, the chair of t...
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The Securities and Exchange Commission’s (SEC) Crypto Task Force plans to hold four roundtables this spring as part of its ongoing series on crypto asset regulation. “The Crypto Task Force roun...
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Several financial industry groups, including the Independent Community Bankers of America (ICBA) are warning federal lawmakers not to intervene in the U.S. credit card market. The groups cited prop...
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