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

SEC Chair: House Crypto Bill Creates ‘Immeasurable Risk’
SEC Chair: House Crypto Bill Creates ‘Immeasurable Risk’
May 22, 2024  |  Cryptocurrency

The head of the SEC says new cryptocurrency legislation will undermine his agency’s work. Hours before a scheduled vote Wednesday (May 22), Securities and Exchange Commission (SEC)...

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New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
May 21, 2024  |  Banking

For banks eyeing the impact of the Durbin Amendment — and the prospect of debit interchange caps — there might be some relief coming from Congress. A bill that was approved...

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Congress Sets Stage for FinServ Regulation to Heat Up This Summer
Congress Sets Stage for FinServ Regulation to Heat Up This Summer
May 20, 2024  |  Regulation

As the Consumer Financial Protection Bureau got an effective “green light” from the Supreme Court to keep operating, and as several bills have made their way out of committee...

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Bill Raising Asset Thresholds for Banking Regulations Heads to House Vote
Bill Raising Asset Thresholds for Banking Regulations Heads to House Vote
May 17, 2024  |  Bank Regulation

The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a bill that would raise the asset thresholds for several regulations covering banks from $10 billion to...

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Supreme Court Ruling on CFPB Paves Path for Open Banking
Supreme Court Ruling on CFPB Paves Path for Open Banking
May 16, 2024  |  CFPB

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of...

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Lawmakers Urge Regulators to Make Financial Data More Accessible
Lawmakers Urge Regulators to Make Financial Data More Accessible
May 16, 2024  |  Regulation

Members of Congress from both houses and both parties sent a letter Tuesday (May 14) to the heads of eight federal financial regulatory agencies, urging them to implement the Financial...

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Supreme Court Rules CFPB Funding Mechanism Constitutional
Supreme Court Rules CFPB Funding Mechanism Constitutional
May 16, 2024  |  CFPB

The Supreme Court ruled Thursday (May 16) that the Consumer Financial Protection Bureau’s funding mechanism is constitutional. The decision reversed a lower court ruling that threatened the very existence of...

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UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
May 16, 2024  |  Regulation

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May...

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Senate AI Group Recommends $32 Billion in Spending
Senate AI Group Recommends $32 Billion in Spending
May 15, 2024  |  artificial intelligence

A bipartisan Senate group wants the government to spend at least $32 billion on AI. That funding, the senators said in a report issued Wednesday...

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