politics

Biden Considering Sarah Bloom Raskin to Take Top Fed Banking Spot
Biden Considering Sarah Bloom Raskin to Take Top Fed Banking Spot
December 28, 2021  |  Legal & Regulation

The Biden administration is considering former Fed governor Sarah Bloom Raskin for a top position at the Federal Reserve. As the Wall Street Journal reported...

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Sen Lummis’ Christmas Present to Crypto: Clear Regulation in the New Year
Sen Lummis’ Christmas Present to Crypto: Clear Regulation in the New Year
December 27, 2021  |  Cryptocurrency

Senator Cynthia Lummis plans to give the crypto industry the Christmas present it wants. Late last week, the Wyoming Republican revealed plans to introduce a...

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Lawmakers Press Biden to Push Big Tech Regs
Lawmakers Press Biden to Push Big Tech Regs
December 26, 2021  |  Big Tech

President Joe Biden is facing pressure to get more into the fight over regulating social media and online platforms, The Wall Street Journal reports. Both...

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Bank Chief Says Russia Anticipates Staying Connected to SWIFT
Bank Chief Says Russia Anticipates Staying Connected to SWIFT
December 19, 2021  |  Cross-border Payments

The Russian financial system could survive even if disconnected from the global SWIFT interbank payment system, according to the head of the country’s VTB Bank,...

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Biden Signs Executive Order on Streamlining Various Government Processes
Biden Signs Executive Order on Streamlining Various Government Processes
December 13, 2021  |  Legal & Regulation

U.S. President Joe Biden signed an executive order on Monday (Dec. 13), making it so 17 government agencies will now have to make it easier...

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Saule Omarova, Biden’s Nominee to Regulate Big Banks, Withdraws Bid to Head OCC
Saule Omarova, Biden’s Nominee to Regulate Big Banks, Withdraws Bid to Head OCC
December 07, 2021  |  Bank Regulation

After two months of hand-wringing and criticism from the financial industry and political opponents who feared President Biden’s nominee to oversee the nation’s top banks...

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White House Looks to Fight Real Estate Money Laundering
White House Looks to Fight Real Estate Money Laundering
December 07, 2021  |  Real Estate

The White House is looking for public input on ways to fight corruption in the U.S. real estate market, part of a larger project to...

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US Could Disconnect Russia from SWIFT Payments to Deter Ukraine Invasion
US Could Disconnect Russia from SWIFT Payments to Deter Ukraine Invasion
December 06, 2021  |  Legal & Regulation

Sanctions against Russia by the U.S. are being weighed to deter Russian President Vladimir Putin from launching an invasion into Ukraine, including severing the country...

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Bob Dole’s Passing Spurs Thoughts on Debit’s Heady Rise Since 1996
Bob Dole’s Passing Spurs Thoughts on Debit’s Heady Rise Since 1996
December 06, 2021  |  Payment Methods

Bob Dole died this weekend, at the age of 98. Whatever your view of his politics or career might be, his passing gives cause to...

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