Congress

House Chairwoman Tells FDIC To Halt ILC Charters
House Chairwoman Tells FDIC To Halt ILC Charters
March 15, 2020  |  Loans

Congresswoman Maxine Waters, chairwoman of the House Committee on Financial Services, wants to stop any new Industrial Loan Company (ILC) charters until further notice, citing...

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Congress Blasts Former Wells Fargo Bosses Over Resignations
Congress Blasts Former Wells Fargo Bosses Over Resignations
March 11, 2020  |  Bank Regulation

The recent resignations of Wells Fargo board Chairman Elizabeth Duke and board member James Quigley drew criticism by Congress during the first hearing on Capitol...

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Congress Closes $8B Deal To Fight COVID-19
Congress Closes $8B Deal To Fight COVID-19
March 04, 2020  |  Safety and Security

Congress reached a deal on Wednesday (March 4) for an $8.3 billion bipartisan emergency funding package to fight the Coronavirus, according to reports. Get the...

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Waters Tells CFPB Head To Do Better
Waters Tells CFPB Head To Do Better
February 06, 2020  |  CFPB

The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that...

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DOJ To Review Liability Law For Online Content Companies
DOJ To Review Liability Law For Online Content Companies
January 26, 2020  |  Legal

The U.S. Department of Justice (DOJ) is organizing a workshop to review a federal law that predominantly releases websites from legal culpability for anything their...

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Bitcoin Daily: Gemini Creates Insurance Unit To Protect Against Crypto Theft; South Korea’s Bithumb Exchange To Fight Crypto Tax Bill
Bitcoin Daily: Gemini Creates Insurance Unit To Protect Against Crypto Theft; South Korea’s Bithumb Exchange...
January 17, 2020  |  Bitcoin

U.S. crypto firm Gemini has debuted an in-house insurer to cover its assets, according to a report Thursday (Jan. 16) by Reuters. Get the Full...

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Cyberexperts Flag Danger Of Deepfakes At House Hearing
Cyberexperts Flag Danger Of Deepfakes At House Hearing
January 08, 2020  |  Safety and Security

Researchers have reported concerns about the timely importance of addressing deep fakes and other types of digital deception amid the backdrop of the upcoming presidential...

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What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
November 25, 2019  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Lawmakers Question Airbnb On Non-Compliant Listings
Lawmakers Question Airbnb On Non-Compliant Listings
November 22, 2019  |  Regulation

Airbnb is facing questions from U.S. lawmakers who want information about hosts who go against the company’s policies and don’t comply with local laws. Six members...

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