The House Financial Services Committee claims the Consumer Finance Protection Bureau (CFPB) failed to properly investigate Wells Fargo in its fraud case. The CFPB fined Wells Fargo Bank $100 milli...
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A bill that would help U.S. farmers export their products globally was introduced in the Senate this week. The bipartisan legislation –the Cultivating Revitalization by Expanding American Agricul...
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A pilot program designed to help small businesses gain access to capital and expand operations has been included in the National Defense Authorization Act (NDAA). Sens. Cory Booker (D-NJ) and Kirst...
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Telecom and cable companies crediting their customers affected by Hurricane Irma for service outages as well as waiving late fees and extending billing periods. “As we begin the recovery process...
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Federal entities are not providing enough opportunities for minority- and women-owned (MWO) asset management companies, a new report from the Government Accountability Office (GAO) said. The GAO r...
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The importance of cybersecurity to combat the risks of cyberattacks were highlighted in a new report by the Securities and Exchange Commission. “Cybersecurity is critical to the operations of our...
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Canada lowered its budget deficit and had the lowest debt-to-GDP (gross domestic product) among the G7 nations in fiscal year 2017, according to the Annual Financial Report of the Government of Canada...
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A U.S. corporate income tax rate of 20 percent would have kept 4,700 companies in the United States from 2004 to 2016, a new study by the Business Roundtable study concludes. Further, a 20 percent ...
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Homeowners and renters in Georgia who were impacted by Hurricane Irma will receive disaster assistance from the U.S. Department of Housing and Urban Development (HUD). Camden, Chatham, and Glynn co...
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The Public Company Accounting Oversight Board (PCAOB) will host a webinar next month with the prime focus being auditor requirements for Form AP for PCAOB-registered firms auditing smaller public comp...
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U.S. Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz will oversee the CFTC’s Technology Advisory Committee (TAC), which advises the commission on technological innovations in...
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The South Carolina State Board of Financial Institutions and the South Carolina Department of Consumer Affairs will begin using the National SAFE Mortgage Loan Originator (MLO) Test with Uniform State...
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A new report released by Bank of America shows that the company’s multi-billion commitment to the environment is having a positive impact on the environment and the economy. The report, entitled ...
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Recently released survey results maintain most American workers are unlikely to see sizeable increases in their salaries in 2018. Research findings from the global professional services firm Aon’...
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The U.S. House of Representative voted last week to approve a bill that keeps the National Credit Union Administration (NCUA) out of the appropriations process. Originally, the bill would have made...
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House Financial Services Subcommittee Chairman Sean Duffy (R-WI) urged the National Credit Union Administration (NCUA) to withdraw or amend its proposal to close the Temporary Corporate Credit Union...
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In response to a major data breach at Equifax, Rep. Jim Himes (D-CT) introduced legislation requiring credit reporting agencies to allow consumers to freeze their information, free of charge, in the e...
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Reps. Kyrsten Sinema (D-AZ) and Bruce Poliquin (R-ME) recently reintroduced a measure designed to help identify, report and stop senior financial abuse. The lawmakers said the Senior Safe Act encou...
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Members of the Joint Economic Committee (JEC) held a hearing last week to discuss the importance of free digital trade to the U.S. economy and how to better facilitate digital trade for American busin...
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Pamela Patenaude was confirmed by the U.S. Senate to serve as deputy secretary of the Department of Housing and Urban Development (HUD). HUD Secretary Ben Carson said the appointment is particularl...
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