Sections
Congress
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1.8KANTITRUSTCongress Seeks Competition Info From Apple
The U.S. House Judiciary Committee is conducting an investigation into Apple over potential antitrust practices, and on Friday (Sep. 13) it requested...
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1.9KSecurity & FraudBig Tech CEOs Petition Congress For Data Privacy Law
An open letter to Congress asking for a consumer data privacy law was signed by 51 CEOs across tech and other industries,...
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3.2KRegulationUS Congress Discovers Alleged Flaws In Deutsche Bank Controls
U.S. congressional investigators have found possible failures in Deutsche Bank AG’s money laundering controls. Sources familiar with the matter told Reuters that...
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2.8KCryptocurrencyUS Lawmakers Visit Switzerland To Talk Libra
During an upcoming visit to Switzerland, American lawmakers plan to discuss Facebook’s proposed cryptocurrency, Libra. A group of six lawmakers, led by...
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3.3KAmazonAmazon Accused Of Punishing Sellers With Better Offers On Walmart
Merchants who sell their products on both Amazon and Walmart are complaining about the pressure they’re getting from Amazon to raise their...
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6.0KCryptocurrencyRipple Defends Crypto To Congress In Open Letter
Ripple CEO Brad Garlinghouse and its Executive Chairman Chris Larsen penned an open letter to Congress regarding the regulations of cryptocurrencies. The...
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2.6KB2B PaymentsSenators Move To Keep Export-Import Bank Alive
U.S. lawmakers submitted a bill to Congress Wednesday (July 24) in an effort to reauthorize the nation’s Export-Import Bank for the next...
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4.8KInternet of ThingsEven For Smart Sprinklers, Security Matters
The Internet of Things (IoT) continues to grow in popularity: A recent International Data Corporation (IDC) study projects there will be 41.6...
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3.3KRegulationLibra’s Long Week In Washington
While we cannot accurately say that the two days Facebook’s David Marcus were the worst two days a Facebook executive has ever...
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3.0KBitcoinBitcoin Price Sinks On Libra Concerns
Lawmakers doubts over Facebook‘s planned cryptocurrency, Libra, is having a negative impact on bitcoin. The Wall Street Journal reported that bitcoin’s price...
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2.1KCryptocurrencyMarcus: Facebook’s Libra To Be Regulated By Swiss Gov’t
David Marcus, the head of Facebook’s blockchain department and the face of its proposed cryptocurrency Libra, has released his congressional testimony ahead...
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3.7KRegulationLawmakers Propose Bill To ‘Keep Big Tech Out Of Finance’
Just days before the Facebook Libra hearings, a draft bill to limit “Big Tech’s” entry into finance and crypto has surfaced online....
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2.0KLegalCannabis Law Reform Gains Momentum In Congress
In a first-ever congressional hearing on marijuana law reform, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security convened July 10...
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2.9KCryptocurrencyFed Chairman Calls For Libra Freeze; Bitcoin Slumps
The chairman of the U.S. Federal Reserve called for a stop to Libra, Facebook’s proposed cryptocurrency, until the project better demonstrated how...
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1.9KFacebookFed’s Powell Shares Libra Concerns With US Lawmakers
The Chairman of the Federal Reserve Jerome Powell spoke to a congressional committee on Wednesday (July 10) about the organization’s concerns with...
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2.6KCryptocurrencyFacebook’s Marcus Defends Libra To House Financial Services Chair
The head of Facebook’s new cryptocurrency project, Libra, is defending the company in a letter to Rep. Maxine Waters (D-CA) and other...
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4.5KRegulationTrump Pauses Addition Of New Tariffs On Chinese Products
The United States has removed certain restrictions on Huawei Technologies Co. The move comes as President Donald Trump and Chinese President Xi...
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2.4KSecurity & FraudLawmakers Hit A Wall In Creating National Privacy Law
Efforts from lawmakers in the U.S. to come up with a national privacy law have hit a wall, with Senators unable to...
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1.5KBiometricsAgency Says FBI’s Facial Recognition Tech Falls Short
The Government Accountability Office (GAO) and members of congress say the FBI’s use of facial recognition technology isn’t private or accurate enough,...
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2.0KLegalCongress Supports Facial Recognition Regulation
Members of Congress supported a plan to draft legislation aimed at the use of facial recognition software by law enforcement on Wednesday...
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2.2KBankingDems Want Bank Execs To Testify Before Congress Each Year
Democrats would like to see bank executives get grilled by Congress on an annual basis. After Wall Street leaders spent hours answering...
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3.7KBank RegulationNew Allies Aim To Solve Cannabis Payments Problem
It really wasn’t supposed to be this way, not as cannabis steadily became legal across the United States. Read the old pro-legalization...
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2.6KB2B PaymentsEasing Chapter 11 Pain For Small Businesses
U.S. lawmakers continue to press for more affordable bankruptcy for small businesses, with Congress reintroducing the Small Business Reorganization Act earlier this...
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3.4KRegulationLawmakers Seek New Regs Aimed At Tech Algo Biases
U.S. lawmakers have proposed a bill that would make tech companies detect and remove any discriminatory biases found in their technologies. The...
