In The News
A new bill would ban mandatory arbitration agreements between aggrieved investors and advisors or broker/dealers. The Investor Choice Act, which was introduced in the Senate and House of Representatives by Sen. Jeff Merkley (D-Ore.) and Rep. Bill Foster (D-Ill.), would also ban any prohibitions on class action lawsuits, which are often embedded in clients’ contracts.
Fintechs need to include strong consumer protections, diversity, and inclusion, Rep. Ed Perlmutter (D-CO), chair of the House Financial Services Committee’s panel on consumer protection and financial institutions said at a hearing on banking innovation today.
(The Center Square) – Federal and state officials want to take a deeper dive into the future of digital currencies and the backbone of what makes them work.
Digital currencies like Bitcoin work on what’s called the blockchain. That’s a distributed digital ledger U.S. Rep. Bill Foster, D-Naperville, says is non-falsifiable.
If there’s any group of young people who deserve student loan forgiveness, it’s those young people who’ve made a career out of doing good.
It’s an easy call, in our view, to cancel burdensome student debt held by teachers, doctors, nurses, nonprofit employees and others who chose a career in public service, most often forgoing a big paycheck in the process.
Both Democrats and a Republican representing Will County in Congress supported legislation to expand background checks on all gun sales.
Democratic members of Congress representing the Will County area backed a sweeping bill meant to enhance voting rights.
Democratic members of Congress representing the Will County area backed a bill aiming to provide protections for LGBTQ individuals.
U.S. Rep. French Hill (R-AR) on Feb. 25 led his colleagues in again launching the bipartisan Entrepreneurship Caucus and introduced a bill to analyze the underlying economic causes of America’s startup slump.
U.S. Rep. Bill Foster reintroduced legislation last week aimed at increasing transparency on corporate political spending by public companies for their investors and the public.
Congress, in response to the COVID-19 pandemic, has tasked agencies with distributing hundreds of billions of dollars in emergency relief.
But along the way, agencies have run into challenges verifying the identity of benefit recipients, and fraudsters have exploited gaps in this process, using stolen personal information to obtain pandemic relief.