Source: federalreserve.gov
The word “uncertainty” appears in the Federal Reserve’s latest Beige Book 34 times. The report, which comes out eight times a year and offers qualitative...
Generally speaking, the more capital in the markets, the better — as that money finds its way into new growth opportunities (including innovative firms) and...
The regulatory framework should not prevent banks from providing innovative and competitive products and services, Federal Reserve Gov. Michelle W. Bowman said Monday (Feb. 17). Speaking...
U.S. consumer borrowing saw a surprise surge in December, the largest increase on record. Total credit rose by $40.8 billion following a $5.4 billion decline...
Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. The Sanders-Hawley...
FinTech company FIS said Tuesday (Feb. 4) that it is now certified to enable send capabilities for credit transfers in the FedNow® Service. By offering...
Coinbase is reportedly lobbying American regulators to make bank-cryptocurrency partnerships more feasible. The country’s largest crypto exchange called on banking regulators to clarify or amend...
At the Consumer Financial Protection Bureau, a sizable shoe has dropped. CFPB Director Rohit Chopra’s firing over the weekend by President Donald Trump was no...