white house

CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
January 17, 2024  |  Bank Regulation

The White House wants to limit the overdraft fees banks can charge customers. To that end, the U.S. Consumer Financial Protection Bureau (CFPB) on Wednesday (Jan. 17)...

READ MORE >
Biden Rule Would Turn More Gig Workers Into Full Employees
Biden Rule Would Turn More Gig Workers Into Full Employees
January 08, 2024  |  Gig Economy

The White House is reportedly preparing new guidelines that provide additional protections to gig workers. The updated Department of Labor rule could be handed down...

READ MORE >
Merriam-Webster’s Words of the Year Reflect Growing Impact of AI
Merriam-Webster’s Words of the Year Reflect Growing Impact of AI
November 28, 2023  |  artificial intelligence

The very phrase artificial intelligence (AI) itself promises two things: intelligence and artificiality. And while it is the leverageable machine intelligence that businesses and organizations want, it...

READ MORE >
Biden to Corporations: ‘Give the American Consumer a Break’
Biden to Corporations: ‘Give the American Consumer a Break’
November 28, 2023  |  Economy

President Joe Biden has warned corporations to bring down what he says are inflated prices. “Any corporation that has not brought their prices back down, even...

READ MORE >
White House Gives $50 Million to ‘Underserved’ Small Businesses
White House Gives $50 Million to ‘Underserved’ Small Businesses
November 21, 2023  |  SMBs

The Biden administration says it is releasing new funding to help underserved small businesses. The $50 million in funding, announced Tuesday (Nov. 21), comes from the American Rescue Plan...

READ MORE >
White House Plans AI Safety Institute and Anti-Fraud Program
White House Plans AI Safety Institute and Anti-Fraud Program
November 01, 2023  |  artificial intelligence

The U.S. is set to unveil several new proposals to govern artificial intelligence (AI). Vice President Kamala Harris will outline the White House plans as she heads...

READ MORE >
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
October 31, 2023  |  Security & Fraud

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing...

READ MORE >
This Week in AI: Politics, Policies and Payments
This Week in AI: Politics, Policies and Payments
October 27, 2023  |  artificial intelligence

As another week has gone by, generative artificial intelligence (AI) continues to work its way further and further into daily life. The only problem, from...

READ MORE >
Schumer: Legislation Is the ‘Only Real Answer’ to Regulate AI
Schumer: Legislation Is the ‘Only Real Answer’ to Regulate AI
October 26, 2023  |  artificial intelligence

President Joe Biden is preparing an executive order dealing with artificial intelligence (AI). The Senate’s top Democrat, however, reportedly believes action on AI needs to come...

READ MORE >