Capitol Hill

Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ but Risks Remain
Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ but Risks Remain
May 14, 2024  |  Banking

Testimony from some of the top regulators in the country ahead of a Wednesday (May 15) Capitol Hill hearing on bank oversight took note of...

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Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
March 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is overstepping its bounds when it comes to regulating digital payments firms — especially larger players — critics charged...

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CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation
CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation
March 07, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) came under fire on Capitol Hill Thursday (March 7) from critics who charged that caps on credit card late...

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On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
December 05, 2023  |  Innovation

A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public...

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Hill Hearing Debates Innovation and Credit Access Threat Due to Banking Regulation ‘Overreach’
Hill Hearing Debates Innovation and Credit Access Threat Due to Banking Regulation ‘Overreach’
September 20, 2023  |  Bank Regulation

Change looms in the banking sector as various agencies have put forth proposals that would, among other things, raise capital requirements, mandate that banks with...

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This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
September 15, 2023  |  artificial intelligence

Another week, another growth spurt for the artificial intelligence (AI) sector. The U.S. Senate returned from its summer recess primed to tackle AI legislation with...

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As TikTok Is Squeezed, ByteDance Makes Lemon8
As TikTok Is Squeezed, ByteDance Makes Lemon8
April 29, 2023  |  Social Commerce

Lemon8, the sibling app of TikTok, is steadily growing its user base while TikTok faces challenges on Capitol Hill and the first state-approved measure to...

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Capitol Hill Lawmakers Threaten to Probe GoFundMe After Trucker Fundraiser Shuttered
Capitol Hill Lawmakers Threaten to Probe GoFundMe After Trucker Fundraiser Shuttered
February 09, 2022  |  Regulation

Citing potential violation of federal law by GoFundMe Inc., GOP lawmakers have called for an investigation into the crowdfunding platform’s decision to withdraw a page...

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What Congress’ Proposed ‘Horizontal’ Block Could Mean For Big Tech And The Connected Economy
What Congress’ Proposed ‘Horizontal’ Block Could Mean For Big Tech And The Connected Economy
October 06, 2020  |  Regulation

The growth of the connected economy is predicated on — and is propelling — the emergence of online platforms. Those platforms — through Uber, Amazon,...

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