Outbound investment compromise takes shape
BRT launches ad blitz on 2025 tax debate
Elizabeth Warren backs 10% cap on credit cards
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Tariff question haunts GOP reconciliation debate
It’s a sign of the concern and member awareness about the possibility of Republicans trying to legislate tariffs as part of their reconciliation package next year.
Banks may be losing the credit card wars
Gruenberg’s decision to resign comes fewer than 24 hours before the long-time regulator is expected to testify before the House.
Judiciary plunges into credit cards
The banking sector is going to deal with something today that it’s been trying to avoid all year long — a Senate hearing about credit card competition. It’s just not coming from the Banking Committee.
Maxine Waters says Dems will still ‘fight’ for policy from minority
Waters said House Democrats on the Financial Services Committee would continue to “fight” for legislation in the 119th Congress.
Chopra calls on Congress to reform deposit insurance
The director of the Consumer Financial Protection Bureau said he believes it’s time for Congress to commit to reforming the federal deposit insurance system.
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Colorado senators sidestep the Polis-RFK drama
Democrats are slamming Kennedy for spreading vaccine misinformation and sowing doubt about the safety of fluoride.
Cannabis banking lame-duck redux, plus outbound text
Schumer is mounting another push to include cannabis banking reform in one of the year-end packages expected next month.
Teen privacy bill is latest tech issue to flounder in House
Updating online privacy laws to cover teens was supposed to be a layup. Instead, it is the latest tech issue falling short in the House.
Mike Johnson wants quick action on funding in 2025
Speaker Mike Johnson said he wants to wrap up the debate over FY2025 funding “as soon as possible” next year.