Timothy Gill, Chief Economist of the American Financial Services Association (AFSA), said in his newsletter that while the Federal Reserve's April G.19 report indicated a monthly rise in non-housing consumer credit, overall balances remain below...
The Taxpayers Protection Alliance announced on X that new polling indicates Americans are concerned the Credit Card Competition Act could threaten the benefits, security, and trust millions rely on daily.
Jason Stverak, Vice President of Communications for the American Bankers Association, said that attaching the Credit Card Competition Act to the National Defense Authorization Act (NDAA) would pose a threat to military families and credit unions.
Brendan Pedersen, a financial services reporter for Punchbowl News, said that the Credit Card Competition Act was removed from the GENIUS Act process after Majority Leader John Thune limited new amendments.
The Republican Liberty Caucus Lake-Sumter has publicly opposed the Credit Card Competition Act (CCCA), describing it as an example of "classic Washington overreach."
Mike Neal, host and conservative commentator of the "Mike On The Right" podcast, said that the Credit Card Competition Act does not benefit consumers and fails to reduce prices.
Wayne DuPree, a political commentator and radio host of The DuPree Report, expressed concerns over the Credit Card Competition Act, stating that it benefits large retailers while harming families and small banks.
Indraneel Chakraborty, a Professor of Finance at the University of Miami, has expressed concerns over proposed legislation targeting credit card interchange fees.
The American Bankers Association (ABA) has announced that legislation aimed at reducing credit card interchange fees could negatively impact community banks and limit access to credit.
United States Senator Elizabeth Warren, the Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, has issued a statement regarding the Federal Reserve's upcoming decision.
U.S. Senators Elizabeth Warren and Jeanne Shaheen are leading a group of Democratic Senators in urging the Trump Administration to take stronger actions against Russia's ongoing war in Ukraine.
U.S. Senators Elizabeth Warren and Rick Scott have introduced bipartisan legislation aimed at establishing a presidentially appointed and Senate-confirmed Inspector General (IG) for the Board of Governors of the Federal Reserve System and the...
In Washington, D.C., U.S. Senators Jeff Merkley from Oregon and Elizabeth Warren from Massachusetts have raised concerns about a reported billion-dollar business deal involving a Trump-backed cryptocurrency company and foreign entities.
Ahead of a committee vote, U.S. Senator Elizabeth Warren, the ranking member of the Senate Banking, Housing, and Urban Affairs Committee, released responses from President Donald Trump’s nominees to questions she submitted following their...
U.S. Senator Elizabeth Warren has raised concerns regarding a White House ethics waiver that permits David Sacks, known as President Trump’s “Crypto Czar,” to influence federal cryptocurrency policy while holding personal financial interests in...
U.S. Senator Elizabeth Warren addressed the Senate floor to discuss necessary amendments to the GENIUS Act, aiming for Democratic support of the stablecoin regulatory framework.
Senator Elizabeth Warren of Massachusetts has expressed concerns over the recent job figures released for April 2025, indicating a slowdown in the labor market.
U.S. Senator Elizabeth Warren and Congresswoman Maxine Waters have taken action against the Federal Reserve's recent approval of a merger between Capital One and Discover.