Jul 24, 2019 | Banks & Credit Unions, Congressional Legislation, Federal Regulation, News
← Previous Article Next Article → The U.S. Senate Banking Committee led by Chairman Mike Crapo (R-ID) and Ranking Member Sherrod Brown (D-OH) held an unprecedented hearing on cannabis banking on July 23. The Senators focused their remarks on the Secure and...
Jul 24, 2019 | Congressional Legislation, Federal Regulation, FinTech, News
← Previous Article Next Article → Earlier today, a congressional delegation sent a letter to Kathy Kraninger, Director of the Consumer Financial Protection Bureau (CFPB), urging the CFPB to adhere to the agency’s policy on Tribal Consultation. The signers of...
Jul 9, 2019 | Congressional Legislation, News
← Previous Article Next Article → On Thursday, July 11, the House Financial Services Committee will consider several legislative bills that would modify certain aspects of credit reports, including the proper use of alternative data and the length of time...
Jul 5, 2019 | Congressional Legislation, FinTech
← Previous Article Next Article → Several House Democrats, led by Maxine Waters, chair of the House Financial Services Committee, sent a letter to Facebook executives urging them to halt plans for a new digital currency called the Libra. “We write to request...
May 15, 2019 | Congressional Legislation, FinTech, News
← Previous Article Next Article → Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, announced on May 9 the creation of a new task force on financial technology (fintech). According to the press release, the task force...
May 13, 2019 | Congressional Legislation, News
← Previous Article Next Article → Senator Bernie Sanders (I-VT) and Congresswoman Alexandria Ocasio-Cortez (D-NY) have joined forces to propose legislation that would cap interest rates on credit cards at 15 percent and allow the U.S. Postal Service to offer...
