Government news and trends

Canada’s Draft Stablecoin Rules Uphold Ban on Yield Payments

October 26, 2026
BofA Equips Canadian Businesses for Real-Time Treasury
NYC’s Proposed POWER Act Would Open New Front for Business Litigation
Legal & Regulation // October 26, 2026

New York City businesses could face an expansion of private litigation over unfair, deceptive and abusive practices under proposed legislation that would reach beyond financial services. The POWER Act, short for People and Organizations Winning Economic Relief, would create a broad private right of action...

Virginia Orders AI Cybersecurity Plan as States Fill Federal Safety Gaps
Artificial Intelligence // October 26, 2026

Virginia Gov. Abigail Spanberger ordered a statewide cybersecurity strategy to address threats from artificial intelligence, adding to states’ efforts to fill preparedness gaps left by the absence of comprehensive federal AI guardrails. Executive Directive 6, issued Friday (Oct. 23), instructs Virginia’s secretary of public safety...

States Move to Rein in Rogue AI as Federal Guardrails Lag
News // October 23, 2026

States are developing safeguards against artificial intelligence agents that evade human control, stepping into a regulatory gap left by Congress amid growing concerns over cybersecurity, public infrastructure and government data. California is evaluating independent audits and mechanisms for shutting down advanced AI models, while a...

Governments Urged to Plan for Breaches That Defenses Cannot Stop
Cybersecurity // October 20, 2026

State and local governments need to prepare for attackers getting inside their networks, with cybersecurity protocols that contain intrusions before they disrupt water systems, transportation, benefits payments and other essential services. That is the central recommendation of a commentary published by Route Fifty, which argues...

Interviews & Exclusives
AI Agents Are Going to Work at City Hall

October 19, 2026
Government services have always moved slowly. Long queues, paper forms and manual reviews define an experience most citizens dread. Tighter budgets and shrinking workforces are making that model harder to sustain. AI agents are arriving in the public sector not as a convenience but as a structural response to a workforce that can no longer […]

Congress Wants to Unplug the Scam Call Factory

October 07, 2026
A pair of representatives last week unveiled legislation targeting one piece of the increasingly industrialized fraud economy. Reps. Jefferson Shreve of Indiana and Rob Menendez of New Jersey introduced the...

Visa Direct Panel Maps Path to Faster Government Payments

October 01, 2026
Watch more: Government Disbursements Need to Move at the Speed of Need For a household waiting on food assistance or disaster relief, a payment that is somewhere between the government...

Government Payment Delays Cost Time, Not Just Money

September 29, 2026
The cost of a delayed government payment does not end when the money finally arrives. Every status inquiry, phone call, payment trace and reissued check represents additional work for both...

Quick Reads
Canada’s Draft Stablecoin Rules Uphold Ban on Yield Payments

October 26, 2026
Canada began a 60-day consultation period on draft stablecoin regulations, CoinDesk reported Monday (Oct. 26). The regulations uphold a ban on yield payments and require nonbank issuers to keep their reserves with Canadian financial institutions, the report said. The consultation, which ends Dec. 23, is happening as Canadian banks lobby for a prohibition on yield […]

Tech Giants Contribute $2.4 Billion in AI Resources to White House Science Mission

October 08, 2026
The White House announced Thursday (Oct. 8) that 11 companies have committed a total of $2.4 billion in artificial intelligence, which the administration dubs “super intelligence,” to support federal agencies...

Student Lender Mpower Shutters Following Immigration Crackdown

October 07, 2026
Mpower Financing, an American lender focused on loans to international students, is reportedly shutting down. That’s according to a report Wednesday (Oct. 7) by Bloomberg News, which calls this one of the biggest...

White House Considers Government-Led Cybersecurity Incubator

September 17, 2026
President Donald Trump’s administration is reportedly considering a plan to launch a government-led cybersecurity research incubator. This effort would invest in that research and help launch startups focused on building...