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In what is said to be a departure from the agency’s tradition, the written testimony presented by the chair of the Federal Trade Commission (FTC) before a Senate committee did not have bipartisan support among the commissioners. Get the Full Story Complete the form to...
Bank of America CEO Brian Moynihan is heading to Capitol Hill on Wednesday (Sept. 21) along with banking brass from six of the other biggest commercial financial institutions in the country for the annual Congressional hearings about the industry. Get the Full Story Complete the...
Republican attorneys general in 24 states said America’s three largest card networks could be violating the law with a new system for processing firearms purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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. By completing this form, you agree to receive marketing communications from PYMNTS and...
Large regional banks may be required to increase their financial cushions so they can better weather any crises that may emerge, the Wall Street Journal reported Sunday (Sept. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Federal Reserve is reportedly reviewing the operation of Goldman Sachs Group’s retail online banking platform, Marcus, asking questions of Goldman managers in a weeks-long process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Despite demand from an increasing number of their clients for cryptocurrency products and services, many banks are reportedly holding back on offering them because accounting guidance from the U.S. Securities and Exchange Commission (SEC) makes it unprofitable to do so. Get the Full Story Complete...
The Biden administration is ordering the Committee on Foreign Investment (CFIUS) to add more scrutiny on deals that might give China access to critical tech or that could put personal data at risk, The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the...