Apr 21, 2020 | Congressional Legislation, FinTech, News
Fintechs Approved to Make Small Business Loans Under Paycheck Protection Program After aggressive lobbying, three fintech companies ⎯ PayPal, Square Capital, and Intuit QuickBooks Capital ⎯ recently announced that they were authorized by the federal government to make...
Apr 14, 2020 | Congressional Legislation, News
Senators Brown and Hawley Urge Mnuchin to Ensure that Americans Receive Full Stimulus Payments United States Senators Sherrod Brown (D-Ohio) and Josh Hawley (R-Mo.) sent a letter to Treasury Secretary Steven Mnuchin to push for Americans to receive the full relief...
Apr 10, 2020 | Congressional Legislation, Federal Regulation, News
Five Senate Banking Democrats Press CFPB to Provide Relief to Consumers Facing Financial Harm During COVID Crisis Earlier this week, in a letter to Consumer Financial Protection Bureau Director Kathleen Kraninger, Senate Banking Committee Ranking Member Sherrod Brown...
Apr 8, 2020 | Congressional Legislation, News
Senator Udall Provides Guidance for Tribes on Resources from CARES Act U.S. Senator Tom Udall, vice chairman of the Senate Committee on Indian Affairs, has issued guidance documents on the provisions for Tribes in the CARES Act. The third emergency COVID-19 package...
Apr 7, 2020 | Congressional Legislation, News
Senator Brown Pushes Digital Bank Accounts for Unbanked Households to Facilitate Coronavirus Relief In order to help non-banked consumers more easily access the coronavirus relief funds recently passed by Congress and signed into law, Senator Sherrod Brown (D-Ohio)...
Apr 6, 2020 | Congressional Legislation, News
Senator Crapo Urges Treasury and Fed to Supply Guidance on Title IV of CARES Act U.S. Senator Mike Crapo (R-Idaho) recently wrote a letter advising the U.S. Department of the Treasury and the Federal Reserve to quickly provide guidance on Title IV of the Coronavirus...
