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Showing 1 - 10 of 59 results for "US Senate"

Private capital, active ETFs to continue shake up of financial services: Deloitte

KARREN VERGARA | MONDAY, 28 APR 2025

... stablecoins and accelerate banks' adoption of stablecoin-based payment solutions," Deloitte said. Last month, the US Senate Banking Committee passed the Guiding and Establishing National Innovation for US Stablecoins Act of 2025 or GENIUS Act, which ...

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI | FRIDAY, 11 APR 2025

The US Senate has voted 52 to 44 for the appointment of the next chair of the Securities and Exchange Commission (SEC). Meanwhile, the UK's Financial Conduct Authority (FCA) has reappointed its chief executive. Patomak Global Partners chief executive ...

SEC names acting chair, establishes crypto taskforce

ELIZA BAVIN | WEDNESDAY, 22 JAN 2025

... and the American Dream." Uyeda was first sworn into office as a commissioner in June 2022 after being confirmed by the US Senate. He was subsequently re-nominated and confirmed for a five-year term expiring in 2028. Before joining the SEC, Uyeda was ...

Gensler to leave SEC in January

JAMIE WILLIAMSON | FRIDAY, 22 NOV 2024

... commission in April 2021 in the immediate aftermath of the GameStop short squeeze. He was confirmed in the role by the US Senate and was to serve a five-year term through to 2026. Before joining, he was professor of the Practice of Global Economics and ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN | MONDAY, 8 AUG 2022

The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ...

Billionaires targeted in Twitter bitcoin scam

ELIZA BAVIN | FRIDAY, 17 JUL 2020

... malicious activity they may have conducted or information they may have accessed and will share more as we have it." The US Senate Committee on Commerce has requested Twitter brief the committee on the issue no later than July 23, with committee chair ...

Dow skyrockets in two-day winning streak

ALLY SELBY | THURSDAY, 26 MAR 2020

... past two days, the Dow has lifted 14%, its largest two-day rally since 1987. The surge comes as law makers signal the US Senate is close to passing a US$2 trillion stimulus bill, which will provide financial assistance to unemployed Americans and distressed ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG | THURSDAY, 26 MAR 2020

Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...

RBA crushes hopes of Libra launch

ALLY SELBY | FRIDAY, 10 JAN 2020

... Mastercard, Stripe, Visa, Mercado Pago and Bookings Holdings left the Libra Association following widely publicised US senate meetings that outlined serious regulatory concerns with the global cryptocurrency. That said, the RBA believes that Australia's ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG | WEDNESDAY, 27 FEB 2019

... Chairman Jerome Powell's semi-annual testimony before the Committee on Banking, Housing, and Urban Affairs of the US Senate - turned out to be a bummer. We've seen this movie before. Copied and pasted below is an excerpt from his speech so you ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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