Browsing: Congress

Maskot | Maskot | Getty ImagesEfforts in Congress to create a federal “click to cancel” rule — intended to make canceling subscriptions as easy as it…

President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering…

Key insight: Trump continued to call on Congress to pass credit card legislation. Expert quote: “Whatever happened to usury?”  — President Donald Trump.What’s at stake: Earlier in…

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…

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…

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…