politics

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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Biden Officially Nominates Omarova to Head OCC Despite Objections
Biden Officially Nominates Omarova to Head OCC Despite Objections
November 03, 2021  |  Bank Regulation

Over the objections of bankers and critics in the Senate, President Joe Biden officially nominated Cornell University law professor Saule Omarova to serve as the...

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Warren: CFPB Has Power To Stop Crypto Fraud
Warren: CFPB Has Power To Stop Crypto Fraud
October 28, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) doesn’t have to wait for other agencies’ action to curb cryptocurrency payment abuse, Sen. Elizabeth Warren said Thursday (Oct....

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CFPB Expected To Query Tech Giants Over Financial Data Handling
CFPB Expected To Query Tech Giants Over Financial Data Handling
October 21, 2021  |  CFPB

Big tech companies in the U.S. are expected to receive a request for information packet from Rohit Chopra, the new director of the Consumer Financial...

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Biden Pulls Back on IRS Bank Account Tracking Proposal
Biden Pulls Back on IRS Bank Account Tracking Proposal
October 20, 2021  |  Taxes

The controversial proposal by the Biden administration to grant the IRS the power to track bank accounts with more than $600 in annual transactions is...

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Senate Could Scrap Biden’s OCC Choice Saule Omarova Ahead of Vote
Senate Could Scrap Biden’s OCC Choice Saule Omarova Ahead of Vote
October 20, 2021  |  Politics

Senate Democrats are divided in their support of President Joe Biden’s nomination to lead the Office of the Comptroller of the Currency (OCC) Saule Omarova...

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Bipartisan Momentum Driving Big Tech Legislation
Bipartisan Momentum Driving Big Tech Legislation
October 19, 2021  |  Regulation

Lawmakers on both sides of the aisle are backing legislation to reel in Big Tech firms and institute content restraints, aiming to deter the spread...

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Senate Narrowly Confirms Rohit Chopra as Consumer Watchdog Boss
Senate Narrowly Confirms Rohit Chopra as Consumer Watchdog Boss
October 01, 2021  |  CFPB

The U.S. Senate confirmed President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB) 50-48 in a party-line vote that got no Republican...

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Sen. Warren, Others Seek Info From SPACs
Sen. Warren, Others Seek Info From SPACs
September 22, 2021  |  IPO

Senator Elizabeth Warren, along with three other Senate Democrats, wants to bring serious scrutiny to the SPAC process, as letters they sent to the most...

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