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lawmakers
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2.5KDigital BankingNY Lawmakers Push For Public eBanking System
Lawmakers in New York have proposed a public electronic banking system that would essentially function like payment service Venmo, with the purpose...
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1.4KFacebookLawmakers Question Facebook’s Location Tracking Practices
Two senators, Josh Hawley of Missouri and Chris Coons of Delaware, have written a letter to Facebook CEO Mark Zuckerberg regarding Facebook’s...
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3.6KRegulationUK Election Puts Big Tech Digital Tax On Hold
A silver lining looms for Big Tech in the chaos that is Brexit. As noted by Bloomberg last week, the December elections...
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11.0KGig EconomyWhat’s Wrong With The Attack On Gig Economy Pay
Drivers can’t make ends meet. Given the median income of roughly $25,000 a year and the number of hours required behind the...
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2.9KFacebookDespite Meeting Swiss, US Lawmakers Remain Libra Skeptics
U.S. House Financial Services Committee Chair Maxine Waters met with government officials in Switzerland about Libra, and said she remained concerned about...
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4.3KCryptocurrencyUS Lawmakers Visit Switzerland To Talk Libra
During an upcoming visit to Switzerland, American lawmakers plan to discuss Facebook’s proposed cryptocurrency, Libra. A group of six lawmakers, led by...
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4.8KRegulationLawmakers Propose Bill To ‘Keep Big Tech Out Of Finance’
Just days before the Facebook Libra hearings, a draft bill to limit “Big Tech’s” entry into finance and crypto has surfaced online....
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3.0KRegulationLawmakers Call For Stricter Guidelines On NSA Data Collection
Two lawmakers want to pass an amendment that aims to stop a massive data collection program run by the National Security Agency...
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2.9KSecurity & FraudLawmakers Hit A Wall In Creating National Privacy Law
Efforts from lawmakers in the U.S. to come up with a national privacy law have hit a wall, with Senators unable to...
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2.7KBankingDems Want Bank Execs To Testify Before Congress Each Year
Democrats would like to see bank executives get grilled by Congress on an annual basis. After Wall Street leaders spent hours answering...
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3.8KTaxesLawmakers Want FTC To Investigate H&R Block, TurboTax
H&R Block and Intuit, the maker of TurboTax software, are facing calls from lawmakers for the Internal Revenue Service to cancel agreements...
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2.8KBlockchainOhio Bill Urges Gov’t To Adopt Blockchain
Blockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use...
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5.0KBank RegulationBank CEOs To Assure Congress The Financial System Is Stronger Now
The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations...
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5.3KPersonnelBuffett Tells Wells To Cast Wide Net For New Chief
Famed investor and Wells Fargo’s largest shareholder Warren Buffett urged the bank to look beyond Wall Street to find a new chief...
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4.0KPoliticsFinancial, Regular Firms Want Banks To Work With Pot Companies
Financial firms, fertilizer, beverage, and other mainstream companies are calling on Congress to enable pot companies to have access to banks. According...
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4.3KRegulationCalif Lawmakers Seek More Stringent Data Privacy Law
California lawmakers are looking to make their strictest-in-the-nation data privacy law even tougher. Last year, California passed the California Consumer Privacy Act (CCPA) that provides...
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7.0KBlockchainRipple Heads Up New Crypto Lobbying Group; Pays In XRP
Ripple, the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk, citing a Business...
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2.0KPoliticsTech Titans To Face Lawmakers During Hearings This Week
The technology sector will be on display this week as lawmakers begin holding hearings to look into concerns about antitrust issues. It...
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4.4KAmazon TechnologyLawmakers Want Information On Amazon’s Facial Recognition Tech
Democratic Representatives Keith Ellison of Minnesota and Emanuel Cleaver of Missouri are demanding answers from Amazon as to how its facial recognition...
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4.0KRegulationTrump Administration Delays Financial Regulatory Relief Bill
Mark Calabria, chief economist for Vice President Mike Pence, warned Wednesday (Jan. 17) that a financial regulatory relief legislation will have to...
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5.2KSecurity & FraudSenate Demands Answers From Uber Over Hack
Lawmakers sent a letter to Dara Khosrowshahi, the chief executive of Uber, saying that the data breach, which the company paid hackers...
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4.9KSecurity & FraudFTC Launches Investigation Into Equifax Breach
The Federal Trade Commission has launched an investigation into the data breach at Equifax that impacted 143 million consumers. According to a...
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5.0KSecurity & FraudWells Fargo To Slash 69 Executive Roles; Faces Calls For Board To Be Removed
Wells Fargo, the embattled national bank, is gearing up to slash 69 executive positions in its retail unit. The sector been struggling...
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4.9KSecurity & FraudUS Lawmakers Want US Agencies To Provide Information On Kaspersky Lab
Russian cybersecurity company Kapersky Lab is under fire as a U.S. congressional panel requests 22 internal government agencies share information on the...
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3.1KInternationalLawmakers Worried About China’s US Dealmaking
The White House under President Donald Trump and a group of Democratic and Republican lawmakers are calling for new laws aimed at...
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2.9KRegulationLawmakers Want NHTSA To Study Connected Car Security
Aiming to beef up security in connected and driverless cars, a group of lawmakers have introduced a bipartisan bill in the House of...
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3.1KRegulationAirbnb And HomeAway Facing Calls For FTC To Investigate Industry
Airbnb and HomeAway are facing calls from a group of lawmakers and community groups that want the Federal Trade Commission to investigate the firms,...
