U S Senate news and trends

Senate Hearing Spotlights Rifts, Risks on Push Payment Fraud
Regulation // September 23, 2022

On Capitol Hill, by now the cast of characters — and the flash points — are familiar. The CEOs of the nation’s largest banks have, in a continuing series of appearances before House and Senate Committees, discussed their business models and in some cases have...

May 4 Interchange Fee Hearing: The 5 Things You Need to Know
Regulation // May 03, 2022

On Wednesday, May 4, the U.S. Senate Committee on the Judiciary will hold a hearing on “Excessive Swipe Fees and Barriers to Competition in the Credit and Debit Card Systems,” where representatives from Visa, Mastercard, retailers and consumer advocacy groups will likely discuss the benefits...

At Senate Hearing, CFTC Chair Behnam Steps Up Battle With SEC for Crypto Oversight
Cryptocurrency // February 10, 2022

Fresh from his confirmation hearing, Commodity Futures Trading Commission Chairman Rostin Behnam made another, more aggressive pitch for authority over the cryptocurrency market in front of the Senate Agricultural Committee Wednesday (Feb. 9). While he admitted that the agency does not have the depth of...

Senate Hearing on Digital Assets May Test Role of CFTC and DeFi 
Regulation // February 09, 2022

Today, February 9, the U.S. Senate Committee on Agriculture, Nutrition and Forestry is holding a hearing on digital assets where witness experts will likely discuss the risks of cryptocurrencies and other digital assets, the need for new regulation and the role of the Commodity Futures...

Quick Reads
Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols

May 29, 2020
After reports that eCommerce delivery platforms are allowing consumers to “tip bait,” four U.S. senators are asking the Federal Trade Commission (FTC) to look at “potentially unfair and misleading” tipping practices on Instacart as well as other services. In a letter to FTC Chairman Joseph Simons, U.S. Senators Brian Schatz, Sherrod Brown, Chris Van Hollen and Elizabeth […]

Senators Demand That Big Tech Releases Encrypted Data To Law Enforcement

December 11, 2019
U.S. senators went head to head with executives of Apple and Facebook on Tuesday (Dec. 10) over the companies’ decision to use encryption technology, according to a report by Reuters....

Lawmakers Question Facebook’s Location Tracking Practices

November 19, 2019
Two senators, Josh Hawley of Missouri and Chris Coons of Delaware, have written a letter to Facebook CEO Mark Zuckerberg regarding Facebook’s ability to track the location of users even...

Citing Security, Senators Advise White House To Hire 5G Head

November 19, 2019
A letter from a bipartisan Senate panel to National Security Adviser Robert O’Brien calls on the White House to appoint someone to lead 5G adoption, The Wall Street Journal reported on...