The National Venture Capital Association (NVCA) expressed strong support for a bill introduced in the Senate this week to increase investment in emerging technologies. The Endless Frontier Act, sp...
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House Financial Services Committee Republicans have released a staff report outlining recommendations to fully utilize financial innovation for greater inclusivity. The Committee’s Task Forces on...
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The Consumer Financial Protection Bureau (CFPB) has issued an interim final rule supporting the Centers for Disease Control and Prevention (CDC)’s eviction moratorium. The agency's guidance requ...
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The U.S. House of Representatives passed legislation to create a Senior Investor Taskforce within the Securities and Exchange Commission (SEC) to strengthen protections and safeguards for senior inves...
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A group of Senate Democrats introduced a bill that seeks to expand women entrepreneurs’ access to capital through two proposed tax incentives. The Providing Real Opportunities for Growth to Risi...
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The Independent Community Bankers of America (ICBA) has outlined its legislative and regulatory priorities, with officials noting the effort would assist local lenders in meeting the needs of local co...
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The U.S. House of Representatives has passed several financial services bills to bolster transparency, literacy, and fair debt collection. Included in the advanced measures is the Eliminate Barrier...
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U.S. Rep. Andy Barr (R-KY) on Friday introduced legislation he said would “kickstart the economic recovery in underserved areas” by relaxing regulation hindering new bank charters. The “Prom...
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The House of Representatives advanced this week the SAFE Banking Act of 2021. The measure, authored by Rep. Ed Perlmutter (D-CO) and sponsored by Reps. Nydia M. Velázquez (D-NY), Steve Stivers (R-...
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Two Republican House leaders are calling for Securities and Exchange Commission (SEC) reforms that include modernizing capital markets, promoting greater transparency, and avoiding mission creep. R...
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Reps. Emanuel Cleaver, II (D-MO) and Ritchie Torres (D-NY) recently introduced legislation designed to address the nation's residential and commercial real estate appraisal industry disparities. Th...
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The Securities and Exchange Commission (SEC) has voted to reopen the comment period regarding proposed rules for the use of universal proxy cards as a means of aiding director elections. The effort...
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The National Credit Union Administration (NCUA) released a report detailing its progress in advancing diversity, equity, and inclusion in its workforce. The NCUA’s Office of Minority and Women I...
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U.S. Reps. French Hill (R-AR) and Chrissy Houlahan (D-PA) introduced legislation in the House last week that seeks to provide some additional relief for small businesses. The Paycheck Protection P...
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Securities and Exchange Commission (SEC) officials said joint whistleblowers have been awarded over $50 million for alerting agency staff to violations difficult to detect without their information. ...
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Reps. Vern Buchanan (R-FL) and Ted Deutch (D-FL) are commending the House of Representatives' passage of a measure designed to protect seniors from fraudulent scams. The Seniors Fraud Protection Ac...
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U.S. Sens. Elizabeth Warren (D-MA) and Tina Smith (D-MN) are urging the Department of Labor not to give financial firm Goldman Sachs an exemption from Employee Benefits Security Administration (EBSA) ...
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During a recent hearing focusing on affordable housing federal funding, the House Financial Services Committee examined a proposed measure that a lawmaker said would multiply existing funding fivefold...
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Sens. Sherrod Brown (D-OH) and Marco Rubio (R-FL) reintroduced a measure designed to protect small businesses from predatory lenders. The Small Business Lending Fairness Act codifies the Federal Tr...
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The Investment Company Institute issued a statement on the Securities and Exchange Commission’s request for comments on potential options for money market fund reforms, as detailed in the President...
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