Sens. Warren, Warner call on GAO to investigate DOGE actions at SEC

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By Dave Kovaleski  |  April 1, 2025

U.S. Sens. Elizabeth Warren (D-MA) and Mark Warner (D-VA) are asking the Government Accountability Office to investigate recent activities by Elon Musk’s Department of Government Efficiency at the Securities and Exchange Commission. The senators are seeking answers about any potential harms to American investors as a result of recent large-scale staff departures, cancelled contracts, and onboarding at the SEC by DOGE staff. The letter follows last week’s Senate Banking Committee hear...

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Trump administration issues order for federal government to use electronic payments

By Dave Kovaleski |
March 28, 2025

President Donald Trump issued an executive order that seeks to mandate a transition to electronic payments for all Feder...Read More »

ABA report says credit conditions have declined for the first time in five quarters

By Dave Kovaleski |
March 27, 2025

Credit conditions in the U.S. have worsened for the first time in five months and are expected to weaken over the next s...Read More »

Financial industry groups urge Congress not to intervene in credit card market

By Dave Kovaleski |
March 26, 2025

Several financial industry groups, including the Independent Community Bankers of America (ICBA) are warning federal law...Read More »

SBA reorganization plan includes workforce reductions

By Dave Kovaleski |
March 25, 2025

The U.S. Small Business Administration (SBA) is undergoing an agency-wide reorganization that will result in a 43 percen...Read More »

Rep. Smucker, Sen. Lankford urge Trump administration to address concerns in UI system

By Dave Kovaleski |
March 24, 2025

U.S. Rep. Lloyd Smucker (R-PA) and U.S. Sen. James Lankford (R-OK) are urging the Trump administration to address issues...Read More »

USDA to issue up to $10B to agricultural producers

By Dave Kovaleski |
March 20, 2025

The U.S. Department of Agriculture (USDA) is issuing up to $10 billion to agricultural producers through the Emergency C...Read More »

Reps. Feenstra, Craig introduce bill to enhance crop insurance protections

By Dave Kovaleski |
March 18, 2025

U.S. Reps. Randy Feenstra (R-IA) and Angie Craig (D-MN) introduced legislation that seeks to enhance crop insurance prot...Read More »

Bipartisan bill would increase access to capital for small businesses

By Dave Kovaleski |
March 17, 2025

Bipartisan legislation was introduced in the U.S. House of Representatives last week that seeks to increase the amount o...Read More »

Rep. LaHood commends passage of legislation extending prosection of pandemic unemployment fraud

By Dave Kovaleski |
March 14, 2025

U.S. Rep. Darin LaHood (R-IL) applauded the passage of the bipartisan Pandemic Unemployment Fraud Enforcement Act, which...Read More »

Sen. Lummis introduces bill to establish strategic Bitcoin reserve

By Dave Kovaleski |
March 13, 2025

U.S. Sen. Cynthia Lummis (R-WY) introduced legislation to establish a strategic Bitcoin reserve to serve as an additiona...Read More »

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