Congress

Dems Want Bank Execs To Testify Before Congress Each Year
Dems Want Bank Execs To Testify Before Congress Each Year
May 16, 2019  |  Banking

Democrats would like to see bank executives get grilled by Congress on an annual basis. After Wall Street leaders spent hours answering lawmakers’ questions at...

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New Allies Aim To Solve Cannabis Payments Problem
New Allies Aim To Solve Cannabis Payments Problem
May 10, 2019  |  Bank Regulation

It really wasn’t supposed to be this way, not as cannabis steadily became legal across the United States. Read the old pro-legalization magazines, or revisit...

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Easing Chapter 11 Pain For Small Businesses
Easing Chapter 11 Pain For Small Businesses
April 24, 2019  |  B2B Payments

U.S. lawmakers continue to press for more affordable bankruptcy for small businesses, with Congress reintroducing the Small Business Reorganization Act earlier this month. Reports in...

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Lawmakers Seek New Regs Aimed At Tech Algo Biases
Lawmakers Seek New Regs Aimed At Tech Algo Biases
April 11, 2019  |  Regulation

U.S. lawmakers have proposed a bill that would make tech companies detect and remove any discriminatory biases found in their technologies. The Algorithmic Accountability Act...

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Bank CEOs To Assure Congress The Financial System Is Stronger Now
Bank CEOs To Assure Congress The Financial System Is Stronger Now
April 09, 2019  |  Bank Regulation

The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations following the Great...

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Cannabis Banking Bill Gains Steam in US House
Cannabis Banking Bill Gains Steam in US House
March 27, 2019  |  Bank Regulation

A bill that could bring clarity to payments for legal cannabis purchases in the U.S. was set for an important vote this week in the...

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Financial, Regular Firms Want Banks To Work With Pot Companies
Financial, Regular Firms Want Banks To Work With Pot Companies
March 27, 2019  |  Politics

Financial firms, fertilizer, beverage, and other mainstream companies are calling on Congress to enable pot companies to have access to banks. According to a report...

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Bitcoin Daily: Bitcoin Lightning Payments Come To Retail; Rep. McCarthy Eyes Blockchain For Gov’t Efficiency, Transparency
Bitcoin Daily: Bitcoin Lightning Payments Come To Retail; Rep. McCarthy Eyes Blockchain For Gov’t Efficiency,...
March 15, 2019  |  Bitcoin

A beer vending machine that accepts cryptocurrency payment is now available for preorder. Decentralized identity startup Civic debuted a $15,000 machine that can verify a...

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CFPB Head Faces Privacy Questions From Senate
CFPB Head Faces Privacy Questions From Senate
March 13, 2019  |  Regulation

The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online...

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