U S Senate news and trends

Regulators Tell Senate Lawmakers SVB Bank Leaders Ignored Warnings
Bank Regulation // March 28, 2023

Lawmakers let their frustrations with regulators fly during Tuesday’s (March 28) Senate Banking Committee hearing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Senate Hearing Spotlights Rifts, Risks on Push Payment Fraud
Regulation // September 23, 2022

On Capitol Hill, by now the cast of characters — and the flash points — are familiar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

May 4 Interchange Fee Hearing: The 5 Things You Need to Know
Regulation // May 03, 2022

On Wednesday, May 4, the U.S. Senate Committee on the Judiciary will hold a hearing on “Excessive Swipe Fees and Barriers to Competition in the Credit and Debit Card Systems,” where representatives from Visa, Mastercard, retailers and consumer advocacy groups will likely discuss the benefits...

At Senate Hearing, CFTC Chair Behnam Steps Up Battle With SEC for Crypto Oversight
Cryptocurrency // February 10, 2022

Fresh from his confirmation hearing, Commodity Futures Trading Commission Chairman Rostin Behnam made another, more aggressive pitch for authority over the cryptocurrency market in front of the Senate Agricultural Committee Wednesday (Feb. 9). Get the Full Story Complete the form to unlock this article and...

Quick Reads
Senate Revokes Crypto Tax Reporting Rule Passed Under Biden

March 05, 2025
The Senate has overturned a rule requiring cryptocurrency platforms to report customer transactions to the IRS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols

May 29, 2020
After reports that eCommerce delivery platforms are allowing consumers to “tip bait,” four U.S. senators are asking the Federal Trade Commission (FTC) to look at “potentially unfair and misleading” tipping...

Senators Demand That Big Tech Releases Encrypted Data To Law Enforcement

December 11, 2019
U.S. senators went head to head with executives of Apple and Facebook on Tuesday (Dec. 10) over the companies’ decision to use encryption technology, according to a report by Reuters....

Lawmakers Question Facebook’s Location Tracking Practices

November 19, 2019
Two senators, Josh Hawley of Missouri and Chris Coons of Delaware, have written a letter to Facebook CEO Mark Zuckerberg regarding Facebook’s ability to track the location of users even...