The Senate Banking Committee advanced bills to create a regulatory framework for dollar-denominated stablecoins and to ...

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 ...

He sues Capitol One, as Sen. Tim Scott offers a bill to end ‘reputational risk.’ ...

SENATE BANKING PANEL HEARS DEBANKING TESTIMONY: 'EXTREMELY DISRUPTIVE' Senate Banking Committee Chairman Tim Scott, R-S.C., introduced the debanking bill with a dozen of the panel's GOP members.

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 notice or ...

Over the past few years, more Americans were surprised to learn that their bank suddenly closed their accounts, purportedly ...

The US Banking Committee has moved to eliminate 'reputational risk' as a reason for account closures, challenging a practice ...

FDIC removes "reputational risk" from bank supervision criteria, marking a win for the crypto industry amid regulatory shifts.

The industry's ongoing campaign against the debanking of crypto businesses and leaders has secured a legislative push from a top U.S. senator, Tim Scott, who is championing a bill that would cut ...