Sunday - August 14, 2022
Congressional Research Service: 'Big Tech in Financial Services' (Part 3 of 4)
July 30, 2022
WASHINGTON, July 30 (TNSrep) -- The Congressional Research Service issued the following report (No. R47104) on July 29, 2022, entitled "Big Tech in Financial Services":

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(Continued from Part 2 of 4)

Existing Regulatory Framework

The U.S. financial regulatory system has been described as fragmented, with multiple overlapping regulators, and a dual state-federal regulatory system. As a result, Big Tech operations in financial servi . . .

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