US Senate

Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
September 11, 2023  |  Regulation

U.S. lawmakers are hitting the ground running on creating an artificial intelligence (AI) policy.  Big Tech companies are rushing to prove that they can get there first...

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Sen. Ted Cruz Introduces Bill Prohibiting Fed From Developing CBDC
Sen. Ted Cruz Introduces Bill Prohibiting Fed From Developing CBDC
March 22, 2023  |  CBDC

Bills opposing a central bank digital currency (CBDC) in the U.S. have been introduced at both the federal and state level. Sen. Ted Cruz, R-Texas,...

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Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
December 14, 2022  |  Cryptocurrency

Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...

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US Senators Ask SoFi About Its Banking Law Compliance
US Senators Ask SoFi About Its Banking Law Compliance
November 21, 2022  |  Bank Regulation

Four U.S. senators have signed a letter to SoFi Technologies CEO Anthony Noto expressing concerns about the online personal finance company and online bank’s digital...

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Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
October 28, 2022  |  Bank Regulation

Three weeks after releasing a report focused on frauds and scams on Zelle, U.S. Sen. Elizabeth Warren has sent a letter to the Consumer Financial...

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Cannabis Firms See Prices Rise Ahead of Senate Hearing on Decriminalization
Cannabis Firms See Prices Rise Ahead of Senate Hearing on Decriminalization
July 20, 2022  |  Regulation

American and Canadian cannabis companies saw their stocks rise Wednesday (July 20) ahead of a U.S. Senate hearing on possible federal marijuana decriminalization. According to...

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Senate Antitrust Panel Turns Attention To Big Tech Acquisitions, Competition
Senate Antitrust Panel Turns Attention To Big Tech Acquisitions, Competition
September 03, 2019  |  Regulation

The Senate Judiciary Committee antitrust panel is going to meet this month to look into issues surrounding Big Tech companies like Facebook and Google, and...

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Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
April 11, 2018  |  CFPB

The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules. The rules were...

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