President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). The GOP hopes to curtail the powers and funding of the CFPB, the Washington Post reported Sunday (Nov. 25), putting them in the same camp with banks,...
Last month, the Justice Department settled an anti-money laundering probe into TD Bank. But according to U.S. Sen. Elizabeth Warren, D-Mass., the $3 billion the government received from the Canadian lender was not enough. As The Wall Street Journal (WSJ) reported last week, Warren said...
If business and commerce are always on in the digital age — existing as 24/7, year-round endeavors — so must the settlement systems that enable a broad range of transactions. In a Sept. 11 letter to central bank chairman Jerome Powell, a group of senators...
Sen. Edward J. Markey and Rep. Pramila Jayapal have led several colleagues in demanding answers from CEOs of leading artificial intelligence (AI) companies regarding the working conditions of their data workers. In a letter dated Wednesday (Sept. 13) and addressed to the leaders of nine prominent AI companies, the lawmakers...
November 25, 2024
Sen. Elizabeth Warren is calling for an antitrust investigation into the web domain registration business. The Democratic lawmaker from Massachusetts — working with Rep. Jerry Nadler (D-NY) — wrote last week to the National Telecommunications and Information Administration (NTIA) and Department of Justice to enforce competition in the top-level domain (TLD) market. At the moment, […]
November 24, 2024
President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). The GOP hopes to curtail the powers and funding of the CFPB,...
November 03, 2024
Last month, the Justice Department settled an anti-money laundering probe into TD Bank. But according to U.S. Sen. Elizabeth Warren, D-Mass., the $3 billion the government received from the Canadian...
September 13, 2023
Sen. Edward J. Markey and Rep. Pramila Jayapal have led several colleagues in demanding answers from CEOs of leading artificial intelligence (AI) companies regarding the working conditions of their data workers. In a letter dated...
