Jennifer Huddleston, technology policy research fellow at the Cato Institute, told PYMNTS that regulators must take a careful approach as they examine artificial intelligence (AI). “We’ve seen a sudden advance in AI — and a sudden advance, too, in the conversations about policy surrounding artificial...
The public comments on a U.S. central bank digital currency (CBDC) are running overwhelmingly against a digital dollar, according to a libertarian think tank analyst. The Cato Institute’s Nicholas Anthony noted that the Federal Reserve released another set of public comments, bringing the total to...
March 07, 2024
The Consumer Financial Protection Bureau (CFPB) came under fire on Capitol Hill Thursday (March 7) from critics who charged that caps on credit card late fees, and other actions, would hurt innovation and banks’ customers in the long run. At the hearing, titled “Politicized Financial Regulation and its Impact on Consumer Credit and Community Development,” […]
