U.S. Sens. Angus King (I-ME), Orrin Hatch (R-UT), and Bill Nelson (D-FL) introduced last week a bill to expand the number of community banks that can lend to small businesses. Specifically, the Com...
Read More
U.S. Sen. James Lankford (R-OK) urged his colleagues in the Senate last week to support his bill, the Small Business Regulatory Flexibility Improvements Act, which would require federal agencies to ac...
Read More
The Property Casualty Insurers Association of America (PCI) recently voiced its opposition to legislation passed in Illinois to create a state-run workers’ compensation program and regulate rates. ...
Read More
The Independent Community Bankers of America (ICBA) recently said that increased data-collection and data-reporting mandates to the Home Mortgage Disclosure Act requirements could negatively impact co...
Read More
The Consumer Financial Protection Bureau (CFPB) recently announced plans to assess the effectiveness of the Ability-to-Repay/Qualified Mortgage rule (ATR/QM rule) and is seeking public comment to help...
Read More
U.S. Rep. Frank Pallone, Jr. (D-NJ) is sponsoring a bill in the House that would legalize sports betting and online gambling if appropriate consumer protections are in place. The Gaming Accountabil...
Read More
U.S. Reps. Erik Paulsen (R-MN) and Mike Quigley (D-IL) recently reintroduced bipartisan legislation to allow more foreign-born individuals who earned American Ph.Ds to work in the United States. Th...
Read More
Roughly two-thirds of the teens in the United States said they discuss money matters with their parents weekly or monthly, according to the Organisation for Economic Co-operation and Development (OECD...
Read More
The National Association of Federally-Insured Credit Unions (NAFCU), along with 12 other industry trade associations, recently requested that the Consumer Financial Protection Bureau (CFPB) extend the...
Read More
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $44 billion in the first quarter of 2017, up $5 billion (12.7 per...
Read More
House Republicans leaders decided this week to remove the repeal of swipe fee reform – also known as the Durbin Amendment -- from the Financial CHOICE Act before it is voted on by the full House. ...
Read More
The Independent Community Bankers of America (ICBA) is urging Congress to ensure that the farm bill, crop insurance and guaranteed business and industry loan programs receive necessary funding. The...
Read More
At a House Ways and Means Committee hearing this week examining tax reform, the Retail Industry Leaders Association (RILA) cautioned lawmakers about the potential impacts of a border adjustable tax (B...
Read More
Democrats on the Joint Economic Committee recently said rural America faces unique economic challenges that must be addressed by Congress. A new report, “Understanding the Economic Challenges in ...
Read More
U.S. Rep. Brian Fitzpatrick (R-PA) recently introduced legislation that ensures federal contractors get paid in a timely manner for change orders on government jobs The Small Business Payment for P...
Read More
The Financial Services Roundtable (FSR) recently announced the promotion of Anthony Cimino as head of government affairs. Cimino, who joined FSR in 2012, was promoted from senior vice president of ...
Read More
Auto insurance giants Allstate, Farmers, and American Family charged higher premiums to good drivers previously insured by smaller “non-standard” insurers than those who had coverage from primary ...
Read More
U.S. Rep. Blaine Luetkemeyer (R-MO) introduced legislation last week that would require the Federal Emergency Management Agency to look at properties individually and incorporate a structure’s actua...
Read More
Fifty-eight percent of registered voters in key battleground states believe the Consumer Financial Protection Bureau (CFPB) should be run by a bipartisan commission as opposed to a single director, ac...
Read More
The House Monetary Policy and Trade Subcommittee examined lessons learned from the International Monetary Fund's (IMF) bailout of Greece in 2010 and 2012 at a hearing last week. Several experts te...
Read More