The Senate Judiciary Committee recently concluded a hearing concerning the Durbin-Marshall Credit Card Bill, which has sparked significant controversy.
House Financial Services Committee Republicans have released their final staff report on the workplace culture at the Federal Deposit Insurance Corporation (FDIC) under Chairman Martin Gruenberg.
The American Bankers Association, America's Credit Unions, and several other financial associations have collectively urged Congress to reject new mandates on credit card regulations.
Washington, D.C. – Senator Tim Scott has urged the Biden administration to halt rulemaking activities and withdraw nominations before the Senate Committee on Banking, Housing, and Urban Affairs.
The Federal Deposit Insurance Corporation (FDIC) has proposed amendments to its regulations under the Change in Bank Control Act (CBCA), which have drawn criticism from the Bank Policy Institute (BPI).
Several banking and credit union associations have jointly urged Congress to reject proposed legislation that would increase federal oversight in the U.S. credit card market.
The American Financial Services Association's (AFSA) State Government Affairs team has published its 2024 Post-Election Report, highlighting significant changes in state-level political power following the recent elections.
Sales through credit and debit card transactions have contributed to more than $93 trillion in economic activity since 2006, based on data from Nilson.
In the automotive and wholesale industry, managing inventory risk is a critical task for lenders who need to protect their collateral while supporting dealer operations.