Bill would prevent states from imposing lending rate caps on out-of-state banks
Two lawmakers have introduced legislation to prevent states from imposing interest rate caps on loans from out-of-state chartered banks and ...
Tag: Congress
Senate fails to reach funding deal on DHS
The Senate adjourned without reaching a funding deal for the Department of Homeland Security, meaning a limited shutdown affecting only ...
Supervisory tailoring bill introduced in Senate
A bipartisan group of senators introduced legislation to raise the asset threshold under which banks are subject to longer examination ...
SCAM Act introduced in House
Two House lawmakers have introduced legislation directing social media companies to take steps to fight fraudulent advertisements on their platforms. ...
Democrats urge courts to stop efforts to ‘dismantle’ CFPB
Nearly 200 Democratic and independent members of Congress this week filed an amicus brief urging the courts to halt what ...
Fed’s Waller seeking ‘middle lane’ on ‘skinny’ master accounts
Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” ...
ABA backs bank-related provisions in housing bill
ABA voiced support for several provisions in a legislative package intended to boost housing availability in the U.S., including language ...
ABA endorses bill to crack down on social media scams
Proposed legislation would provide “a strong framework” to improve social media companies’ urgency in removing fraudulent advertising, “stopping countless scams ...
Congress reauthorizes private-public cybersecurity framework
Lawmakers reauthorized a voluntary framework for the private sector and government agencies to share information about cyberthreats as part of ...
Bessent fields lawmaker questions on crypto and deposits, CDFI Fund
In his second day of congressional testimony, Treasury Secretary Scott Bessent said he will work to ensure there is “no ...
