U.S. President Joe Biden signed an executive order on Monday (Dec. 13), making it so 17 government agencies will now have to make it easier for people to apply for government-provided services, a press release from The White House notes. Biden said there was a...
Sanctions against Russia by the U.S. are being weighed to deter Russian President Vladimir Putin from launching an invasion into Ukraine, including severing the country from the SWIFT international payment system used by banks worldwide, CNN reported on Monday (Dec. 6), citing sources. Final decisions...
LendingClub is backing the Small Business Lending Disclosure Act, a bill introduced in the U.S. House and Senate this week that calls for extending the transparency standards of the federal Truth in Lending Act to small business financing. “Small business owners deserve transparent disclosure of...
The rocky road to confirm President Joe Biden’s pick to head the Office of the Comptroller of the Currency (OCC) hit potholes during the Senate confirmation hearing as Saule Omarova’s childhood in the former Soviet Union — now Kazakhstan — and her undergraduate work were...
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 and could scrap the choice ahead of a vote. As a key banking regulatory authority that operates independently from the...
President Joe Biden is pushing to nominate Cornell University Law School professor Saule Omarova to lead the Office of the Comptroller of the Currency (OCC), a move that could happen as soon as this week, Bloomberg reported on Thursday (Sept. 23), citing three unnamed sources....
Rohit Chopra, President Biden’s nominee to lead the Consumer Finance Protection Bureau (CFPB), looks to be close to approval by the Senate, The Wall Street Journal reported. The Senate’s 49-48 vote on Tuesday (Sept. 21) for Chopra’s nomination to finally get out of the Senate...
The $1 trillion Senate-approved, bipartisan infrastructure bill will help to improve the nation’s internet services, roads, bridges, pipes and ports, a Washington Post report says. The bill prompts a new surge in spending after years of attempts that sputtered out. The bill was passed 69...
The Senate voted 69 to 28 on Tuesday (June 15) to appoint antitrust expert and known tech critic Lina Khan as a commissioner to the Federal Trade Commission (FTC), numerous news outlets, including Axios, reported. “The overwhelming support in the Senate for Lina Khan’s nomination...
