U.S. Rep. Scott Tipton (R-CO) recently introduced a bill that seeks to delay a Consumer Financial Protection Bureau (CFPB) regulation that imposes consumer safeguards on prepaid cards. In October 2...
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House Democrats blasted a Trump Administration proposal to increase fees for property owners in flood zones to help pay for a wall along the southern border, calling it “unfair” and “outrageous....
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The Securities and Exchange Commission increased the amount of money companies can raise through crowdfunding to adjust for inflation, and approved changes to benefit emerging growth companies under t...
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The U.S. Department of Labor (DOL) postponed the applicability date for the fiduciary rule by 60 days until June 9, according to a notice posted in the Federal Register. “Based on its review and ...
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The Independent Community Bankers of America (ICBA) called on Congress to include better financing for U.S. Department of Agriculture lending programs in the 2018 Farm Bill to prevent an exodus of pro...
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The House Monetary Policy and Trade Subcommittee examined the impact the Federal Reserve’s governance structure and mandate have on the economy. “Unsustainable spending of other peoples’ mone...
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Kara Novaco Brockmeyer, chief of the Enforcement Division’s Foreign Corrupt Practices Act (FCPA) Unit at the Securities and Exchange Commission, is leaving the agency after 17 years of service. S...
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Republican members of the House Financial Services Committee continued their assault on the Dodd-Frank Act and particularly the Consumer Financial Protection Bureau, created by the law, during hearing...
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The American Bankers Association testified this week before the House Agriculture Committee’s Commodity Exchanges, Energy, and Credit Subcommittee on necessary reforms to the upcoming Farm Bill and ...
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The Federal Reserve Board is accepting applications from individuals who would like to serve on its Community Advisory Council (CAC). The CAC, formed in 2015, advises the board on issues affecting ...
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Debt collection, credit reporting and mortgages were the top three financial products and services consumers complained about most last year, according to the Consumer Financial Protection Bureau’s ...
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Andrew Busch has been named the first chief market intelligence officer of the U.S. Commodity Futures Trading Commission (CFTC), effective April 10. Busch comes to the CFTC with 30 years of experie...
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U.S. Rep. Carolyn Maloney (D-NY) introduced a bill this week designed to increase loan opportunities for small businesses in developing communities. The Investing in America’s Small Businesses ...
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U.S. Reps. Peter Roskam (R-IL) and Joseph Crowley (D-NY) introduced legislation to limit the Internal Revenue Service’s (IRS) ability to seize people’s money without first charging them with a c...
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The Financial Services Roundtable (FSR) applauded the U.S. Senate for passing a joint resolution to reject the Department of Labor’s (DOL) government-run and mandated IRA rule for local municipaliti...
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U.S. Senate Republicans introduced a bill that would reform the H-2B temporary visa program to allow companies to hire more foreign workers for non-agricultural seasonal work, primarily in the constru...
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Reforms to the Small Business Administration (SBA) entrepreneurial development programs could make these programs even more effective, experts said at a House Small Business Committee’s Subcommittee...
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Two bills were recently introduced in the U.S. Senate to ease the burden of college loan repayment for students and their families. U.S. Sens. Mark Warner (D-VA) and John Thune (R-SD) introduced th...
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A bipartisan group of 71 members of the U.S. House of Representatives urged the leaders of the House Appropriations Committee to provide full funding for the Treasury Department's Community Developmen...
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The Securities and Exchange Commission (SEC) approved a rule last week proposed by the Financial Industry Regulatory Authority (FINRA) to protect investors, particularly seniors, from financial exploi...
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