House Speaker Kevin McCarthy says the time has come to put restrictions on TikTok. “The House will be moving forward with legislation to protect Americans from the technological tentacles of the Chinese Communist Party,” the California Republican wrote on Twitter Sunday (March 26). McCarthy’s comments...
Two candidates are reportedly leading in consideration for vice chair of the Federal Reserve. Bloomberg reported Thursday (Feb. 23) that Harvard University professor Karen Dynan and Northwestern University professor Janice Eberly are in the “top tier” of possible candidates being considered for nomination for the...
Cannabis — an industry around which many digital tools have arisen — may benefit from new legislation. Seeking Alpha reported Monday (Jan. 30) that Sen. Cory Booker, D-N.J., believes broad marijuana legislation has good prospects in Congress, telling NJ.com that with the new Republican majority,...
House Republicans are set to take a closer look at FinTechs and digital assets. Rep. Patrick McHenry, the new chair of the House Financial Services Committee, has created a new subcommittee devoted to digital assets, financial technology and inclusion, according to an announcement on the...
The day after being appointed as the U.K.’s new Chancellor of the Exchequer (the minister responsible for economic and financial matters), Kwasi Kwarteng met with a small delegation of senior bankers that included the European chief executives of Goldman Sachs, J.P. Morgan and BlackRock. At...
For believers in pathetic fallacy, the thunderclouds hanging over London today are an ominous sign for Liz Truss, who has officially been handed the reins of government by the outgoing Prime Minister Boris Johnson. In his final speech outside 10 Downing Street on Tuesday (Sept....
Citing concerns about the spread of misinformation in their country’s upcoming election, Brazilian prosecutors are asking messaging platform WhatsApp to hold off on the debut of a new feature called “Communities.” Communities will allow users to expand their messaging circles, reaching 2,560 people at once,...
This August, conservative party members will receive their ballots and will have until Sept. 5 to cast their vote, just in time for the new Conservative party leader to be sworn in as the next U.K. Prime Minister when parliament returns from its summer recess....
The Biden administration has scored a win for its financial regulatory team, as Michael Barr was finally confirmed as the vice chair for supervision of the Federal Reserve Wednesday (July 13) by the Senate. Barr’s confirmation will give the central bank a full seven-member board...
