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Fintech Headlines

Fed's Brainard sees no compelling case for Fed digital currency

Delivering what may be one of the U.S. central bank's most detailed critiques of cryptocurrencies to date, Federal Reserve Governor Lael Brainard on Tuesday said digital coins pose "serious" challenges, and she all but dismissed the possibility that the Fed could enter the market.

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Trump signs congressional resolution overturning auto lending rule

WASHINGTON U.S. President Donald Trump signed into a law a congressional resolution overhauling a rule issued by the Consumer Financial Protection Bureau (CFPB) that aimed to bar discrimination in auto lending, the White House said on Monday.