The Federal Housing Finance Agency (FHFA) is seeking public input on Fannie Mae and Freddie Mac's proposed Underserved Markets Plans. Through the Housing and Economic Recovery Act of 2008, the ente...
Read More
Financial Innovation Now (FIN), an alliance of companies including Amazon, Apple, Google, Intuit and PayPal, spoke out against a provision in the Financial CHOICE Act that would repeal debit swipe fee...
Read More
U.S. Reps. Randy Hultgren (R-IL) and Andy Barr (R-KY) introduced legislation that would require the Government Accountability Office (GAO) to study the privacy risks associated with the Consumer Finan...
Read More
Investment Company Institute (ICI) President and CEO Paul Schott Stevens discussed balancing regulation with economic growth during his state of the asset management industry address at the ICI Genera...
Read More
The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a second hearing last week on the reauthorization of the National Flood Insurance Program (NFIP). The current authorization for...
Read More
Comptroller of the Currency Thomas Curry resigned on May 5, replaced by Keith Noreika, who will serve as Acting Comptroller of the Currency, effective immediately. “Serving as Comptroller of the ...
Read More
A new report from the Institute for Higher Education Policy (IHEP) and the Corporation for Enterprise Development (CFED) examined how cities and states can help low-income and moderate-income families...
Read More
Two House subcommittees convened last week to discuss the need for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs to drive innovation. Speakers...
Read More
A Business Roundtable survey of CEOs recently found that the majority believe that delaying tax reform will cause slower economic growth, hiring and capital investment. Specifically, 57 percent of ...
Read More
A survey recently conducted by the American Bankers Association and the Federal Agricultural Mortgage Corp. (Farmer Mac) found that nearly 90 percent of agricultural lenders have seen a decline in far...
Read More
U.S. Sen. Claire McCaskill (D-MO) has sponsored a bill that would help small business safeguard their digital data and protect themselves from cyber-attacks. The bill, Making Available Information ...
Read More
The Investment Company Institute and Credit Union National Association both came out in support of the House Financial Services Committee’s recent approval of the Financial Choice Act. The Creat...
Read More
The House Financial Services Committee passed the Financial Choice Act on Thursday, a Republican-led initiative to rollback or change many of the reforms implemented in the Dodd-Frank Act. It was ...
Read More
U.S. Senator Tim Scott (R-SC) and U.S. Rep. Mark Walker (R-NC) are requesting that both the Senate and House Appropriations Committees maintain support for the federal Pell Grant program for colleg...
Read More
U.S. Rep. Joyce Beatty (D-OH) is sponsoring a bill in the U.S. House of Representatives that would provide consumers with free annual credit scores with their annual credit report. Under current la...
Read More
U.S. Sen. Jon Tester (D-MT) is sponsoring a bill that would reduce taxes for small craft breweries and distilleries. "Congress must cut taxes for Montana brewers and distillers so they can continue...
Read More
The U.S. Senate passed H.J. Res 66, a joint resolution to reject a Department of Labor (DOL) rule for government-run and mandated IRA plans at the state level – also known as the auto-IRA rule. T...
Read More
A group of Republican senators are urging newly-confirmed Secretary of Labor Alexander Acosta to delay implementation of the DOL’s fiduciary rule until after an extensive review has been conducted. ...
Read More
U.S. Sens. Bob Casey (D-PA) and Roy Blunt (R-MO) introduced last week the Adoption Tax Credit Refundability Act to make the current adoption tax credit fully refundable. The adoption tax credit was...
Read More
Legislation that would provide student loan debt relief for parents whose children become permanently disabled was introduced in the U.S. House of Representatives this week. Most federal student lo...
Read More