The Consumer Bankers Association (CBA) is one of 11 trade associations that have raised their voices in opposition to an effort to attach the Credit Card Competition Act to an appropriations bill. ...
Read More
U.S. Reps. Bill Johnson (R-OH) and Dean Phillips (D-MN) have introduced legislation would require the Department of Commerce to study the impact of technology startup companies on the economy. The Ad...
Read More
U.S. Sen. Sherrod Brown (D-OH) is urging federal financial regulators to strengthen transparency in cryptocurrency markets. Brown said that the current lack of full disclosure about digital assets pr...
Read More
A group of U.S. senators introduced legislation this week that would gradually raise the federal minimum wage to $11 per hour and mandate the use of E-Verify to ensure the wage increase only goes to l...
Read More
The Securities and Exchange Commission (SEC) has proposed new rules to improve access to and management of accounts on its EDGAR system. EDGAR, which stands for the Electronic Data Gathering, Anal...
Read More
U.S. Rep. Tom Emmer (R-MN) introduced legislation that would halt the Federal Reserve from issuing a central bank digital currency (CBDC). Emmer’s CBDC Anti-Surveillance State Act prohibits the F...
Read More
The Securities Industry and Financial Markets Association (SIFMA), along with the SIFMA Asset Management Group are among 26 associations urging the Securities and Exchange Commission (SEC) not to adop...
Read More
U.S. Sens. Ron Wyden (D-OR), Sherrod Brown (D-OH), and Bill Cassidy (R-LA) introduced legislation to reform the Supplemental Security Income (SSI) program. The SSI Savings Penalty Elimination Act w...
Read More
The Federal Housing Finance Agency (FHFA) is rolling out more opportunities for the public to engage with it on the transition to updated credit score models and credit report requirements for loans a...
Read More
CME Group, the world's leading derivatives marketplace, got approval from federal regulators for its enhanced cross-margining arrangement with the Depository Trust & Clearing Corporation (DTCC). Th...
Read More