Rep. Maxine Waters (D-CA), House Financial Services Committee chairwoman, has forwarded correspondence supporting Financial Crimes Enforcement Network (FinCEN) supplemental funding. Waters sent th...
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The Consumer Bankers Association (CBA) has outlined a series of reforms the organization said reduces student debt while also protecting borrowers. According to the CBA, initiatives include reining...
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The Federal Deposit Insurance Corporation (FDIC) formed a strategic partnership with Duke University’s Pratt School of Engineering to support technological innovation in the banking and financial se...
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The Public Company Accounting Oversight Board (PCAOB) renewed its cooperative agreement with the Haut Conseil du Commissariat aux Comptes (H3C) of France. Translated into English, the H3C is the H...
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The Federal Reserve Board is accepting Community Advisory Council (CAC) applications, noting the panel advises on issues impacting consumers and communities while complementing two of the Board's othe...
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A group of lawmakers recently forwarded correspondence to Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo encouraging funding support for minority-owned small businesses. U.S. ...
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The Financial Services Institute (FSI) has launched its national health insurance program, noting the initiative provided a new way for independent financial advisors to obtain ACA-compliant major med...
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In the wake of the COVID-19 pandemic, the Consumer Financial Protection Bureau (CFPB) is considering extending the effective date of two recent debt collection rules. The action seeks to provide af...
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The federal agencies that regulate the banking industry issued a statement related to compliance by banks with the Bank Secrecy Act/Anti-Money Laundering Act. The statement, issued in consultation...
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U.S. Rep. Julia Brownley (D-CA) introduced several bills that seek to deliver tax benefits for homeowners. One is the Mortgage Insurance Tax Deduction Act, which would make the existing deduction...
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Rep. Patrick McHenry (R-NC) has forwarded correspondence to House Financial Services Committee Chairwoman Maxine Waters (D-CA), encouraging the convening of a hearing examining financial fraud. McH...
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The Federal Reserve Board is seeking public input regarding a proposal automating non-merger-related adjustments to member banks' subscriptions to Federal Reserve Bank capital stock. The automatio...
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U.S. Sen. Sherrod Brown (D-OH) is seeking answers from large bank executives about the margin call and market activity connected to Archegos Capital Management. Brown, the chair of the U.S. Senate ...
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Leading House Republicans are urging the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) to adhere to Congressional intent when developing the new beneficial ownership reporting regime...
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The National Association of Federally-Insured Credit Unions (NAFCU) backs an interim final rule from the Federal Reserve Board about temporary asset threshold relief for community financial institutio...
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The Independent Community Bankers of America (ICBA) is among several groups calling on the Treasury Department and Federal Housing Finance Agency to delay and withdraw new restrictions on Fannie Mae a...
Read MoreThe American Property Casualty Insurance Association (APCIA) is pursuing legal action in response to emergency regulations filed by Washington state officials banning credit-based insurance scores in ...
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The American Council of Life Insurers (ACLI) is supporting Nebraska state measures providing citizens statewide with enhanced consumer protections when buying annuities. Officials said Nebraska Go...
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The National Association of Federally-Insured Credit Unions (NAFCU) is among a group of industry organizations that are expressing concern about recent amendments to the government-sponsored enterpris...
Read MoreU.S. Rep. Maxine Waters (D-CA) and U.S. Sen. Mark Warner (D-VA) recently spearheaded the initial Community Development Finance Advisory Group session, which targets public policies supporting minority...
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