Congress

Bill Could Force Google to Break up Ad Business

Bill Could Force Google to Break up Ad Business
Bill Could Force Google to Break up Ad Business
May 19, 2022  |  Google

Google could be forced to break up its ad business if a bill introduced Thursday (May 19) by Sen. Mike Lee, R-Utah, becomes law. Get...

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PYMNTS AM Radar: Tether Selloff; That ‘70s Algorithm; One-Click Nirvana; Klarna Expansion; ICYMI
PYMNTS AM Radar: Tether Selloff; That ‘70s Algorithm; One-Click Nirvana; Klarna Expansion; ICYMI
May 17, 2022  |  Digital Payments

Today is Tuesday (May 17), and it’s the biggest day for voting so far in 2022, with ballots being cast by Dems and GOP voters...

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Senate Democrats Grill Visa, Mastercard over Swipe Fees
Senate Democrats Grill Visa, Mastercard over Swipe Fees
May 05, 2022  |  Payment Methods

At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks...

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Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight
Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight
May 03, 2022  |  Cryptocurrency

Republican and Democratic lawmakers last week (April 28) introduced the Digital Commodity Exchange Act of 2022 in the House, which essentially authorizes the Commodity Futures...

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CFPB’s Chopra Hints at Credit Card Rule Changes in Congress Hearing
CFPB’s Chopra Hints at Credit Card Rule Changes in Congress Hearing
April 28, 2022  |  CFPB

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) gave his testimony before the House Committee on Financial Services on Wednesday (April 27), one...

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Critics Raise Caution Over Congress Members Who Own Crypto Assets
Critics Raise Caution Over Congress Members Who Own Crypto Assets
April 26, 2022  |  Cryptocurrency

As Congress begins to regulate the burgeoning cryptocurrency sector, critics have raised concerns about the increasing number of lawmakers who own digital assets, Bloomberg reported...

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CFPB Director to Testify on Open Banking, Privacy to Senate Committee
CFPB Director to Testify on Open Banking, Privacy to Senate Committee
April 25, 2022  |  CFPB

U.S. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra plans to tell Congress this week about a proposed measure to regulate open banking and small...

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Small Businesses Object to Lawmakers’ Plan to Reallocate Unspent COVID-19 Relief
Small Businesses Object to Lawmakers’ Plan to Reallocate Unspent COVID-19 Relief
April 18, 2022  |  Economy

Small business owners are not happy about a new proposal in Congress to redirect unspent money from COVID-19 programs to give $10 billion for various...

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