Reps. Fitzpatrick, Goodlander introduce bill to prevent federal officials from stock trading
U.S. Reps. Brian Fitzpatrick (R-PA) and Maggie Goodlander (D-NH) introduced a bipartisan bill that would prohibit senior officials across all three branches of the federal government from trading individual stocks or participating in prediction markets for the duration of their federal service. Unlike prior reform efforts focused primarily on Congress or stock trading alone, the Public Service Accountability Act would establish one clear, government-wide standard for Congress, the executive b...
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Bill to provide cannabis businesses with banking services introduced in House
A bill was introduced in Congress last week that seeks to ensure that state-legal cannabis businesses have access to ban...Read More »
CFPB making changes to consumer complaint portal
The Consumer Financial Protection Bureau (CFPB) is making changes to its consumer complaint portal. Among the chang...Read More »
SIFMA among groups urging Senate to advance capital formation package
The Securities Industry and Financial Markets Association (SIFMA) is one of several financial industry groups that are u...Read More »
Senate passes bill package to expand nation’s housing supply
The U.S. Senate passed the 21st Century ROAD to Housing Act this week, a legislative package that seeks to expand housin...Read More »
Agencies ask for public comment on proposed stablecoin regulations
Federal agencies jointly charged with overseeing stablecoin are asking for public comment on a proposed rule for permitt...Read More »
Rep. Arrington introduces bill to close tax loopholes in digital asset market
U.S. Rep. Jodey Arrington (R-TX) introduced legislation last week that seeks to close tax loopholes in the digital asset...Read More »
Reps. Suozzi, Cole introduce bill to create Social Security solvency commission
U.S. Reps. Tom Suozzi (D-NY) and Tom Cole (R-OK) introduced legislation in the U.S. House that would create a bipartisan...Read More »
Elliott Investment calls for Northern Star shake-up
Elliott Investment Management LP has intensified its campaign for change at Northern Star Resources Ltd., arguing the Au...Read More »
FinCEN updates guidance on information sharing on fraud for financial companies
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) provided updated guidance to clari...Read More »
Citigroup’s new launch seeks to broaden access to private markets
Citigroup recently launched an initiative that seeks to broadens access to private markets for both global issuers and...Read More »
