Tentative appointments at the Federal Deposit Insurance Corp. and the Federal Reserve have compliance officers reading the ...

The conviction of community banker Shan Hanes in August 2024 raised the issue of adequate internal controls. The former CEO of Heartland Tri-State Bank was convicted of embezzlement after collapsing ...

Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

During a House Financial Services Committee hearing on Wednesday, Rep. Maxine Waters (D-CA) slammed Scott Bessent’s actions ...

Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial ...

Senate has rejected the GENIUS Act, delaying stablecoin rules as partisan tensions grow over dollar dominance and Trump’s ...

Scott Bessent has praised U.S. crypto bills at a House hearing, saying strong market rules can keep the dollar dominant via ...

Treasury Secretary Scott Bessent on Wednesday disputed Democratic California Rep. Maxine Waters’ accusation that he enabled ...

If CDFIs follow their statutory obligations and do not digress into more ideological boundaries ... they can be important ...

Democratic lawmaker can’t recall partying with Trump official #shorts #bahamas Rep. Maxine Waters, D-Calif., doesn’t remember ...

House congressional hearing that was as tense as it was theatrical, Treasury Secretary Scott Bessent found himself at the ...

Treasury Secretary Scott Bessent said a deal with China is still possible. (Saul Loeb/Agence France-Presse/Getty Images) Treasury Secretary Scott Bessent said at a closed-door JPMorgan investor ...