The Federal Reserve has updated its Federal Reserve Payments Study (FRPS) to include a recent surge in remote and contactless payments. Specifically, changes in card payments and increased adoptio...
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U.S. Rep. Maxine Waters (D-CA), chairwoman of the U.S. House Financial Services Committee, expressed concerns over Federal Deposit Insurance Corp. (FDIC) Chairman Jelena McWilliams’ attempts to bloc...
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A group of lawmakers expressed support for the Biden Administration’s student loan payment pause extension while calling on President Joe Biden cancel $50,000 in federal student debt for borrowers. ...
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Senate Finance Committee Republicans are calling for the Treasury Department to analyze the recent Organisation for Economic Co-operation and Development (OECD) agreement. Ranking Member Mike Crapo...
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The Securities and Exchange Commission (SEC) has appointed William A. Birdthistle as its new director of the Division of Investment Management. Birdthisle joins the SEC from the Chicago-Kent Colle...
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U.S. Sen. Marco Rubio (R-FL) is working to drum up support in the U.S. Senate for his bill that aims to prohibit American investment in Chinese companies that pose a threat to national security. T...
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The Consumer Financial Protection Bureau (CFPB) and Department of Justice (DOJ) are working to provide legal housing protections for military families amid the COVID-19 pandemic. Authorities indica...
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The American Property Casualty Insurance Association (APCIA) expressed concerns about a potential override by the Rhode Island General Assembly of Rhode Island Gov. Daniel McKee’s veto of a bill rel...
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The Credit Union National Association (CUNA) has expressed support for the Consumer Financial Protection Bureau’s (CFPB) inquiry into technology companies’ payments practices. In a Dec. 20 lett...
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A pair of lawmakers are encouraging the Treasury Department to ensure new Foreign Financial Intelligence Unit Liaisons personnel possess narcotics-related finance and other money laundering issues pro...
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