On Thursday, U.S. Sens. Sherrod Brown (D-OH), Jack Reed (D-RI), and Elizabeth Warren (D-MA) asked instant payment platform Zelle to clarify what its policies are when it comes to protecting consumers ...
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U.S. Rep. Roger Williams (R-TX) has reached out to the head of the Environmental Protection Agency (EPA) about five proposed rules that he says could harm businesses, including small businesses. Th...
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According to the Merchants Payments Coalition, rising swipe fees charged by banks to merchants could cost consumers nearly $578 million this Valentine’s Day. Swipe fees are the fees banks charge...
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Commercial and multifamily mortgage loan originations were down 25 percent in the fourth quarter of 2023 compared to the same quarter a year ago, according to the Mortgage Bankers Association’s (MBA...
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On Wednesday, the Commodity Futures Trading Commission’s Office of Customer Education and Outreach (OCEO) put out a customer advisory about romance investment scams. The office said that in adva...
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Mortgage rates were at 6.71 percent as of January 24, more than one percentage point below recent highs, according to the ICE US Conforming 30-year Fixed Mortgage Rate Lock Index, produced by the Inte...
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The Office of the Comptroller of the Currency (OCC) is seeking feedback on a proposal to update its rules for business combinations involving national banks and federal savings associations. In ad...
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The Federal Reserve Board’s proposal to cap debit interchange fees could increase consumer costs by up to $2 billion, according to a new white paper. The paper, called How Proposed Interchange Fe...
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According to a new survey from RSM US LLP, in conjunction with the U.S. Chamber of Commerce, two thirds of middle market companies expect to increase hiring levels this year, a record high since 2015....
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The Commodity Futures Trading Commission (CFTC) issued a request for comment last week for information on the current and potential uses and risks of artificial intelligence (AI) in the derivatives ma...
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