Sen. Pat Toomey (R-PA) has requested the Government Accountability Office (GAO) examine Community Development Financial Institution (CDFI) funding initiatives. Officials indicated the request revol...
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The U.S. Department of the Treasury has released findings from a study exploring illicit financing in the high-value art market, determining evidence of money laundering risk within the market. “...
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U.S. Sen. Pat Toomey (R-PA) is asking U.S. authorities to closely watch China’s new central bank digital currency (CBDC) for how it might affect U.S. economic and national security interests. Chi...
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Cannabis banking fintech company Abaca said the firm has exceeded $2 billion in cannabis commerce compliant processing. The effort is fueled by aligning its bank-backed financial technology offerin...
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The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) recently released findings from research examining central bank digital currency (CBDC). The Project Hamilton...
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The regulated blockchain infrastructure platform Paxos has appointed Ben Gray as Global General Counsel. Gray's appointment supports the firm's effort to continue adding to its executive team. "...
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The Consumer Financial Protection Bureau (CFPB) has released a report examining the impact of financial issues people and families encounter with the criminal justice system experience. Justice-Inv...
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The Joint Economic Committee (JEC) issued a new report that looks at the benefits of closing the Medicaid coverage gap. In the 11 states that have not expanded Medicaid under the Affordable Care A...
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The Consumer Financial Protection Bureau (CFPB) will explore post-secondary schools extending private loans directly to students. “Schools that offer students loans to attend their classes have ...
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U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, is touting the Congressional Budget Office's (CBO) recent report examining domestic prescription drug spending and pricing. Accord...
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