It can feel as though every week there’s a new stablecoin announcement from a traditional financial player. The one thing they all have in common?...
OpenAI CEO Sam Altman was grilled by a Democratic senator this week about his view that up to 70% of jobs could be eliminated by...
A stablecoin bill, the GENIUS Act, is headed to the full Senate after being advanced by an 18-6 vote in the Senate Banking Committee. The Thursday (March 13)...
Senate Banking Committee Chairman Tim Scott, R-S.C., has introduced a bill that would stop federal banking agencies from using reputational risk as a measure to determine...
A pair of Senate Democrats say they want to kick DOGE out of the Consumer Financial Protection Bureau (CFPB). The reasoning, as Bloomberg News reported Wednesday (Feb. 19),...
Top banking executives have reportedly met with Republican senators over the issue of “debanking.” That’s a term, growing increasingly popular in conservative circles of late,...
Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. The Sanders-Hawley...
Could TikTok have a future in the U.S. under a new administration? President-elect Donald Trump seemed to signal as much in a speech to conservative supporters Sunday (Dec. 22)....