Biden administration

Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services

Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
April 17, 2023  |  Legal & Regulation

Where regulation goes — sometimes, at least — unintended consequences might follow. The regulatory and legislative scrutiny of, and battle over, what are being commonly...

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AI Regulations Need to Target Data Provenance and Protect Privacy
AI Regulations Need to Target Data Provenance and Protect Privacy
April 11, 2023  |  Artificial Intelligence

The speed with which AI is radically transforming global economies has not escaped regulators’ attention. As fears continue to grow over the potential use-case implications...

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White House Wants New Rules for Midsize Banks
White House Wants New Rules for Midsize Banks
March 29, 2023  |  Bank Regulation

The White House plans to call for tougher regulation of midsize banks. The recommendations for congressional action could be announced within days and would follow...

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GOP Senators Move to Overturn Biden’s Student Loan Forgiveness
GOP Senators Move to Overturn Biden’s Student Loan Forgiveness
March 27, 2023  |  Legal & Regulation

Senate Republicans want to revoke the White House’s plan to forgive some student loans. A trio of senators on Monday (March 27) introduced a Congressional...

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McHenry Questions FDIC and Treasury Chiefs on SVB Response
McHenry Questions FDIC and Treasury Chiefs on SVB Response
March 23, 2023  |  Banking

House Republicans want more answers from the White House on the recent banking crisis. The chair and vice chairman of the House Financial Services Committee...

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Warren Buffett May Invest in Regional Banks
Warren Buffett May Invest in Regional Banks
March 19, 2023  |  Banking

The U.S. has reportedly turned to Warren Buffett once more for help in a financial crisis. The billionaire investor offered lifelines to Goldman Sachs in...

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Barriers to a Fully Connected Economy Include the Fight for Utility Pole Rights
Barriers to a Fully Connected Economy Include the Fight for Utility Pole Rights
March 13, 2023  |  Technology

Large swaths of the U.S. are still without high-speed broadband internet service at the third anniversary of the pandemic lockdowns, keeping millions from enjoying the...

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Biden’s Budget Blueprint Triples Fraud-Fighting Staff
Biden’s Budget Blueprint Triples Fraud-Fighting Staff
March 08, 2023  |  Cybersecurity

Preventing fraud and identity theft is reportedly a key component of President Biden’s cost-cutting plans. The administration’s budget blueprint includes targeting fraud by bolstering the...

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