A coalition of financial services trade associations is urging the President’s Working Group on Digital Asset Markets to support the removal of obstacles that prevent financial institutions from participating in digital asset activities.
A report by NERA Economic Consulting has indicated that there is limited empirical evidence to suggest that reductions in interchange fees, such as those proposed under the Credit Card Competition Act (CCCA), are being passed on to consumers...
Neil Walker, Managing Director of Macro Modelling and Scenarios at Oxford Economics, said that the Durbin-Marshall credit card bill could significantly harm local economies reliant on travel and hospitality.
Bank of America has released its 2025 Specialty Asset Management (SAM) Outlook, focusing on the market dynamics affecting commercial real estate (CRE), farmland, timberland, and energy assets.
Hayden Cole, Director of Federal Government Affairs at the American Fintech Council (AFC), released a statement regarding the recent hearing by the House Financial Services Subcommittee on Financial Institutions.
As discussions on credit and debit card transactions continue, the Merchants Payments Coalition (MPC) has shared figures on social media that suggest a significant impact on retail sales driven by card payments.
U.S. Senators Elizabeth Warren and Patty Murray have called on the Inspector General of the Department of Housing and Urban Development (HUD) to investigate the alleged delay of disaster relief funding under the Trump Administration.
Sarah Flowers, senior vice president and senior associate general counsel of regulatory affairs at the Bank Policy Institute (BPI), is set to testify before the U.S. House Subcommittee on Financial Institutions and Monetary Policy.
U.S. Senator Elizabeth Warren and Congresswoman Maxine Waters have called for an investigation into the Board of the National Credit Union Administration (NCUA) following the alleged illegal firings of two of its members by President Trump.