Congress

Senate Bill Would Cap Credit Card Interest Rates at 10%
Senate Bill Would Cap Credit Card Interest Rates at 10%
February 04, 2025  |  Credit Cards

Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. Get the...

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Government Exit Packages and Defunding May Mute Financial Regulators
Government Exit Packages and Defunding May Mute Financial Regulators
January 31, 2025  |  Politics

The shakeup on Capitol Hill — still ongoing, as the Trump administration settles in for its second round, as the new Congress has been seated...

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Trump Goes 6 for 8 on Crypto Promises During First Week
Trump Goes 6 for 8 on Crypto Promises During First Week
January 27, 2025  |  Cryptocurrency

The crypto industry wanted Donald Trump to become America’s 47th president, and they spent big to make it happen. Get the Full Story Complete the...

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New House Financial Services Leadership Targets Digital Asset Regulation
New House Financial Services Leadership Targets Digital Asset Regulation
January 09, 2025  |  Regulation

The House Financial Services Committee has chosen leadership with an eye toward digital asset regulation. Get the Full Story Complete the form to unlock this article and...

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Fed Oversight Council Argues for More Control Over FinTech
Fed Oversight Council Argues for More Control Over FinTech
December 06, 2024  |  News

The Financial Stability Oversight Council (FSOC) said Friday (Dec. 6) that Congress should pass legislation ensuring that relevant agencies have the examination and enforcement powers they...

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Lawmakers Question US Banking Relationship With Hong Kong
Lawmakers Question US Banking Relationship With Hong Kong
November 25, 2024  |  Bank Regulation

Two U.S. lawmakers reportedly want the country to rethink its banking relationship with Hong Kong. Get the Full Story Complete the form to unlock this article...

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Regulators Tell House Committee They’ll Pause New Banking Rules
Regulators Tell House Committee They’ll Pause New Banking Rules
November 20, 2024  |  Bank Regulation

There’ll be a moratorium on new banking rules — at least for a bit. Get the Full Story Complete the form to unlock this article...

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Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
September 13, 2024  |  Regulation

A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. Get the Full...

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Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
August 21, 2024  |  Faster Payments

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems....

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