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4.7KBank RegulationBank CEOs To Assure Congress The Financial System Is Stronger Now
The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations...
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6.0KBank RegulationCannabis Banking Bill Gains Steam in US House
A bill that could bring clarity to payments for legal cannabis purchases in the U.S. was set for an important vote this...
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3.7KPoliticsFinancial, Regular Firms Want Banks To Work With Pot Companies
Financial firms, fertilizer, beverage, and other mainstream companies are calling on Congress to enable pot companies to have access to banks. According...
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3.9KBitcoinBitcoin Daily: Bitcoin Lightning Payments Come To Retail; Rep. McCarthy Eyes Blockchain For Gov’t Efficiency, Transparency
A beer vending machine that accepts cryptocurrency payment is now available for preorder. Decentralized identity startup Civic debuted a $15,000 machine that...
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4.5KRegulationCFPB Head Faces Privacy Questions From Senate
The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues...
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4.3KBankingBanker’s ‘Half Dozen’ To Testify Before Congress This Spring
Call it a reunion of sorts, a gathering of banking execs not seen since the less-than-heady days of the financial crisis a...
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5.1KCFPBCFPB Asks Congress For Authority To Oversee Military Lending Act Compliance
The Consumer Financial Protection Bureau (CFPB) has asked the United States Congress for the authority to supervise compliance of the Military Lending...
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6.4KSafety and SecurityUS Senators Propose New Office To Combat Tech Theft
To contend with technology threats from China, two U.S. senators brought forward a bill that would make an office in the White...
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3.8KPayment MethodsUS Gov’t Offers Furloughed Workers Form Letters For Creditors
The agency that handles the federal workforce suggested that furloughed workers affected financially by the government shutdown could offer to pay only...
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4.7KFacebookFacebook Breaches Stoke Calls For New Regs
The Facebook Cambridge Analytica breach and the knowledge that the company was selling private information to companies might mean that Congress will...
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4.5KSecurity & FraudGoogle CEO Denies Data Privacy Breach, Bias
U.S. Congress grilled Google Chief Executive Officer Sundar Pichai on Tuesday (Dec. 11) about how the company approaches privacy and whether it...
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4.9KCryptocurrencyUS Reps Call For Crypto Regulation Research
To help further use of digital currency and head off price manipulation, two U.S. representatives have proposed bipartisan bills in Congress. Republican...
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3.8KGoogleGoogle CEO To Face Congress Over Data Privacy
Sundar Pichai, Google’s chief executive is preparing to testify before the U.S. Congress next week in what is expected to be a...
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4.7KRegulationCongress Writes Second Letter To Amazon About Rekognition
Eight members of Congress wrote a letter to Amazon CEO Jeff Bezos on Thursday, reiterating its concerns about the tech giant’s facial...
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8.3KRegulationChanges Coming To House Financial Services Committee Under New Congress
Democratic Rep. Maxine Waters reportedly wants the House Financial Services Committee to go in a new direction if she leads it, which...
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2.9KDataBig Tech Backs Idea Of New Data Privacy Laws
Big Tech companies Amazon, Apple, AT&T, Charter, Google, and Twitter have backed the idea that there is a need for new federal...
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4.7KRegulationDigital Privacy, Security Issues Take Spotlight At Congressional Hearings
Top executives from Twitter and Facebook sought to reassure U.S. lawmakers on Wednesday (Sept. 5) that they can better protect users from...
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3.9KRegulationBipartisan Policy Center Report Urges Small Business Financial Reforms
A new report by the Bipartisan Policy Center recommended several reforms that would help the U.S. financial system improve the ability of...
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2.7KRegulationNewest Version Of JOBS Act Wins Approval In The US House
Raising capital could become easier for businesses, especially smaller firms, under legislation that easily made it through the U.S. House of Representatives...
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4.9KBank RegulationBank-Friendly OCC Head To Testify Before Congress
The White House’s move to appoint Joseph Otting as the Comptroller of the Currency in November underscores the changing relationship between the...
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3.6KSecurity & FraudEquifax Gives Congress More Breach Data Information
Equifax, the embattled credit scoring company that was the subject of a massive data breach last fall, provided several congressional committees in...
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5.6KCFPBMulvaney Pitches New CFPB Governance To Congress
In his first semiannual report to Congress, Mick Mulvaney said he is taking a narrow approach to running the Consumer Financial Protection...
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4.0KFacebookEven Mark Zuckerberg’s Data Ended Up With Cambridge Analytica
Facing his second congressional hearing in Washington this afternoon (April 11), CEO Mark Zuckerberg told lawmakers that he was among the 87...
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5.7KAmazonFormer Walmart CEO Criticizes Amazon And Suggests It Be Split Up
Donald Trump isn’t the only one who has issues with Amazon. The former CEO of Walmart has criticized the eCommerce giant and...
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3.5KFacebookZuckerberg To Testify Before Congress
Facebook Chief Executive Mark Zuckerberg, facing repeated calls to testify before Congress over the Cambridge Analytica user data scandal, has decided to...
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3.2KLegalCongress Receives Petition To Make Cannabis Banking Legal
Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have...
