House Financial Services Committee Chairman French Hill said the Securities and Exchange Commission and Commodity Futures Trading Commission cannot provide the regulatory certainty cryptocurrency markets need through administrative rulemaking alone. Hill acknowledged that both agencies have moved to establish a regulatory framework for digital assets...
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 corporate implosions related to President Donald Trump’s immigration crackdown. According to the report, Mpower had...
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 Stop SIM Box Scams Act, which would ban manufacturing, importing, selling, leasing, advertising, owning or...
The President Donald Trump administration’s new artificial intelligence task force is coming under pressure to demonstrate that it can address powerful AI systems without relying solely on the industry to police itself. President Donald Trump announced the Super Intelligence Force Sunday (Oct. 4), putting Director of...
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 Stop SIM Box Scams Act, which would ban manufacturing, importing, selling, leasing, advertising, owning or operating SIM boxes. It would also direct the Federal Communications […]
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...
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...
September 02, 2026
House Republicans are proposing a rewrite of the statutory framework that governs how the Consumer Financial Protection Bureau makes rules, supervises financial institutions and brings enforcement actions. The Consumer Financial...
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 working on energy, health, space and other challenges. The contributions include AI for science tools and compute credit for the Genesis Mission Consortium, the White […]
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...
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...
September 16, 2026
House lawmakers passed legislation aimed at giving financial regulators in the United States better digital tools, FedScoop reported Wednesday (Sept. 16). The FUTURES Act cleared the House earlier this week...
