The size and scope of “big tech” – and whether big really is too big – was in focus on Tuesday (July 16), across a series of Capitol Hill hearings that brought marquee names such as Amazon, Facebook and Google into marbled halls to defend...
Between the big news about Libra and the segment-wide spin-up for Prime Day in two weeks, one might have assumed we have hit something of a lull between news events, if for no other reason than to let the big payments and commerce players catch...
The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. According to American Banker, the committee will meet July 17 to examine Facebook’s proposed cryptocurrency and its impact on consumers, investors,...
Top executives from Twitter and Facebook sought to reassure U.S. lawmakers on Wednesday (Sept. 5) that they can better protect users from election interference from foreign sources as the November midterms approach. The move comes amid increasing global focus on matters related to online privacy...
July 12, 2024
Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts may be too vague, critics charged at a Congressional hearing held Friday (July 12). A “field hearing” held by the House Financial Services Subcommittee on Financial Institutions and Monetary Policy […]
June 25, 2019
The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. According to American Banker, the committee will meet July 17 to examine Facebook’s proposed cryptocurrency and its impact on consumers, investors, and the U.S. financial system. The Senate Banking Committee will […]
