The bank had told employees in November that it was reviewing their ability to work from home, but its CEO now says he has decided to “hit pause on implementing any changes," according to a report by Bloomberg.
Readers consider Square's bid to become an industrial loan company, weigh the Federal Deposit Insurance Corp.'s oversight of brokered deposits and debate reforms to the Consumer Financial Protection Bureau.
In the face of tough questioning from House members, CFPB Director Kathy Kraninger appeared mostly unfazed and tried to strike a balance between heeding concerns about the agency’s power and supporting its mission to help consumers.
Banks once again are finding themselves in the political crosshairs over customers they finance, but this time it’s community activists, not the government, leading the charge.
Digital-asset companies will try to develop a less adversarial relationship with the state's securities regulator, who stopped several startups from selling digital currencies as investments.
