A group of Democratic senators is urging federal regulators to review the crypto trading activities of fintech bank SoFi. In a letter to Michael Barr, vice chair for supervision at the Federal Res...
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Republican members of the Congressional Joint Economic Committee issued a report with policy recommendations to reduce inflation and help spur economic growth. “Persistent inflation poses a sign...
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The Consumer Financial Protection Bureau (CFPB) has released a new report the agency indicated targets legal violations identified during supervisory examinations in the first half of this year. Of...
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U.S. Sens. Elizabeth Warren (D-MA) and Dick Durbin (D-IL) are seeking answers from the leaders of FTX Trading Co. on the status of customers' funds after the crypto trading exchange went bankrupt. ...
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Federal policymakers need to regulate the evolving market for digital asset products and services to build investor confidence, according to a new white paper by Dr. Peter Ryan, managing director and ...
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A recent report from the U.S. Department of the Treasury is calling for enhanced oversight of the consumer financial activities of non-bank firms, particularly fintech entities. The Treasury Depart...
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A group of banking industry associations responded to a request for information (RFI) by the Cybersecurity and Infrastructure Security Agency (CISA) on new cyber incident reporting requirements. Th...
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The Consumer Financial Protection Bureau (CFPB) recently issued two reports examining the tenant background check industry maintain errors often result in increased costs and quality rental housing ba...
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The Securities and Exchange Commission (SEC) filed 760 total enforcement actions in fiscal year 2022, a 9 percent increase over the previous fiscal year, the commission announced this week. Of thi...
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A Union Bank-commissioned survey of small business owners has determined there is optimism about the holiday season and confidence in preparation to adapt amid efforts to meet customer needs. The ...
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