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Senator Durbin Files Amicus Brief Challenging Federal Reserve's Debit Fee Rule

Senator Durbin Files Amicus Brief Challenging Federal Reserve's Debit Fee Rule

Senator Durbin Files Amicus Brief Challenging Federal Reserve's Debit Fee Rule
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Federal Reserve Study Finds Banking Consolidation Does Not Harm Household Mortgage Markets

Federal Reserve Study Finds Banking Consolidation Does Not Harm Household Mortgage Markets

Federal Reserve Study Finds Banking Consolidation Does Not Harm Household Mortgage Markets
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Federal Reserve Study Finds Banking Consolidation Does Not Harm Mortgage Markets

Federal Reserve Study Finds Banking Consolidation Does Not Harm Mortgage Markets

Federal Reserve Study Finds Banking Consolidation Does Not Harm Mortgage Markets
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How legalized betting generated billions in revenue

How legalized betting generated billions in revenue

The legalization of sports betting in the United States has had profound effects on the economy and society. Following the Supreme Court's decision...
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Second Circuit Upholds Federal Reserve's Discretionary Power Over Master Accounts

Second Circuit Upholds Federal Reserve's Discretionary Power Over Master Accounts

Second Circuit Upholds Federal Reserve's Discretionary Power Over Master Accounts
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UK to tighten money market fund rules by end of year

UK to tighten money market fund rules by end of year

By Phoebe Seers and David Milliken LONDON, May 14 (Reuters) - Britain will impose tougher rules later this year on money market funds, which have been a focus of regulators since market turmoil in March 2020, when they were hit by heavy redemptions during a COVID-19-induced "dash for cash".
Reuters Reuters
Fed's Barr says wrong to lower liquidity rules to shrink Fed holdings

Fed's Barr says wrong to lower liquidity rules to shrink Fed holdings

By Michael S. Derby NEW YORK, May 14 (Reuters) - Federal Reserve Governor Michael Barr said Thursday that lowering liquidity rules to get the central bank’s balance sheet smaller is a bad idea and could undermine the safety of the financial system.
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Mayor Mamdani Urges Block on $500M Western Union Acquisition, Citing Economic Concerns for Immigrants

Mayor Mamdani Urges Block on $500M Western Union Acquisition, Citing Economic Concerns for Immigrants

Mayor Mamdani Urges Block on $500M Western Union Acquisition, Citing Economic Concerns for Immigrants
AP News AP News
Senate Republicans block Democrats’ effort to reverse several Trump-era CFPB changes

Senate Republicans block Democrats’ effort to reverse several Trump-era CFPB changes

Senate Republicans have blocked Democrats' efforts to reverse Trump-era changes to consumer protection laws
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AP Exclusive: Senate Democrats plan to force votes on Consumer Financial Protection Bureau rollbacks

AP Exclusive: Senate Democrats plan to force votes on Consumer Financial Protection Bureau rollbacks

Senate Democrats plan to force Republicans to go on record about the Trump administration's dismantling of the Consumer Financial Protection Bureau
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IMF Warns of AI Cyber Threats Impacting Fintech Infrastructure

IMF Warns of AI Cyber Threats Impacting Fintech Infrastructure

IMF Warns of AI Cyber Threats Impacting Fintech Infrastructure
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Senate Confirms Kevin Warsh as Fed Governor, Paving Way for Chairmanship

Senate Confirms Kevin Warsh as Fed Governor, Paving Way for Chairmanship

Senate Confirms Kevin Warsh as Fed Governor, Paving Way for Chairmanship