Senate Banking Committee Chair Tim Scott (R-S.C.) unveiled legislation Thursday taking aim at debanking. Debanking — the ...

Senator Tim Scott's FIRM Act targets debanking, eliminating reputational risk in financial institution regulation, and ...

NH Sen. Jeanne Shaheen's announcement that she won't seek reelection in 2026 sparked reactions from both sides of the aisle.

Senator Tim Scott introduces a bill to ban "reputational risk" from bank regulations, so as to not influence crypto and other ...

The Financial Integrity and Regulation Management Act would stop prudential regulators from writing rules or guidance that ...

The European Union announced retaliatory trade actions Wednesday, focusing new duties on U.S. industrial and farm products ...

Sen. Tim Scott and banking committee Republicans introduced a new bill known as the FIRM Act, which seeks to prevent debanking decisions related to concerns over reputational risk.

Sen. Jeanne Shaheen's decision to retire at the end of her third term next year will no doubt encourage a number of prominent Republicans and Democrats to seriously consider running to replace her.

S.C., comments on his new bill to combat debanking, working with DOGE Chair Elon Musk and what it takes to get budget cutting ...

Senate Banking Committee Chair Tim Scott (R-S.C.) unveiled legislation Thursday taking aim at debanking. Debanking — the closure of accounts that banks consider risky, often with little notic ...

Rep. Jared Golden (D-Maine) defied House Democratic leadership Tuesday when he voted for the GOP’s bill to avert a government shutdown — the only one in the caucus to support the stopgap. Golden’s ...

The Republican senator argues using reputational risk in bank supervision is problematic because it’s not statutorily ...