Democrats on the Senate Committee on Banking, Housing, and Urban Affairs implored Ben Carson, secretary of Housing and Urban Development (HUD), not to support reported steep cuts to his department. ...
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U.S. Rep. Maxine Waters (D-CA) and Financial Services Committee Democrats are urging Federal Reserve Board Chair Janet Yellen to continue regulatory activities despite a request from committee Republi...
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A bill that would allow increased congressional oversight of the Financial Stability Oversight Council (FSOC) was introduced in the House of Representatives this week by U.S. Rep. Tom Emmer (R-MN). ...
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The National Association of Insurance Commissioners (NAIC) has created an Innovation and Technology Task Force to help insurance regulators stay informed on the latest developments in insurance techno...
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Announced this week, Raphael Bostic will serve as the new president and chief executive officer of the Federal Reserve Bank of Atlanta (Atlanta Fed) effective June 5, 2017, succeeding Dennis Lockhart,...
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U.S. Reps. David Scott (D-GA), Randy Hultgren (R-IL), and Luke Messer (R-IN) sponsored legislation last week, requiring the annual percentage rate (APR) to be disclosed on federal student loans to stu...
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The American Bankers Association (ABA) testified before the House Small Business Subcommittee on Investigations, Oversight and Regulations last week in support of the Small Business Administration 7(a...
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U.S. Reps. Randy Hultgren (R-IL) and Jason Smith (R-MO) reintroduced the Bring Small Businesses Back Tax Reform Act, which sets new tax rates for businesses. Specifically, the Bring Small Businesse...
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Legislation introduced in the U.S. Senate last week would require companies to disclose to investors, in their Securities Exchange Commission statements, if anyone on their board of directors is a cyb...
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Reps. Randy Hultgren (R-IL) and Dutch Ruppersberger (D-MD) are urging the House Ways and Means Committee to reject any tax reform proposal that caps or eliminates the deduction on tax-exempt municipal...
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The Financial Industry Regulatory Authority (FINRA) filed a proposal with the Securities and Exchange Commission (SEC) to streamline competency exams and facilitate opportunities for professionals loo...
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The Federal Savings Association Charter Flexibility Act was introduced to Congress last week, aiming to make it easier for federal savings associations to change charters and broaden their services un...
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A bipartisan group of members from the U.S. House of Representatives are urging the Department of Education and the Department of the Treasury to make it easier for student loan borrowers to access af...
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The Federal Emergency Management Agency (FEMA) has had to borrow billions on top of billions of dollars to keep the National Flood Insurance Program (NFIP) afloat, but statutory reform is needed to ke...
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U.S. Reps. Dennis Ross (R-FL) and Kathy Castor (D-FL) reintroduced this week the Flood Insurance Market Parity and Modernization Act, which encourages the development of a private flood insurance mark...
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U.S. Rep. Randy Hultgren (R-IL) introduced a bill this week to expand the opportunities for employees to own a stake in the companies for which they work. The bill, Encouraging Employee Ownership ...
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The U.S. Senate withdrew the Obama Administration’s Fair Play and Safe Workplaces regulation, which required companies to report labor law violations when bidding on government contracts. The Se...
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A bicameral bill reintroduced in both the House and Senate this week aims to simplify state income tax requirements for employees who work multiple days per year outside their home state. The Mobil...
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M&T Bank’s first quarter Economic Outlook Survey said potential changes in economic policy under the Trump Administration are fueling optimism within businesses. The survey found that 70 percent ...
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New Zealand, Canada, and the United States have the strongest conditions to support women entrepreneurs, according to the inaugural Mastercard Index of Women Entrepreneurs. The index uses 12 indica...
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