Recently released Investment Company Institute (ICI) study findings maintain over 75 percent of Americans expressed confidence in defined contribution (DC) accounts to aid in meeting retirement goals....
Read More
Legislation that will increase opportunities for people to participate in employer-provided retirement plans was introduced in the U.S. House of Representatives this week. The Retirement Enhancemen...
Read More
The Online Lenders Alliance (OLA) has offered input concerning the Consumer Financial Protection Bureau’s (CFPB) intent to revisit portions of the Small Dollar Rule. “We support a well-regulate...
Read More
The Federal Reserve Board approved applications submitted by Regions Bank this week to establish branches in in Georgia, Illinois, Missouri, Tennessee, and Texas. In approving the applications, the F...
Read More
Rep. Maxine Waters (D-CA) has expressed concerns with the Consumer Financial Protection Bureau’s (CFPB) decision to reconsider its rule designed to halt payday loan abuses. The CFPB is proposing ...
Read More
The Federal Reserve Board finalized changes to increase the transparency of its stress testing program for the nation's largest banks. The changes are designed to improve public understanding of t...
Read More
Credit Union National Association (CUNA) officials are reaffirming advocacy of a national data security framework, maintaining data security and privacy must be a national security priority. CUNA i...
Read More
Changes in the standards for bank loans to businesses and households over the past three months were revealed in the January 2019 Senior Loan Officer Opinion Survey on Bank Lending Practices. Respo...
Read More
The J.D. Power 2019 U.S. Retail Banking Advice Study maintains big banks are outpacing regional banks concerning financial advice. The survey, which is now in its second year, measures retail banki...
Read More
Senate Banking Committee Chairman Mike Crapo (R-ID) introduced an outline for housing finance reform legislation that includes reforms of Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac, alo...
Read More
Rep. Bob Latta (R-OH) introduced last week legislation targeting increased senior access to health savings accounts (HSAs). The Stop Penalizing Working Seniors Act seeks to expand HSA access while ...
Read More
Legal counsel from the American Property Casualty Insurance Association (APCIA) testified this week on negotiating objectives for a U.S.-U.K. trade agreement. “APCIA expresses strong support for ...
Read More
An American Institute of CPAs (AICPA) released report encourages finance industry professionals to bolster their skills to account for the impact of artificial intelligence, robotic process automation...
Read More
Leaders of the Senate Finance Committee wrote to Treasury Secretary Steven Mnuchin to express concerns over foreign countries establishing digital services taxes on U.S.-based multinational companies....
Read More
The American Institute of CPAs (AICPA) forwarded correspondence Tuesday to the Department of the Treasury and Internal Revenue Service (IRS), seeking taxpayer penalty relief regarding withholding adju...
Read More