Businesses hate slow and expensive international payments. But traditionally, firms haven’t had much choice but to accept the status quo of correspondent banks and their...
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%. The Sanders-Hawley...
The shakeup on Capitol Hill — still ongoing, as the Trump administration settles in for its second round, as the new Congress has been seated...
The crypto industry wanted Donald Trump to become America’s 47th president, and they spent big to make it happen. Around 48% of all corporate money...
The House Financial Services Committee has chosen leadership with an eye toward digital asset regulation. Rep. French Hill (R-Ark.) announced the new appointments Thursday (Jan. 9), promising to “right-size the...
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...
Two U.S. lawmakers reportedly want the country to rethink its banking relationship with Hong Kong. Rep. John Moolenaar, R-Michigan, and Rep. Raja Krishnamoorthi, D-Illinois, sent a letter to...
There’ll be a moratorium on new banking rules — at least for a bit. A trio of the top financial services industry regulators told the...
A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. The SAFE Bet Act...