The clock is running out on TikTok’s U.S. ambitions. President Joe Biden on Wednesday (April 24) signed a bipartisan measure that gives TikTok’s owner, Chinese...
President Joe Biden has signed a law banning TikTok unless it’s sold within a year. As NPR noted in its report Wednesday (April 24), the law is the largest threat...
Sen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles, according to experts, who say the technology’s rapid advancement and wide-ranging...
When is a loan not a loan? That is, in one sense, the question at the heart of proposed new federal legislation around earned wage access (EWA)...
House Republicans think America’s financial oversight bodies need some oversight of their own. U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, re-introduced legislation Wednesday...
A top House Republican wants to overturn a recent federal regulation governing non-bank financial companies. Rep. French Hill (R-Ark.) introduced a resolution Wednesday (April 17) that would yank the...
Two U.S. lawmakers have introduced legislation to govern the use of stablecoins. The legislation, announced Wednesday (April 17) by Sen. Kirsten Gillibrand (D-N.Y.) and Sen. Cynthia Lummis (R-Wyo.) would...
The U.S. Treasury Department wants more tools to curb terror financing. Deputy Secretary Adewale O. Adeyemo is due to testify before the Senate Banking Committee Tuesday (April...
House Financial Services Committee (HFSC) Chairman Patrick McHenry (R-N.C.) said Thursday (March 21) that the Basel III Endgame proposal and other projects threaten to give global governance...