Congress

Airline Chiefs Answer for Flight Disruptions, Refund Policies During Senate Hearing
Airline Chiefs Answer for Flight Disruptions, Refund Policies During Senate Hearing
December 16, 2021  |  Coronavirus

Airline executives faced the Senate on Wednesday (Dec. 15) on issues surrounding travel recovery and the effect of aid, The Wall Street Journal (WSJ) writes. ...

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Senate Grills Airline Execs Over Refund Complaints and COVID Flight Cancellations
Senate Grills Airline Execs Over Refund Complaints and COVID Flight Cancellations
December 16, 2021  |  Travel Payments

Airline cancellations are making news again as the omicron variant brings its own disruption, refueling a drama playing out over refunds that found major airline...

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US Retail Chains Push Congress to Address Resale of Stolen Items
US Retail Chains Push Congress to Address Resale of Stolen Items
December 09, 2021  |  Retail

Officials from major U.S. retailers, including Home Depot, Best Buy and Target, called on Congress to intervene to thwart the online resale of stolen, fake...

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Scenes From the Five-Hour Congressional Hearing on Crypto
Scenes From the Five-Hour Congressional Hearing on Crypto
December 09, 2021  |  Cryptocurrency

When the House Financial Services Committee asked six top crypto executives to discuss the risks and benefits that cryptocurrencies bring, they likely didn’t expect the...

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Six Crypto Execs Warn Congress Not to Overregulate Crypto
Six Crypto Execs Warn Congress Not to Overregulate Crypto
December 08, 2021  |  Cryptocurrency

Call it crypto on the Hill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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SEC’s Gensler Hints at Increased Scrutiny for Cryptos
SEC’s Gensler Hints at Increased Scrutiny for Cryptos
November 04, 2021  |  Regulation

Securities and Exchange Commission (SEC) Chairman Gary Gensler gave a warning to securities lawyers that the watchdog is going after all forms of misconduct, and...

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US Cyber Director Says Cyberattacks Traced to Russia Are Down
US Cyber Director Says Cyberattacks Traced to Russia Are Down
November 03, 2021  |  Cybersecurity

Speaking at a hearing for the House Committee on Financial Services on Wednesday (Nov. 3) about how to address cyber attacks such as ransomware, U.S....

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Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
November 02, 2021  |  Buy Now Pay Later

Buy now, pay later (BNPL) plans and other financial innovations, such as earned wage access (EWA), have the potential to broaden financial access for underserved...

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Congress’ Letter to Amazon Questions Statements Made Under Oath
Congress’ Letter to Amazon Questions Statements Made Under Oath
October 18, 2021  |  Legal

Five members of Congress sent a letter to Amazon CEO Andy Jassy asking for proof regarding some statements made by company executives — including then-CEO...

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