Senate Banking Committee Chairman Tim Scott, R-S.C., has introduced a bill that would stop federal banking agencies from using reputational risk as a measure to determine regulated financial institutions’ safety and soundness. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Treasury Secretary Scott Bessent reportedly said Thursday (March 6) that his department will work to see that financial regulators focus on material financial risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
European Union lawmakers are reportedly countering accusations that they are treating tech giants in the United States unfairly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Wednesday’s (March 5) actions in Congress against two Consumer Financial Protection Bureau (CFPB) rules — one governing digital payments providers, the other focused on bank overdraft fees — open up a new front against the embattled agency. Get the Full Story Complete the form to...
Visa and Mastercard face regulatory action in the United Kingdom following a payments watchdog’s investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
President Trump will reportedly meet with top U.S. tech companies facing tariff-related pressure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Congress will reportedly get more say in the federal spending cuts and layoffs being made by the Elon Musk-led Department of Government Efficiency (DOGE). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Bank of England is weighing an increase to its retail deposits leverage ratio threshold. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
