Congress

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? Get the...

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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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Bipartisan Congressional Group Asks SEC for Info About Crypto Probes
Bipartisan Congressional Group Asks SEC for Info About Crypto Probes
March 17, 2022  |  Cryptocurrency

A bipartisan group of Congress members sent a letter to the U.S. Securities and Exchange Commission (SEC) requesting information about its cryptocurrency probes to ensure...

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Sen. Warren Proposes Sanctions Compliance Law for Crypto Firms
Sen. Warren Proposes Sanctions Compliance Law for Crypto Firms
March 17, 2022  |  Cryptocurrency

Four Democratic United States senators want to prohibit cryptocurrency platforms from conducting business with sanctioned companies and people, CoinDesk.com reported Thursday (March 17). Get the...

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