The Securities and Exchange Commission (SEC) charged 11 people for creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme. The scheme raised more than $300 million from millio...
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U.S. Reps. Troy A. Carter, Sr. (D-LA) and Rodney Davis (R-IL) recently introduced legislation that seeks an expungement method regarding low-level federal marijuana violations. The Marijuana Misdem...
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The Federal Deposit Insurance Corporation (FDIC) published a new fact sheet on what the public needs to know about FDIC deposit insurance and crypto companies. The fact sheet was developed followin...
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U.S. Sens. Ron Wyden (D-OR) and Jeff Merkley (D-OR) recently joined a group of senators that has proposed legislation that prohibits banks and other financial institutions from discriminating on the b...
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The U.S. Department of the Treasury said North Carolina has secured up to $201.9 million through the State Small Business Credit Initiative (SSBCI) to operate three different programs. The effort w...
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U.S. Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) introduced legislation to enhance competition and choice in the credit card network market. The Credit Card Competition Act of 2022 would dir...
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Senate Committee on Banking, Housing, and Urban Affairs Chairman Sherrod Brown (D-OH) recently forwarded correspondence to Google and Apple leaders, requesting insight regarding crypto app fraud prote...
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The Office of Financial Research (OFR) recently announced the launch of a new tool that seeks to aid financial regulators with regard to climate-risk assessments. The Climate Data and Analytics Hub...
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A bipartisan resolution was introduced in the U.S. House of Representatives last week that outlines the importance of the digital economy and seeks to strengthen U.S. leadership in digital trade negot...
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U.S. Reps. Suzanne Bonamici (D-OR) and Brian Fitzpatrick (R-PA) are sponsoring a bill to help student loan borrowers avoid default. The Streamlining Income-driven, Manageable Payments on Loans for ...
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