Browsing: Congress

Key insight: Congress faces renewed pressure to update bank rules shaped by the 2023 midsize bank failures, set rules for the crypto industry and resolve disputes…

Banks are beginning to engage with decentralized finance. But until lawmakers create a foundation for allowing legally recognized entities like LLCs and nonprofits to govern these…

What’s at Stake: Acting CFPB Director Russell Vought is dismantling the Consumer Financial Protection Bureau. He had refused to respond to any questions about his actions…

Richard Stephen | Istock | Getty ImagesEven before they start receiving Social Security checks, millions of Americans rely on the Social Security Administration for information on…

Key insight: Bank regulators plan to continue with tailoring exercises and other deregulation. Forward look: The regulators should be back in the Senate Banking Committee in the…

What’s at stake: Legislation that could rewrite the financial system, like deposit insurance and market structure bills, are up for debate in the coming months in…

Former member of Congress and current chairman of Forbright Bank John Delaney calls on lawmakers to pass several reforms that would allow banks to take back…

Fcafotodigital | E+ | Getty ImagesThe Senate this week unanimously passed a bill to fix IRS notices for filers who make simple mistakes on their tax…

You hear the term “fiscal policy” a lot. It comes up in talks about taxes, a new budget, or the role of the government in the…

Djelics | E+ | Getty ImagesA bipartisan proposal to combat elder financial abuse is getting attention in Congress.The bill — the Financial Exploitation Prevention Act — would…