SoFi rises after regulator approves U.S. bank charter
The online lending platform acquired Golden Pacific Bank as a path to getting the full-fledged banking license, the regulator said in a...
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SEC pushes for more transparency from private companies
The SEC has begun work on a plan to require more private companies to routinely disclose information about their finances and operations,...
Nancy Pelosi doesn’t think that members of Congress should be banned from trading stocks
“This is a free market, we are a free market economy, they should be able to participate in that," Pelosi said. It is not illegal for...
Partisan split over stablecoins highlighted at banking hearing
Massachusetts Democrat Elizabeth Warren Elizabeth Warren expressed concern that the “talk” around stablecoins doesn’t match up to...
Crypto executives defend industry as congress considers oversight
The executives argued that cryptocurrencies don’t fit neatly within the existing structure of U.S. financial regulations and that...
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