House Republicans think America’s financial oversight bodies need some oversight of their own. U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, re-introduced legislation Wednesday...
A top House Republican wants to overturn a recent federal regulation governing non-bank financial companies. Rep. French Hill (R-Ark.) introduced a resolution Wednesday (April 17) that would yank the...
House Financial Services Committee (HFSC) Chairman Patrick McHenry (R-N.C.) said Thursday (March 21) that the Basel III Endgame proposal and other projects threaten to give global governance...
A top House Republican says the White House’s new beneficial ownership rules are needlessly complex. U.S. Rep. Patrick McHenry, (R-N.C.), head of the House Financial Services...
Stablecoins need more regulation. Stablecoins might, in some cases, cause runs. And as government officials and financial institutions (through the Bank for International Settlements) sound...
Generative artificial intelligence (AI), like most programming languages, uses Epoch Time to standardize its operations. Epoch Time is the number of seconds that have elapsed...
A bipartisan congressional working group will explore the impact of artificial intelligence (AI) on the financial services and housing industries. The formation of the Working...
A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...
Crypto company Circle Internet Financial is counting on its $1 billion cash cushion to weather fresh competition from non-crypto companies such as PayPal Holdings. Stablecoins are a...