Sens. Cassidy, Ricketts introduce bill to stop Congress members from buying stocks
U.S. Sens. Bill Cassidy, M.D. (R-LA) and Pete Ricketts (R-NE) introduced legislation in the U.S. Senate that seeks to prohibit members of Congress, their spouses, and dependent children from purchasing publicly traded stocks. Specifically, the Stop Insider Trading Act would: Prohibit Members, spouses, and dependent children from purchasing any new stocks in publicly traded companies. Require public notice at least seven days, but no more than 14 days, in advance of any intended sale. ...
Read More
Featured
Bill to reauthorize two small business programs gets approved in Congress
The U.S. House of Representatives passed bipartisan legislation to reauthorize the Small Business Innovation Research (S...Read More »
U.S. Bank hires Alan Flanagan to lead global investment services
Alan Flanagan has joined U.S. Bank as the company’s head of global investment services. In this new role, Flanagan ...Read More »
Trump signs executive order to facilitate more mortgage lending from small banks
U.S. President Donald Trump signed an executive order recently that directs the Consumer Financial Protection Bureau (CF...Read More »
Senate passes ROAD to Housing Act
The U.S. Senate passed the 21st Century Renewing Opportunity in the American Dream, or ROAD, to Housing Act last week b...Read More »
Senators introduce bill to hold bank executives accountable if bank fails
U.S. Sens. Elizabeth Warren (D-MA) is among a group of senators sponsoring a bill that seeks to hold big bank executives...Read More »
Cal Coast Credit Union’s compliance failures draw federal rebuke, derail $13.6 billion merger
San Diego County Credit Union (SDCCU) says it has already walked away from its proposed merger with California Coast Cre...Read More »
Americans want Fintechs to follow bank rules, survey finds
A new survey from the American Bankers Association found that consumers want fintech companies to follow the same rules ...Read More »
Sens. Warner, Hawley urge administration to track AI impact on jobs
U.S. Sens. Mark Warner (D-VA) and Josh Hawley (R-MO) are among a group of senators urging the U.S. Department of Labor, ...Read More »
House Financial Services Committee passes bill to help community banks
The House Financial Services Committee passed legislation last week, the Main Street Capital Access Act (H.R. 6955), whi...Read More »
Fintech Revolut applies for U.S. bank charter
Financial technology company Revolut applied for a U.S. national bank charter with the U.S. Office of the Comptroller of...Read More »
