The landscape of American higher education financing has undergone a seismic shift. Following the enactment of the One Big Beautiful Bill Act—legislation passed by congressional Republicans and signed by President Trump last year—the U.S. Department of Education has begun implementing a series of reforms that fundamentally alter how federal student loans are managed, repaid, and…
Over the recent July 4th weekend, the United States lost a titan of fiscal policy and a stalwart of public service. The Honorable William Reynolds Archer Jr., known to colleagues and constituents simply as "Bill," passed away at the age of 98. A man whose career spanned over three decades in the halls of Congress,…
By PYMNTS July 10, 2026 As the clock ticks toward midnight on July 11, 2026, the landscape of American monetary policy stands on the precipice of a significant, albeit temporary, transformation. A comprehensive housing bill, having successfully navigated the treacherous waters of the legislative process, is poised to become law, effectively imposing a four-year moratorium…
In a significant move aimed at fortifying public trust in the halls of power, a senior House Republican has introduced legislation designed to prohibit members of Congress, their spouses, and their dependent children from wagering on prediction markets linked to government actions, legislative outcomes, or electoral results. The proposed "Stop Lawmakers from Predicting Act" marks…
By PYMNTS | June 18, 2026 In an effort to stem the rising tide of financial crime, Representative Young Kim has officially introduced the "Strengthening Transaction Oversight and Preventing Payments Fraud Act of 2026" (STOP Payments Fraud Act of 2026). The proposed legislation aims to overhaul current regulatory frameworks that critics argue inadvertently tie the…
As the global business landscape continues to recalibrate in the wake of the pandemic, the corporate travel sector has not only recovered—it has surged. With global business travel expenditure reaching a staggering $1.57 trillion, a year-over-year increase of approximately 6%, the demand for efficient, cost-effective, and streamlined travel solutions has never been higher. Yet, for…
