Lawmakers in New York have proposed a public electronic banking system that would essentially function like payment service Venmo, with the purpose of including more people in the economy in an attempt to stimulate growth, according to Vice. The issue is that many Americans —...
Two senators, Josh Hawley of Missouri and Chris Coons of Delaware, have written a letter to Facebook CEO Mark Zuckerberg regarding Facebook’s ability to track the location of users even when they turn off location services, according to a report by CNBC. The two senators...
A silver lining looms for Big Tech in the chaos that is Brexit. As noted by Bloomberg last week, the December elections on deck for the U.K. have resulted in a delay for legislation that is now in draft form, which would include a provision...
Drivers can’t make ends meet. Given the median income of roughly $25,000 a year and the number of hours required behind the wheel to earn that, drivers’ wages fall well below the federal hourly minimum wage. As independent contractors, drivers also have no benefits. After...
June 12, 2023
In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses. Lawmakers are moving to reform the Financial Crimes Enforcement Network (FinCEN) and protect small business data. The House Financial Services Committee Chairman Patrick McHenry (R-North Carolina) on Monday (June 12) introduced two pieces of legislation to bring […]
January 08, 2020
Lawmakers in New York have proposed a public electronic banking system that would essentially function like payment service Venmo, with the purpose of including more people in the economy in...
November 19, 2019
Two senators, Josh Hawley of Missouri and Chris Coons of Delaware, have written a letter to Facebook CEO Mark Zuckerberg regarding Facebook’s ability to track the location of users even...
August 26, 2019
U.S. House Financial Services Committee Chair Maxine Waters met with government officials in Switzerland about Libra, and said she remained concerned about the viability of the currency, according to a...
