Senate Banking Committee Chairman Tim Scott (R-S.C.) has introduced the Financial Integrity and Regulation Management (FIRM) Act, a bill aimed at removing reputational risk as a component of federal supervision.
House Financial Services Committee Chairman French Hill has commented on President Trump's recent Executive Order, which establishes a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile.
Chairman Tim Scott of South Carolina is spearheading a legislative effort to address the issue of debanking by introducing the Financial Integrity and Regulation Management Act.
In February, the amount of incoming payments processed through the Bank of Russia increased at a faster pace, surpassing the average for the fourth quarter of 2024 by 9.5%.
The Payments System Board convened to address several significant issues, focusing on operational incidents and future developments in Australia's payments infrastructure.
EmberCN, a cryptocurrency analyst, said that since the hackers responsible for the Bybit security breach resumed money laundering on March 2, they have laundered 62,200 ETH, equivalent to $138 million.
Today, the House Financial Services Committee is convening a hearing of the Housing and Insurance Subcommittee to address the factors contributing to the shortage of housing supply in the United States.