America’s treasury secretary says the entire Federal Reserve needs to be examined. Interviewed by CNBC Monday (July 21), Scott Bessent declined to comment on reports...
Four financial industry trade associations said Monday (June 9) that federal agencies should limit their data collection to “only what is necessary” after a series...
Regulators are reportedly preparing to loosen banking restrictions imposed following the 2008 financial crisis. As Politico reported Saturday (May 31), financial regulators are close to...
Four Democratic Senators reportedly said Friday (May 9) that they want answers from government officials about any ties between the digital asset ventures related to...
The Treasury Department is reportedly taking the lead in the Trump Administration’s efforts to streamline oversight and ease regulation in the banking sector. Treasury Secretary Scott Bessent has been...
The Treasury Department is reportedly drafting recommendations that would streamline other banking regulators and give the department more control over them. Treasury began drafting these...
White House efforts to cut spending on a low-income lending program, the Community Development Financial Institutions Fund (CDFI Fund), are reportedly encountering opposition. Bankers, industry executives, lawmakers...
On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s State Dining Room, where the nation’s first...
Treasury Secretary Scott Bessent said Friday (March 7) that he is a “big proponent of the U.S. taking the worldwide lead in crypto.” Speaking on...