Congress

Facebook’s Marcus Defends Libra To House Financial Services Chair
Facebook’s Marcus Defends Libra To House Financial Services Chair
July 09, 2019  |  Cryptocurrency

The head of Facebook’s new cryptocurrency project, Libra, is defending the company in a letter to Rep. Maxine Waters (D-CA) and other members of the...

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Trump Pauses Addition Of New Tariffs On Chinese Products
Trump Pauses Addition Of New Tariffs On Chinese Products
July 01, 2019  |  Regulation

The United States has removed certain restrictions on Huawei Technologies Co. The move comes as President Donald Trump and Chinese President Xi Jinping have agreed...

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Lawmakers Hit A Wall In Creating National Privacy Law
Lawmakers Hit A Wall In Creating National Privacy Law
June 11, 2019  |  Security & Fraud

Efforts from lawmakers in the U.S. to come up with a national privacy law have hit a wall, with Senators unable to agree on how...

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Agency Says FBI’s Facial Recognition Tech Falls Short
Agency Says FBI’s Facial Recognition Tech Falls Short
June 04, 2019  |  Biometrics

The Government Accountability Office (GAO) and members of congress say the FBI’s use of facial recognition technology isn’t private or accurate enough, according to a...

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Congress Supports Facial Recognition Regulation
Congress Supports Facial Recognition Regulation
May 22, 2019  |  Legal

Members of Congress supported a plan to draft legislation aimed at the use of facial recognition software by law enforcement on Wednesday (May 22), according...

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Dems Want Bank Execs To Testify Before Congress Each Year
Dems Want Bank Execs To Testify Before Congress Each Year
May 16, 2019  |  Banking

Democrats would like to see bank executives get grilled by Congress on an annual basis. After Wall Street leaders spent hours answering lawmakers’ questions at...

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New Allies Aim To Solve Cannabis Payments Problem
New Allies Aim To Solve Cannabis Payments Problem
May 10, 2019  |  Bank Regulation

It really wasn’t supposed to be this way, not as cannabis steadily became legal across the United States. Read the old pro-legalization magazines, or revisit...

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Easing Chapter 11 Pain For Small Businesses
Easing Chapter 11 Pain For Small Businesses
April 24, 2019  |  B2B Payments

U.S. lawmakers continue to press for more affordable bankruptcy for small businesses, with Congress reintroducing the Small Business Reorganization Act earlier this month. Reports in...

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Lawmakers Seek New Regs Aimed At Tech Algo Biases
Lawmakers Seek New Regs Aimed At Tech Algo Biases
April 11, 2019  |  Regulation

U.S. lawmakers have proposed a bill that would make tech companies detect and remove any discriminatory biases found in their technologies. The Algorithmic Accountability Act...

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