Governor Kathy Hochul today signed legislation (S.6522A/A.7363A) to protect patients facing steep medical bills that can lead to wage garnishment or liens against their property.
Citigroup needs to address weaknesses in how it manages financial data, according to a review of the biggest banks’ so-called living will plans, U.S. banking regulators said Wednesday.
The Office of Management and Budget has signed off on a Federal Communications Commission rule requiring gateway providers to block calls on a “do-not-originate list,” part of the agency’s May report and order designed to block overseas robocalls from reaching U.S. phones, according to a Federal Register notice published on Nov. 18.
On November 21, 2022, Receivables Performance Management LLC reported a data breach with the Attorney General of Maine after the company learned that it had been the target of a 2021 ransomware attack compromising sensitive consumer information stored on its computer network. According to RPM, the breach resulted in the names and Social Security numbers belonging to certain individuals being compromised.
Bailouts of large, dominant, or politically connected firms are a sign of cronyism, not capitalism. In the last crisis, the government took a number of extraordinary steps, including providing bailouts from the public, to prevent the failure of very large financial institutions from inflicting even more catastrophic damage on the economy.
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