Members of the House Committee on Small Business met with small business leaders in Newportville, Pennsylvania, this week to learn how federal programs help or hinder workforce development initiatives...
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America Saves Week, held Feb. 26 to March 3, seeks to encourage people to save for retirement and other expenses and goals. Sponsored by America Saves and American Savings Education Council, Ameri...
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National Credit Union Administration (CUNA) Board Chairman J. Mark McWatters highlighted accomplishments and urged credit unions to “reason together” at CUNA’s annual Governmental Affairs Confer...
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The Mortgage Bankers Association (MBA) announced this week the appointment of Deborah Dubois to serve as the organization’s Opens Doors Foundation president. MBA Opens Doors provides rental and m...
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The Office of the Comptroller of the Currency (OCC) amended its annual stress test rule, making several technical revisions to the regulation. The stress testing rule was established through the Do...
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Investors say cyberattacks pose the biggest threat to business, according to PricewaterhouseCoopers (PwC) Global Investor Survey 2018. The survey found that 41 percent of investors and analysts are...
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The American Institute of CPAs (AICPA) said several areas of the Tax Cuts and Jobs Act (TCJA) need technical corrections, which it outlined in a letter to the House Ways and Means and Senate Finance c...
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Legislators and business leaders are espousing the residual benefits of tax reform legislation, noting the effort has been profitable for employees. “In less than eight weeks, we have tracked nea...
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Investment by the private equity industry dropped in 2017 even though the industry raised record levels of capital last year, according to the American Investment Council’s (AIC) 2017 Q4 Industry In...
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A bill designed to ensure that insurance savings and loan holding companies are regulated by the states, and not federal authorities, was introduced in the U.S. House of Representatives this week. ...
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A policy shift by the Internal Revenue Service (IRS) will help reduce the tax burden on retired military service members. The effort to create this policy was spearheaded by Rep. Juan Vargas (D-CA)...
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A Consumer Financial Protection Bureau (CFPB) report revealed removing civil public records from consumer credit reports had minimal impact on credit scores. Officials said the three nationwide cre...
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Under fire from some banking organizations, advocates for the credit union industry defended the tax-exempt status of credit unions in a letter to Senate Finance Committee Chair Sen. Orrin Hatch (R-UT...
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The Independent Community Bankers of America (ICBA) is requesting that the Senate Finance Committee hold a hearing on the credit union industry’s tax-exempt status. In a letter to committee chair...
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The U.S. Department of the Treasury, in its review of the Orderly Liquidation Authority (OLA), recommended retaining OLA, but under limited circumstances with significant reforms. OLA was establish...
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The Insured Retirement Institute (IRI) has released its 2018 Retirement Security Blueprint, focusing on saving challenges and older investor protections. IRI officials said the guide would assist i...
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A growing number of consumers are opting to make payments using their debit cards instead of credit cards, a new study has found. In the fourth quarter of 2017, 61 percent of consumers said they used...
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A public hearing on the reinsurance collateral provisions of a covered agreement between the United States and the European Union (EU) was held this week by the National Association of Insurance Commi...
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Fourth Corner Credit Union got conditional approval from the Federal Reserve Bank of Kansas City to serve marijuana-related businesses and advocacy groups in Colorado. Now, the Denver-based company...
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The Small Business Administration (SBA) will launch an 18-state road tour with the overarching goal of connecting entrepreneurs to funding sources. Officials said they desire to pair Research and D...
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