Senate Banking Committee Delays Crypto Bill Markup After Industry Support Fractures
Senate Banking Committee Delays Crypto Bill Markup After Industry Support Fractures Senate Banking Committee Chair Tim Scott postponed a planned committee markup of sweeping cryptocurrency market structure legislation, abandoning plans to hold a vote last week amid...
President Trump Calls for One-Year 10% APR Cap on Credit Card Interest Rates
President Trump Calls for One-Year 10% APR Cap on Credit Card Interest Rates Last week, President Donald Trump called for a one-year cap on credit card interest rates of 10 percent, reviving a campaign pledge that immediately drew sharp criticism from banking trade...
Federal Judge Rules CFPB Funding Cannot Lapse
Federal Judge Rules CFPB Funding Cannot Lapse A federal district court judge ruled Tuesday that funding for the Consumer Financial Protection Bureau (CFPB) cannot be allowed to lapse, dealing a setback to the Trump administration’s efforts to dismantle the agency by...
