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April 12, 2021
POLITICO Get the Morning Money newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 04/12/2021 08:00 AM EDT Editor’s Note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is deliver...
April 5, 2021
Blockchain and taking the politics out of tech Ex-Treasury official and former Coinbase counsel Brian Brooks talks future of crypto with TechCrunch Brian Brooks grew up on credit. And for him, that’s a good thing. Brooks is from a small town in Colorado that took a big hit when the steel factory — the main driver of its economy — shut down. A couple of years later, when Brooks was 14, his father passed away, and it became very clear to Brooks that if he wanted “any kind of life,” he�...
April 2, 2021
NCUA Chairman Harper named FFIEC chairman NCUA Chairman Todd Harper has been named Chairman of the Federal Financial Institutions Examination Council (FFIEC). His two-year term runs from April 1, 2021, through March 31, 2023. The Council also named Blake Paulson, Acting Comptroller of the Currency, Office of the Comptroller of the Currency (OCC), as its new vice chairman for the same two-year term. “I am honored to serve as the next Chairman of the FFIEC and will work to foster communication,...
March 16, 2021
To print this article, all you need is to be registered or login on Mondaq.com. The OCC has filed a reply in support of its cross-motion for summary judgment in the lawsuit filed by state AGs to enjoin the OCCs final rule (Rule) purporting to override the Second Circuits Madden decision as to national banks and federal savings associations. The filing of the OCCs reply concludes the briefing on the motions for summary judgment filed by the AGs and the OCC. A hearing on...
March 4, 2021
Senate bill would restore fair access to banking.
March 2, 2021
The OCC has filed a reply in support of its cross-motion for summary judgment in the lawsuit filed by state AGs to enjoin the OCC’s final rule (Rule) purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations. The filing of the OCC’s reply concludes the briefing on the motions for summary judgment filed by the AGs and the OCC. A hearing on the motions is scheduled for March 19, 2021. The OCC’s reply is its first filing in the c...
February 17, 2021
How the GameStop frenzy sabotaged a bid to ‘democratize’ finance POLITICO 2/17/2021 By Victoria Guida © Photo illustration by Justin Sullivan/Getty Images In this photo illustration, the Robinhood logo is displayed on an iPhone on December 17, 2020 in San Anselmo, California. Democrats have long been conflicted over financial technology companies like online lenders, praising the flashy upstarts for their ability to help lower-income Americans build wealth yet wary of t...
February 16, 2021
POLITICO How the GameStop frenzy sabotaged a bid to ‘democratize’ finance The episode with Robinhood Financial has unearthed a growing sentiment on the left: “Fintech” is just a fancy word for everything they already hate about finance. In this photo illustration, the Robinhood logo is displayed on an iPhone on December 17, 2020 in San Anselmo, California. | Photo illustration by Justin Sullivan/Getty Images Updated: Link Copied Democrats have long been conflicted over financial techno...
February 8, 2021
CNBC and Wall Street Journal Veteran to Head Launch of Live Video Streaming Service NEW YORK–(BUSINESS WIRE)–#bitcoin—CoinDesk, the global leader in crypto and blockchain news, events, data and research, today announced CoinDesk TV, a video streaming service with live daily and weekly news coverage and shows. CoinDesk TV’s programming will cover the rapidly evolving world of digital finance and its role in a global economy facing profound change. Joanne Po, who has spent over two decade...
February 5, 2021
Crypto Payments Startup Metal Pay Applies for National Bank Charter Feb 5 2021 · 13:30 UTC | Updated Feb 5 2021 · 13:39 by Bhushan Akolkar · 2 min read Photo: Shutterstock You have successfully joined our subscriber list. The recent application will first go for public comments for a 30-day period and later will move towards OCC approval. Metal Pay expects a decision from the OCC within the next four months. Metal Pay, the US-based peer-to-peer crypto payments startup, has recently appli...