Senate Banking Committee Schedules Vote on SAFE Banking Act
Senate Banking Committee Schedules Vote on SAFE Banking Act On September 27, the Senate Committee on Banking, Housing, and Urban Affairs is set to hold a vote on the Secure and Fair Enforcement (SAFE) Banking Act, which would make it easier for financial institutions...
Sen. Josh Hawley Proposes Legislation to Cap Credit Card Interest Rates at 18%
Sen. Josh Hawley Proposes Legislation to Cap Credit Card Interest Rates at 18% Last week, Senator Josh Hawley (R-Mo.) introduced legislation that would cap the maximum interest rate credit cards could charge annually at 18 percent. By comparison, the average credit...
Senate Confirms Biden’s Fed Nominees
Senate Confirms Biden’s Fed Nominees Last week, the Senate confirmed three of President Biden’s Federal Reserve nominees: Philip Jefferson to serve as the Fed’s vice chair, Adriana Kugler to serve on the Fed’s Board of Governors, and the renomination of Lisa Cook to...
