Supreme Court Case with Potential to Gut Consumer Watchdog Agency Supreme Court Case with Potential to Gut Consumer Watchdog Agency By [Author Name] [Publication Date] The Supreme Court is gearing up to hear oral arguments in a case that could have serious consequences for the Consumer Financial Protection Bureau (CFPB), an agency established in response …
Artificial Intelligence will have significant impacts on geopolitics and globalization, Ian Bremmer told CNBC. Leigh Vogel | Getty Images Entertainment | Getty Images Artificial Intelligence will have a significant impact on both geopolitics and globalization, according to Ian Bremmer, political scientist and president of the Eurasia Group. “I think that AI is transformative for the …
The co-founders of Silent Eight, from left to right: Michael Wilkowski, Julia Markiewicz, and Martin Markiewicz. Silent Eight WARSAW — Financial institutions are often “one decision away from a huge mess” when it comes to financial crime, according to Martin Markiewicz, CEO of Silent Eight. The risk of fines and reputational damage is significant if …
The Hangzhou-based Ant Group faced regulatory scrutiny that led to the abrupt suspension of its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images China’s central bank imposed a 7.12 billion yuan fine ($985 million) on Ant Group, an affiliate of Alibaba, on Friday. The People’s Bank of China cited violations …
Federal Reserve Chairman Jerome Powell is set to testify during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen Building on Thursday, June 22, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Federal Reserve Chairman Jerome Powell assured that the new regulations …