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Congress · 117th Congress

As FTX burned, lawmakers said to be dithering over regulator

Cynthia Lummis, R-Wyo., and co-sponsored by Sen. Kirsten Gillibrand, D-N.Y., and another introduced by House Agriculture ranking member Rep. Glenn “GT” Thompson, R-Pa., and backed by Reps.

Congress · 117th Congress

IRS budget in focus as brutal tax filing season arrives

Bob Menendez, D-N.J., and Bill Cassidy, R-La., 23 Democrats and two Republicans urged the IRS to consider steps including a pause on automated collections of unpaid taxes, dropping fines for taxpayers

Policy · 116th Congress

COVID-19 concerns prompt new interest in cashless payments

French Hill, R-Ark., a member of the House Financial Services Committee’s Task Force on Financial Technology, last month proposed legislation that would establish that any swipe, dip or tap transaction