Members of the Senate Banking Committee commended the Commodity Futures Trading Commission (CFTC) for holding a public meeting on climate-related financial risks. “Climate change impacts are like...
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The Business Roundtable’s Q2 2019 CEO Economic Outlook Index has determined CEO expectations for sales and plans for capital spending over the next six months are healthy but decreased. “The se...
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U.S. Rep. Blaine Luetkemeyer (R-MO) voiced his support for legislation that would delay the implementation of the Financial Accounting Standards Board’s (FASB) Current Expected Credit Loss (CECL) st...
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Consumer Financial Protection Bureau (CFPB) officials said the Dodd-Frank Act’s prohibition on abusive acts or practices would be the prime focus of its first symposium on June 25. The effort is ...
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U.S. Sen. Rob Portman (R-OH) applauded the passage of a bill by the U.S. House of Representatives that would implement certain reforms to the Internal Revenue Service. The Taxpayer First Act includ...
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Sens. Susan Collins (R-ME) and Kyrsten Sinema (D-AZ) recently introduced legislation designed to create a task force focused on protecting seniors from fraud, financial crimes, and scammers. The Se...
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Sens. Bill Cassidy (R-LA) and John Kennedy (R-LA) released statements last week maintaining that the House Financial Services Committee legislation extension of the National Flood Insurance Program (N...
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A group of U.S. Senators recently called on Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger to reverse a proposed rule that would allow debt collection companies to send unlimited...
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The Financial Stability Board (FSB) published a report that looks at the financial stability, regulatory and governance implications of the use of decentralized financial technologies. Specifically...
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The House Financial Services Subcommittee on Diversity and Inclusion has forwarded correspondence to over three dozen financial institutions to request diversity and inclusion data and policies. Re...
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A newly released KPMG report has determined chief executives are confident in the growth prospects of domestic and global economies over the next three years. “U.S. CEOs are highly confident and ...
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A newly released CDP Financial study maintains worldwide companies representing nearly $17 trillion in market capitalization have valued the climate risks to their businesses at almost $1 trillion. ...
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The Securities and Exchange Commission (SEC) adopted Regulation Best Interest and other rules designed to enhance the quality and transparency of investors’ relationships with their advisers and bro...
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Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams is encouraging regulatory agencies to foster better relationships between banks and their communities. “The role of regulator...
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The Securities and Exchange Commission (SEC) is launching two new initiatives designed to protect retail investors. They are the Teachers’ Initiative and the Military Service Members’ Initiativ...
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The American Bankers Association (ABA) recently added nine institutions to the ABA NASDAQ Community Bank Index (ABAQ), increasing the index to include a total of 328 community banks with $255 billion ...
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The Commodity Futures Trading Commission’s Market Risk Advisory Committee (MRAC) will hold a meeting to discuss climate-related financial risks. The meeting, which will be held on June 12 at CF...
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The call blocking declaratory ruling and notice of proposed rulemaking (NPRM) were among the topics the American Financial Services Association (AFSA) recently engaged the Federal Communications Commi...
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The Financial Stability Board (FSB) published a progress report on the implementation of its plan to address the decline in correspondent banking relationships. The report cites the decline in the ...
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The National Association of Professional Insurance Agents (PIA National) supports the House of Representatives effort to extend the National Flood Insurance Program (NFIP) for two weeks ending June 14...
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