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10 Oct 2023, 10:54 am
S.1323 [118th] SAFE Banking Act of 2023 4. [read post]
6 Oct 2023, 9:00 am
Congressional Committee Passes Bill to Thwart CBDCPayments Dive – September 25, 2023 The House Financial Services Committee last week passed a bill that would stop the Federal Reserve from working on a central bank digital currency, giving the full House a chance to consider the legislation. [read post]
5 Oct 2023, 9:35 am
In our view, the 2015 Statement abrogates the Commission’s congressionally mandated duty to use its expertise to identify and combat unfair methods of competition even if they do not violate a separate antitrust statute. [read post]
5 Oct 2023, 8:09 am
Rather, the Bureau receives its funding from the Federal Reserve, which is funded through bank assessments. [read post]
4 Oct 2023, 12:46 pm
And the Federal Reserve is outside the typical appropriations process, largely funding itself through user fees paid by the banks it regulates. [read post]
1 Oct 2023, 9:05 pm
” While DOJ’s use of a DPA to address the 2012 HSBC Bank case (in which the London-based bank engaged in vast money laundering activities) made a “mockery of the criminal justice system,”[20] it could be argued that the government’s use of DPAs to resolve the GM and Boeing cases was immoral and resulted in a significantly diminished form of justice. [read post]
30 Sep 2023, 5:28 am
There have been repeated references to the ten facts that I alluded to in my congressional testimony as establishing an ample basis to launch a formal impeachment inquiry. [read post]
29 Sep 2023, 1:04 pm
The case began as a challenge to a 2017 “payday lending” rule that bars lenders from making multiple efforts to withdraw a repayment from a borrower’s bank account, causing the borrower to rack up additional penalties and fees when she does not have enough money in her account to cover the repayment. [read post]
29 Sep 2023, 7:55 am
“Included in that agenda were 10 items related to Congressional mandates, most from the Dodd-Frank Wall Street Reform and Consumer Protection Act and one from the Holding Foreign Companies Accountable Act. [read post]
28 Sep 2023, 9:22 am
The CFPB pushes back against the Fifth Circuit’s suggestion that the agency is “double-insulated” from congressional control. [read post]
27 Sep 2023, 3:24 am
For the first time since the 1967 war, a high-level Saudi delegation arrived in the occupied West Bank. [read post]
26 Sep 2023, 6:44 pm
Congressional District 3*Rep. [read post]
25 Sep 2023, 9:01 pm
And certainly Democrats have a better chance of holding the New Jersey Senate seat if they nominate someone other than Menendez in 2024, just as Republicans have a better chance of holding New York’s Third Congressional District if they nominate someone other than Santos.Even so, one might complain about a double standard. [read post]
22 Sep 2023, 4:00 am
Bob Menendez and Wife Improperly Take Gold Bars from Corrupt Bank Exec? [read post]
15 Sep 2023, 4:00 am
Supreme Court to let it keep Republican-drawn congressional lines in place as the state continues to fight a court order to create a second district where Black voters constitute a majority or close to it. [read post]
13 Sep 2023, 6:00 am
Both the progressive Democrats and the so-called Republican “insurgents” favored stronger antitrust laws, reduced hours and an antitrust exemption for workers, and closer federal regulation of banking and currency, among other items. [read post]
12 Sep 2023, 9:01 pm
Two years ago, we laid out a unified regulatory agenda to do just that.[3]Included in that agenda were 10 items related to Congressional mandates, most from the Dodd-Frank Wall Street Reform and Consumer Protection Act and one from the Holding Foreign Companies Accountable Act. [read post]
11 Sep 2023, 8:08 pm
They have had serious hearings about AI — a topic not as complicated as health care or banking, which Congress regulates w/o complaint — for years, but it is just a delaying tactic to give industry what it wants w/o appearing to do so. https://t.co/4ifvQAptGU— Roger McNamee (@Moonalice) September 11, 2023 [read post]
4 Sep 2023, 5:44 am
The three banks that failed were not the only banks subject to one or more of these problems. [read post]
31 Aug 2023, 4:56 am
S.1323 [118th] SAFE Banking Act of 2023 10. [read post]
