The Independent Community Bankers of America (ICBA) announced that Kevin Tweddle has joined the ICBA Services Network as group executive vice president, innovation and financial technology. In thi...
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National Credit Union Administration Acting Board Chairman Mark McWatters laid out the agencies goals for the future, which include plans to streamline operations and provide regulatory relief. Spe...
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The House Small Business Committee reviewed the Small Business Administration's attempt to restructure the agency at a hearing last week, with experts citing several concerns about its execution of th...
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The Retail Industry Leaders Association (RILA) blasted the idea of a 5-year phase-in of the border adjustment tax (BAT), which was floated by House Ways and Means Committee Chairman Kevin Brady (R-TX)...
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Investor confidence has dipped in recent months due to the political climate both in the United States and abroad, according to the latest Wells Fargo/Gallup Investor and Retirement Optimism Index. ...
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Legislation was introduced in Congress last week that would create 529-style savings accounts for first-time homebuyers. The First-Time Home Buyer Savings Account Act (H.R 2802) – sponsored by R...
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A bipartisan group of senators introduced a bill to streamline the U.S. Department of Housing and Urban Development’s Family Self-Sufficiency (FSS) program. The Family Self Sufficiency Act would...
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A bipartisan bill was introduced in the Senate to reauthorize the National Flood Insurance Program for six years while instituting a cap on premiums and other reforms. The Sustainable, Affordable...
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The U.S. House of Representatives passed legislation this week that prioritizes Department of Energy grant programs on education and training for manufacturing and energy-related jobs. The bill (...
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The U.S. Department of the Treasury issued a report to President Donald Trump on the financial regulatory system, which detailed executive actions and administrative changes that are needed to provide...
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The National Association of Federally-Insured Credit Unions (NAFCU) released its first-ever Credit Union Sentiment Index this week, which shows optimism about continued loan and membership growth, but...
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Federally insured credit unions across the country saw growth nearly across the board during the first quarter of 2017, according to data released by the National Credit Union Administration. Media...
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The U.S. Government Accountability Office (GAO) said the U.S. Customs and Border Protection (CBP) agency is understaffed in trade enforcement and should develop a long-term hiring plan for trade posit...
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U.S. Rep. Dennis Ross (R-FL) recently sponsored a bill that will allow individuals to set aside money annually in tax-preferred accounts to use for natural disaster mitigation expenses. The Disaste...
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American Beverage Licenses (ABL) applauded the U.S. House of Representatives for not repealing swipe fee reforms with the passage of the Financial CHOICE Act last week. The initial draft of the Fin...
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Everett Eissenstat was appointed to deputy assistant to the President for International Economic Affairs and deputy director of the National Economic Council (NEC). He joins from the Senate Financ...
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The Consumer Financial Protection Bureau (CFPB) is urging credit card companies to avoid using deferred-interest promotions so they do not surprise consumers with high interest rates down the road. ...
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The Securities and Exchange Commission (SEC) named current acting director of the Division of Enforcement Stephanie Avakian and former federal prosecutor Steven Peikin as co-directors of the Division ...
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U.S. Sens. Kirsten Gillibrand (D-NY), Bill Cassidy, MD (R-LA), and Shelley Moore Capito (R-WV) introduced legislation last week to reauthorize the National Flood Insurance Program (NFIP), which is c...
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Bills were introduced in the House and Senate last week that would overturn the Department of Labor’s (DOL) fiduciary rule on investment advice, which went into effect on June 9. The Affordable R...
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