U.S. Sens. Mike Rounds (R-SD) and Heidi Heitkamp (D-ND) introduced legislation to exempt community banks and credit unions from the Consumer Financial Protection Bureau’s (CFPB) revised Regulation...
Read More
The House Subcommittee on Digital Commerce and Consumer Protection held a hearing last week on how the financial services landscape has been disrupted by financial technology (fintech) over the last d...
Read More
The House passed the Financial CHOICE Act on Thursday, legislation that would overhaul many provisions of the Dodd-Frank Act and reduce regulations on financial institutions. The Republican-led bil...
Read More
The Illinois Department of Financial and Professional Regulation (IDFPR) hosted a conference this week on how cybersecurity issues can compromise the real estate closing process. IDFPR’s Cybersec...
Read More
Canadian government officials signed an agreement this week to modify Canada's tax treaties to implement the measures developed by the joint Organisation for Economic Co-operation and Development (OEC...
Read More
A Nevada housing organization and the owner of apartment complexes in Reno settled allegations of housing discrimination in violation of the Fair Housing Act, the U.S. Department of Housing and Urban ...
Read More
People receiving subsidized housing assistance are more likely to have medical insurance than other low-income people not receiving housing assistance from the US Department of Housing and Urban Devel...
Read More
At a Congressional hearing this week on the National Flood Insurance Program (NFIP), U.S. Rep. Randy Hultgren (R-IL) urged reforms to ensure taxpayers are shielded from unnecessary risk. Hultgren s...
Read More
The Mortgage Bankers Association (MBA) nominated Brian Stoffers, global president, debt and structured finance at CBRE, to be its vice chairman for the 2018 membership year. He will be elected by...
Read More
Private equity invested $132 billion into during the first quarter of 2017, led by a sharp increase in healthcare sector, according to the American Investment Council’s (AIC) 2017 Q1 Industry Invest...
Read More
U.S. Reps. Tom Rooney (R-FL) and Charlie Crist (D-FL) are co-sponsoring legislation that would give businesses tax credits to hire new employees. The Small Business Tax Relief and Jobs Act of 2017...
Read More
Sens. Pat Roberts (R-KS) and Chris Coons (D-DE) are co-sponsoring legislation that would incentivize companies to develop and manufacture products in the United States. The Invent and Manufacture ...
Read More
The Joint Industry Board, a New York-based labor/management organization serving the International Brotherhood of Electrical Workers Local Union No. 3 members and their employers, hired Prudential Ret...
Read More
Discover Financial Services is adding more than 200 full-time positions in its Phoenix Customer Care Center, mostly in customer service, collections and fraud. The openings are a result of Discove...
Read More
The Independent Community Bankers of America (ICBA) filed an amicus brief supporting the American Bankers Association’s (ABA) lawsuit challenging the National Credit Union Administration’s (NCUA) ...
Read More
U.S. Sen. Susan Collins (R-ME) introduced legislation that would allow financial regulators to exempt small community banks from unnecessary regulatory requirements. The Community Bank Sensible Reg...
Read More
A new report released by the California Bankers Association (CBA) and Beacon Economics looks at the economic impact of the state’s banking industry. The report, “The Economic Impact of Californ...
Read More
Nevada Gov. Brian Sandoval signed into law a bill that gives consumers in the state the option to receive their insurance policies, documents and consumer notices electronically. This law also enab...
Read More
Securities and Exchange Commission (SEC) Chairman Jay Clayton announced that the commission is accepting public comment on standards of conduct for financial advisors under the Department of Labor’s...
Read More
While the unemployment rate dropped to 4.3 percent, the economy added a less-than-expected 138,000 nonfarm payroll jobs in May, according to the Bureau of Labor Statistics jobs report. At 4.3 perce...
Read More