Government

A government is the system or group of people governing an organized community, often a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary.

Source: en.wikipedia.org

McHenry Questions FDIC and Treasury Chiefs on SVB Response
McHenry Questions FDIC and Treasury Chiefs on SVB Response
March 23, 2023  |  Banking

House Republicans want more answers from the White House on the recent banking crisis. The chair and vice chairman of the House Financial Services Committee...

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CFPB Constitutionality Upheld With Appeals Court Win
CFPB Constitutionality Upheld With Appeals Court Win
March 23, 2023  |  CFPB

The Consumer Financial Protection Bureau has scored a legal victory ahead of its fateful Supreme Court case. A federal appeals court ruled Thursday (March 23)...

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Bipartisan Bill Would Create Independent Inspector General for Federal Reserve
Bipartisan Bill Would Create Independent Inspector General for Federal Reserve
March 22, 2023  |  Regulation

A bipartisan bill aims to create an independent inspector general to oversee the Federal Reserve. Introduced Wednesday (March 22) by Sens. Rick Scott and Elizabeth...

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AI Wave Complicates EU’s Regulation Efforts
AI Wave Complicates EU’s Regulation Efforts
March 22, 2023  |  artificial intelligence

New advances in artificial intelligence have reportedly made efforts to regulate the technology more difficult. At least that’s the case in the European Union, where...

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Yellen: US Will Back Small Banks to Fend off ‘Contagion’
Yellen: US Will Back Small Banks to Fend off ‘Contagion’
March 21, 2023  |  Banking

According to U.S. Treasury Secretary Janet Yellen, the government may not be done taking dramatic measures to protect banks. Speaking at the American Bankers Association...

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US Weighs Expanding FDIC Protections if Banking Crisis Persists
US Weighs Expanding FDIC Protections if Banking Crisis Persists
March 21, 2023  |  Banking

Federal officials are reportedly examining ways to expand deposit protections to halt a possible financial meltdown. As Bloomberg News reported Monday (Mar. 20), staff members...

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FDIC Moves SVB Deposits to National Bank of Santa Clara
FDIC Moves SVB Deposits to National Bank of Santa Clara
March 13, 2023  |  Banking

Federal regulators have transferred all deposits from the failed Silicon Valley Bank to a new “bridge bank.” The Federal Deposit Insurance Corporation (FDIC) said in...

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US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
March 10, 2023  |  Economy

Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for...

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Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
March 08, 2023  |  Cryptocurrency

United States bank regulators’ posture on digital assets is increasingly one of “prove it” pressure. This, as Federal Reserve Chairman Jerome Powell Tuesday (March 7)...

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