The Managed Funds Association (MFA) sent a letter to new Securities and Exchange Commission (SEC) Chair Jay Clayton in support of efforts to modernize and simplify the regulatory framework for capital...
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U.S. Rep Andy Barr (R-KY) reintroduced legislation this week that would make the budget of the Consumer Financial Protection Bureau (CFPB) subject to congressional appropriations. The Taking Accoun...
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U.S. Reps. Steve Stivers (R-OH) and Terri Sewell (D-AL) recently introduced legislation to allow employer student loan repayment programs to be considered a non-taxable fringe benefit, reducing the ta...
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The Retail Industry Leaders Association (RILA) told the House Ways and Means Committee at a hearing on tax reform that it supports pro-growth tax reform. "Retailers have a significant impact on the...
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With the second highest corporate tax rate in the world, the Small Business and Entrepreneurship (SBE) Council said the United States needs to provide tax relief for U.S. business to better compete in...
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U.S. Sen. John Thune (R-SD) introduced legislation to simplify accounting rules and reform parts of the tax code to help small and medium-sized businesses recover investment costs and certain other ta...
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The House Ways and Means Committee held a hearing on tax reform last week, with speakers discussing how it can spur economic growth. “All of our members—no matter what side of the dais you sit ...
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At a House Small Business Committee hearing this week, officials from the Small Business Administration (SBA) updated lawmakers on their efforts to conduct proper oversight of the SBA’s 7(a) loan pr...
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A bill introduced by Sen. Jeanne Shaheen (D-NH) would bolster the Small Business Administration’s (SBA) capacity to assist small businesses facing excessive or unfair regulatory actions. The Smal...
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A bill was re-introduced in the U.S. Senate and House this week that would allow students with outstanding student loan debt to refinance at current federal interest rates before they rise. The Ban...
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Legislation introduced this week in the U.S. House would extend the federal Perkins Loan program – which provides student loans to low income families – for another two years. Reps. Elise Stefa...
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U.S. Rep. Kathleen Rice (D-NY) introduced legislation that directs the Department of Homeland Security (DHS) to conduct a threat assessment regarding the use of virtual currencies, such as Bitcoin, to...
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A bipartisan bill was introduced in the U.S. Senate that would allow legal marijuana-related businesses to access banking services. The Secure and Fair Enforcement (SAFE) Banking Act of 2017 would ...
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A survey by the Consumer Financial Protection Bureau (CFPB) found that nine in 10 of the highest-risk borrowers were not enrolled in federal affordable repayment plans. The analysis looks at hundre...
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U.S. Sens. Ron Wyden (D-OR), Sherrod Brown (D-OH), and Claire McCaskill (D-MO) are asking the Government Accountability Office (GAO) to investigate how the Committee on Foreign Investment examines U.S...
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The Department of Housing and Urban Development (HUD) Secretary Ben Carson is considering reviewing its policy on Property Assessed Clean Energy (PACE) loans, which allows homeowners to pay for energy...
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The delinquency rate for mortgage loans on residential properties fell to 4.71 percent at the end of the first quarter of 2017, according to the Mortgage Bankers Association's (MBA) National Delinquen...
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The Securities and Exchange Commission (SEC) recently appointed Robert Stebbins to general counsel of the agency. "Bob is an exceptional attorney and counselor, and I know his depth of knowledge an...
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A bipartisan group of 87 members of Congress are urging the secretaries of the Department of Homeland Security and the Department of Labor to approve the H-2B petitions to increase the number of visas...
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The Independent Community Bankers of America’s Community Banker University launched the Compliance Vault, a new subscription-based repository that addresses the most frequently asked compliance-rela...
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