FIRST ON FOX: Congressional GOP lawmakers are reintroducing legislation for a savings account option meant to put fewer financial regulations on Americans. Sen. Ted Cruz, R-Texas, and Rep. Diana ...

Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in the aftermath of the 2008 financial crisis, “ignores the ...

Multi-state operators are notably higher on the news. The president's efforts are part of a renewed effort to get the Secure ...

Congress passed the Federal Reserve Act to establish economic stability in the U.S. by introducing a central bank to oversee monetary policy. Passed by President Woodrow Wilson, the law also ...

Amendments to the Banking Act in December 2024 required banks to raise their core capital to Sh10 billion over the next five ...

While the legislation has not yet made its way to the Senate floor, if passed, it would define the regulatory requirements ...

The Banking Act, CAP 488 (Banking Act), defines core capital as 'permanent shareholders' equity in the form of issued and fully paid-up shares of common stock, plus all disclosed reserves ...