Politics

Politics
FCC, FTC Nominees Sent to Senate Floor for Confirmation Votes
March 03, 2022

A divided U.S. Senate Commerce Committee has voted to send the nominees for the Federal Communications Commission and Federal Trade Commission to the floor for confirmation votes, Reuters reported Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy...

Politics
Congress Contemplates Privacy Protections
March 03, 2022

U.S. lawmakers considered legislation Tuesday (March 1) designed to protect online users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Politics
Biden Mulls Barring US Banks From Processing Transactions From Russian Banks
February 21, 2022

The Biden administration is preparing sanctions against Russia that would come with banning U.S. financial institutions from processing transactions from Russia’s biggest banks if Russia invades Ukraine, Reuters reported Monday (Feb. 21). Get the Full Story Complete the form to unlock this article and enjoy...

Politics
GOP Senators Oppose Raskin for Fed Job, Block Vote
February 15, 2022

Republicans in the Senate have blocked a vote on some of President Biden’s Federal Reserve nominees, The Wall Street Journal reported Tuesday (Feb. 15), as they refused to attend the vote. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Politics
FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
February 13, 2022

Sarah Bloom Raskin, a Biden nominee for the Fed’s top banking position, has the co-founder of Reserve Trust defending her over charges that she’s had conflicts of interest between government and private jobs in the past, Bloomberg reported Friday (Feb. 11). Get the Full Story...

Politics
Fed Nominee Raskin Denies Role in FinTech Reserve Trust Fed Master Account
February 10, 2022

Sarah Bloom Raskin, President Biden’s pick for Federal Reserve bank supervisor, is in hot water over her revolving door roles between the government and private sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Politics
Fed Nominee Raskin Faces Grilling From GOP Lawmakers
February 03, 2022

It was a tough day for Sarah Bloom Raskin, who has been president’s pick to hold a key post at the Federal Reserve Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Politics
FDIC Chairman McWilliams Resigns Over Policy Clashes
January 02, 2022

Jelena McWilliams, a Trump-era appointee banking regulator, has resigned as of Friday (Dec. 31), per a Financial Times report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Politics
Biden Considering Sarah Bloom Raskin to Take Top Fed Banking Spot
December 28, 2021

The Biden administration is considering former Fed governor Sarah Bloom Raskin for a top position at the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...