Congress

Fed Oversight Council Argues for More Control Over FinTech

Fed Oversight Council Argues for More Control Over FinTech
Fed Oversight Council Argues for More Control Over FinTech
December 06, 2024  |  News

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...

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Lawmakers Question US Banking Relationship With Hong Kong
Lawmakers Question US Banking Relationship With Hong Kong
November 25, 2024  |  Bank Regulation

Two U.S. lawmakers reportedly want the country to rethink its banking relationship with Hong Kong. Get the Full Story Complete the form to unlock this article...

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Regulators Tell House Committee They’ll Pause New Banking Rules
Regulators Tell House Committee They’ll Pause New Banking Rules
November 20, 2024  |  Bank Regulation

There’ll be a moratorium on new banking rules — at least for a bit. Get the Full Story Complete the form to unlock this article...

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Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
September 13, 2024  |  Regulation

A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. Get the Full...

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Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
August 21, 2024  |  Faster Payments

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems....

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US Eyes Financial AI Regulations as EU Law May Impact Healthcare Tech
US Eyes Financial AI Regulations as EU Law May Impact Healthcare Tech
August 14, 2024  |  artificial intelligence

Lawmakers on both sides of the Atlantic are racing to establish artificial intelligence (AI) regulations, with California poised to vote on strict AI oversight as...

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National Consumers League CEO: Drip Pricing Leaves Consumers in the Dark
National Consumers League CEO: Drip Pricing Leaves Consumers in the Dark
August 12, 2024  |  Retail

Drip pricing, or added fees consumers only learn about at checkout, are coming under fire from consumer groups as proposed rules make their way through...

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EU, UK and US Unite in GenAI Concerns
EU, UK and US Unite in GenAI Concerns
July 24, 2024  |  artificial intelligence

Competition authorities from the United States, European Union and United Kingdom have joined forces to address potential antitrust issues in artificial intelligence (AI), while tech...

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They Said That: Notable Quotables From the Week of July 14
They Said That: Notable Quotables From the Week of July 14
July 19, 2024  |  Connected Economy

This week featured insights from JOOR CEO Kristin Savilia on the necessity of experiential retail for luxury brands, discussions with One Inc CEO Ian Drysdale...

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