(source: en.wikipedia.org)
House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a...
The Department of the Treasury is seeking expanded powers to combat the use of digital assets in illicit finance. The department provided Congress with recommendations...
Last week, Binance agreed to pay $4 billion to resolve a Department of Justice investigation. Although that case is in the rearview mirror, the world’s...
The Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay $12 million for submitting incomplete mortgage lending data to the federal government. Hundreds...
The Biden administration says it is releasing new funding to help underserved small businesses. The $50 million in funding, announced Tuesday (Nov. 21), comes from the American Rescue Plan...
Changes in tax reporting loom on the horizon — though recently were delayed a bit — as more commerce moves online. Wendy Walker, solutions principal...
The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. For...
The Federal Trade Commission (FTC) has taken a proactive stance in protecting consumers from the potential dangers of artificial intelligence-enabled voice cloning technology. The FTC...
America’s banking giants are reportedly on the hook for replenishing the government deposit insurance fund. The Federal Deposit Insurance Corp. (FDIC) is going to approve...