In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...
Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...
The cryptocurrency industry has long been asking Washington for more regulatory clarity. This week could finally put the sector on the road to that goal,...
Senators have called on regulators to protect consumers from artificial intelligence (AI)-powered scams. In a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra,...
The failures of Silicon Valley Bank (SVB) and Signature Bank were unlike any in history. U.S. lawmakers are hoping to get to the bottom of...
Few debates rage as fiercely today as how to protect bank customers — and how much protection they need. A trio of regulators appeared before...
Possible future banking regulations came to light during a Senate committee hearing. The proposals were mentioned by Federal Reserve Vice Chair for Supervision Michael Barr...
Lawmakers let their frustrations with regulators fly during Tuesday’s (March 28) Senate Banking Committee hearing. The collapse of Silicon Valley Bank (SVB) and Signature Bank...
It’s common practice on Capitol Hill for witnesses — appearing before various committees — to release their testimony ahead of time. And what’s written down...