(source: en.wikipedia.org)
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. In 2024, Truth...
OpenAI hopes its biggest benefactor will back its plans for artificial general intelligence (AGI). Sam Altman, chief executive of the artificial intelligence (AI) firm, told...
The perfect artificial intelligence (AI) regulation should ensure the technology doesn’t turn on its creators. But it also needs to ensure that the regulation itself...
In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...
American regulators approved new guidelines for monitoring financial risk following this year’s banking crisis. The U.S. Treasury Department’s Financial Stability Oversight Council (FSOC) on Friday (Nov. 3) announced it...
President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI...
The steady drumbeat of legislation and regulation echoes through federal buildings in Washington, D.C. and through state capitols across the country. Kim Ford, senior vice...
The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards...
Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...