Congress

Debate Sharpens in US Over CBDC
Debate Sharpens in US Over CBDC
June 13, 2021  |  Cryptocurrency

The debate over central bank digital currencies sharpened a bit this past week in the marbled halls of the U.S. Congress. At a Senate Banking...

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5 Antitrust Bill Drafts On Tap Aimed At Big Tech
5 Antitrust Bill Drafts On Tap Aimed At Big Tech
June 10, 2021  |  Regulation

U.S. House of Representatives lawmakers are in the midst of finalizing drafts of five laws targeting Big Tech, Reuters reported, citing sources. Four of the...

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Upcoming SPAC Hearing Signals Increased Scrutiny
Upcoming SPAC Hearing Signals Increased Scrutiny
May 21, 2021  |  Regulation

The House Financial Services Committee will hold a hearing on special purpose acquisition companies (SPACs) on Monday (May 24), another sign of the growing government...

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Facebook, Alphabet CEOs Outline Approaches To Web Regulation
Facebook, Alphabet CEOs Outline Approaches To Web Regulation
March 24, 2021  |  Regulation

Facebook, Inc. CEO Mark Zuckerberg detailed actions to reform a long-standing regulation that pertains to the internet in written testimony ahead of a Thursday (March...

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Senate Stamps COVID Relief; House To Vote On Tuesday
Senate Stamps COVID Relief; House To Vote On Tuesday
March 07, 2021  |  Economy

The Senate has passed the $1.9 trillion coronavirus aid bill touted by President Joe Biden, and it will now go back to the House, where...

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Robinhood CEO Testifies, Apologizes Before House Financial Services Committee
Robinhood CEO Testifies, Apologizes Before House Financial Services Committee
February 18, 2021  |  Markets

Robinhood CEO Vlad Tenev grew up in Washington, D.C. On Thursday (Feb. 18), the Silicon Valley executive at the heart of the biggest stock market...

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Pandemic Aid Package Provides Relief For Lenders To Help SMBs
Pandemic Aid Package Provides Relief For Lenders To Help SMBs
December 22, 2020  |  B2B Payments

The almost $900 billion U.S. pandemic aid package ratified by lawmakers Monday (Dec. 21) following months of debate will assist financial institutions by relaxing an...

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US Lawmakers Split Stimulus Proposal Into 2 Plans To Work Out Deal
US Lawmakers Split Stimulus Proposal Into 2 Plans To Work Out Deal
December 13, 2020  |  Economy

American lawmakers, after months at an impasse over what would be included in a stimulus bill, have decided to split the bill into two separate...

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Stimulus Negotiators Face Pressure From All Sides To Rapidly Approve Package
Stimulus Negotiators Face Pressure From All Sides To Rapidly Approve Package
December 09, 2020  |  Economy

Eight months, 14.8 million new cases and 275,000 deaths after Congress passed the $2.2 trillion CARES Act in late March to cushion the economic blow...

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