A bipartisan group of senators introduced an update to a bill that seeks to establish a clear regulatory framework for payment stablecoins. The bill is the Guiding and Establishing National Innovation...
Read More
The Managed Funds Association (MFA), an association for the global alternative asset management industry, presented the Securities and Exchange Commission (SEC) with a list of 10 recommendations it sa...
Read More
U.S. Rep. Ashley Hinson (R-IA) is sponsoring legislation that would establish a task force within the U.S. Department of Justice (DOJ) to combat China's trade crimes. IN addition, the bipartisan, ...
Read More
U.S. Rep. French Hill (R-AR), chair of the House Financial Services Committee, is urging the acting chairman of the U.S. Securities and Exchange Commission (SEC) to remove hurdles put in by place by t...
Read More
The Office of the Comptroller of the Currency (OCC) reaffirm what cryptocurrency activities are permissible in the federal banking system recently. In its Interpretive Letter 1183, the OCC confirm...
Read More
Bipartisan legislation recently reintroduced in the U.S. House of Representatives would ensure funding for broadband deployment will not be considered taxable income. The Broadband Grant Tax Treatm...
Read More
U.S. Sen. Tim Scott (R-SC) introduced legislation that would eliminate the ability for federal banking regulators to use reputational risk as a component of supervision. The Financial Integrity an...
Read More
Bipartisan legislation recently reintroduced in the U.S. Senate would provide financial institutions with greater flexibility to offer affordable lines of credit to rural and agricultural borrowers. ...
Read More
U.S. Rep. Tom Emmer (R-MN) introduced legislation that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC). Specifically, the Anti-CBDC Surveillance State Act woul...
Read More
The House Financial Services Committee reported 11 bills and resolutions to Congress this week after the committee held its first full committee markup session of this Congress. Among them was H.J....
Read More