politics

Bipartisan Momentum Driving Big Tech Legislation

Bipartisan Momentum Driving Big Tech Legislation
Bipartisan Momentum Driving Big Tech Legislation
October 19, 2021  |  Legal & Regulation

Lawmakers on both sides of the aisle are backing legislation to reel in Big Tech firms and institute content restraints, aiming to deter the spread...

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Senate Narrowly Confirms Rohit Chopra as Consumer Watchdog Boss
Senate Narrowly Confirms Rohit Chopra as Consumer Watchdog Boss
October 01, 2021  |  CFPB

The U.S. Senate confirmed President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB) 50-48 in a party-line vote that got no Republican...

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Sen. Warren, Others Seek Info From SPACs
Sen. Warren, Others Seek Info From SPACs
September 22, 2021  |  IPO

Senator Elizabeth Warren, along with three other Senate Democrats, wants to bring serious scrutiny to the SPAC process, as letters they sent to the most...

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CFPB Nominee Rohit Chopra Could Soon Gain Senate Approval
CFPB Nominee Rohit Chopra Could Soon Gain Senate Approval
September 22, 2021  |  Legal & Regulation

Rohit Chopra, President Biden’s nominee to lead the Consumer Finance Protection Bureau (CFPB), looks to be close to approval by the Senate, The Wall Street...

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Banking Groups Ask US House to Kill Proposed Account Reporting
Banking Groups Ask US House to Kill Proposed Account Reporting
September 19, 2021  |  Bank Regulation

U.S. banking lobby groups want to nix a proposal for bank account reporting that’s part of the congressional reconciliation package. Get the Full Story Complete...

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Yellen Asks Congress to Make Banks Report Taxpayer Cash Flows to IRS
Yellen Asks Congress to Make Banks Report Taxpayer Cash Flows to IRS
September 16, 2021  |  Taxes

Treasury Secretary Janet Yellen and IRS commissioner Charles Rettig have been pressuring lawmakers to give the IRS more information on taxpayers’ bank accounts. Get the...

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NY Gov. Hochul Taps Obama Vet Harris as Top Financial Watchdog
NY Gov. Hochul Taps Obama Vet Harris as Top Financial Watchdog
August 31, 2021  |  Personnel

New York Gov. Kathy Hochul has tapped Adrienne Harris, a veteran of former President Barack Obama’s White House, to take the reins of the state’s...

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Chinese President Xi Calls For Wealth Redistribution
Chinese President Xi Calls For Wealth Redistribution
August 18, 2021  |  Cross-border Payments

Chinese President Xi Jinping is calling for wealth redistribution that includes a framework for “common prosperity,” curbing excessive incomes and working to avert financial risks,...

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