Here's a breakdown of the Chosun Ilbo interview with Stanford GSB Professor Amit Seru, published today. The Core Argument Seru's central thesis is structural: the Fed's toolkit was built for banks, but the risk has migrated outside the banking perimeter ...

A proposal to create a comprehensive data privacy law in Maine was unable to recover after sizable business pushback led several Democrats to join Republicans in opposition, marking the second Legislature that has failed to get such a plan over ...

The article is about a new Pennsylvania Turnpike initiative to send legitimate text reminders to drivers who owe tolls, in an effort to get them to pay before their accounts are sent to outside collection agencies. This is a notable ...

The headline refers to a new FCC proposal to tighten “Know Your Customer” (KYC) and related obligations on voice providers to reduce illegal robocalls, including expanded customer vetting, verification, and stronger penalties for KYC failures. What the FCC is proposing ...

The Fed has proposed to let banks and credit unions use intermediaries (such as correspondent banks or other service providers) to send and receive payments over FedNow, instead of requiring every instant payment to be strictly “bank A to bank ...

There is not a new, unifying decision holding that text messages are or are not “calls” for TCPA Do‑Not‑Call (DNC) purposes; however the recent trend in the post‑Chevron / post‑Loper Bright landscape is confusing. Multiple federal district courts have recently ...

The Congressional Budget Office’s latest monthly budget says the U.S. government operated at a deficit of $1.17 trillion for the first six months of the fiscal year—from October 2025 to March 2026. While the deficit is smaller than the shortfall ...

The partnership between Deluxe Merchant Services and Washington Trust Bank aims to bring the latest in digital payment processing technology to businesses in the Pacific Northwest.Minneapolis Today Deluxe Merchant Services, a leading provider of payment processing solutions, has announced a ...

A legal challenge to California's debt collection licensing fees could have far-reaching implications for the state's regulatory landscape and credit markets. Two debt collection trade associations and a debt collector have filed a putative class action lawsuit against the California ...