Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer Financial Protection Bureau (CFPB). Treasury Secretary Scott Bessent said in a Friday (May 9) press release that President Donald Trump intends to nominate...
With its previous CEO headed to Washington, Fiserv has picked a new chief executive. Michael Lyons, a longtime banking executive, has been chosen to lead the payments FinTech, Fiserv announced Tuesday (May 6), the same day outgoing CEO Frank Bisignano’s nomination to lead the Social...
Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it. But while bills for both stablecoin regulations and market structure legislation were expected within his administration’s first 100 days, little...
President Donald Trump’s idea to place tariffs on movies produced overseas has reportedly shaken studios. As The Wall Street Journal (WSJ) reported Monday (May 5), the president’s planned 100% tariffs on such productions drove down share prices for companies like Disney and Netflix, even though it’s not clear how...
May 06, 2025
Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it. But while bills for both stablecoin regulations and market structure legislation were expected within his administration’s first 100 days, little concrete progress has been made by lawmakers in advancing a […]
March 20, 2025
Ongoing global trade battles have caught America’s mid-sized companies in their crossfire. Unlike multinational giants with deep pockets, and small businesses able to pivot quickly, mid-sized firms can frequently find...
March 17, 2025
By the standards set previously in Q1, this Monday wasn’t as manic as most. In fact there’s an element of “business as usual” in this installment of the Washington Weekly...
February 11, 2025
At a subcommittee hearing on the current state and future potential of digital assets, lawmakers and witnesses from the crypto and payments spheres — including PayPal — cautioned against a...
May 20, 2025
The U.S. Senate has voted to advance the GENIUS Act, the country’s first stablecoin legislation. As Bloomberg News reported, the bipartisan vote on Monday (May 19) came two weeks after the Senate’s Democrats joined forces to block the legislation. The bill is now due to be debated on the Senate floor in hopes of passage […]
May 09, 2025
Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer Financial Protection Bureau (CFPB). Treasury...
May 07, 2025
With its previous CEO headed to Washington, Fiserv has picked a new chief executive. Michael Lyons, a longtime banking executive, has been chosen to lead the payments FinTech, Fiserv announced...
May 05, 2025
President Donald Trump’s idea to place tariffs on movies produced overseas has reportedly shaken studios. As The Wall Street Journal (WSJ) reported Monday (May 5), the president’s planned 100% tariffs on such productions drove...
