Browsing: Congress
Key insight: Sens. Ted Cruz, R-Texas, and Katie Britt, R-Ala., introduced a bill to index the Durbin Amendment’s $10 billion…
Maskot | Maskot | Getty ImagesEfforts in Congress to create a federal “click to cancel” rule — intended to make…
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his…
Key insight: Trump continued to call on Congress to pass credit card legislation. Expert quote: “Whatever happened to usury?” — President…
Key insight: Congress faces renewed pressure to update bank rules shaped by the 2023 midsize bank failures, set rules for…
Banks are beginning to engage with decentralized finance. But until lawmakers create a foundation for allowing legally recognized entities like…
What’s at Stake: Acting CFPB Director Russell Vought is dismantling the Consumer Financial Protection Bureau. He had refused to respond…
Richard Stephen | Istock | Getty ImagesEven before they start receiving Social Security checks, millions of Americans rely on the…
Key insight: Bank regulators plan to continue with tailoring exercises and other deregulation. Forward look: The regulators should be back in…
Fcafotodigital | E+ | Getty ImagesThe Senate this week unanimously passed a bill to fix IRS notices for filers who…