Congress

CFPB’s Chopra Hints at Credit Card Rule Changes in Congress Hearing
CFPB’s Chopra Hints at Credit Card Rule Changes in Congress Hearing
April 28, 2022  |  CFPB

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) gave his testimony before the House Committee on Financial Services on Wednesday (April 27), one...

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Critics Raise Caution Over Congress Members Who Own Crypto Assets
Critics Raise Caution Over Congress Members Who Own Crypto Assets
April 26, 2022  |  Cryptocurrency

As Congress begins to regulate the burgeoning cryptocurrency sector, critics have raised concerns about the increasing number of lawmakers who own digital assets, Bloomberg reported...

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CFPB Director to Testify on Open Banking, Privacy to Senate Committee
CFPB Director to Testify on Open Banking, Privacy to Senate Committee
April 25, 2022  |  CFPB

U.S. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra plans to tell Congress this week about a proposed measure to regulate open banking and small...

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Small Businesses Object to Lawmakers’ Plan to Reallocate Unspent COVID-19 Relief
Small Businesses Object to Lawmakers’ Plan to Reallocate Unspent COVID-19 Relief
April 18, 2022  |  Coronavirus

Small business owners are not happy about a new proposal in Congress to redirect unspent money from COVID-19 programs to give $10 billion for various...

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US Senate, House Strip Russia of ‘Most-Favored-Nation’ Trade Status, Ban Russian Oil Imports
US Senate, House Strip Russia of ‘Most-Favored-Nation’ Trade Status, Ban Russian Oil Imports
April 07, 2022  |  Regulation

The U.S. House and Senate on Thursday (April 7) each passed bills that would remove Russia’s most-favored-nation trade status and ban Russian oil imports as...

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El Salvador’s Adoption of Bitcoin as Legal Tender Addressed in Congressional ACES Act
El Salvador’s Adoption of Bitcoin as Legal Tender Addressed in Congressional ACES Act
April 05, 2022  |  Bitcoin

Two members of Congress introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act to lower potential risks to the U.S. that could arise from...

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DOJ Endorses Antitrust Law Targeting Big Tech
DOJ Endorses Antitrust Law Targeting Big Tech
March 29, 2022  |  ANTITRUST

Proposed legislation that would reel in the power of big technology companies like Amazon, Apple, and Google got official support from the Department of Justice...

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Warren Crypto Bill Would Cast Wide Net in Fight to Enforce Sanctions
Warren Crypto Bill Would Cast Wide Net in Fight to Enforce Sanctions
March 18, 2022  |  Cryptocurrency

Is the author of open-source computer code used in the cryptocurrency industry really a ‘‘digital asset transaction facilitator” responsible for violating Russian sanctions? How about...

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US Senate Bill Proposes Ban on Mergers Over $5B, Sets up Regulator Tools
US Senate Bill Proposes Ban on Mergers Over $5B, Sets up Regulator Tools
March 17, 2022  |  Acquisitions

Two Democratic lawmakers rolled out a bill Wednesday (March 16) which would add more regulations on mergers, a report said, including a prohibition on those...

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