A group of lawmakers recently introduced legislation designed to enhance Internal Revenue Service (IRS) taxpayer assistance by prioritizing taxpayers over representational work during tax filing seaso...
Read More
U.S. Rep. Gregory Meeks (D-NY) applauded a recent change to how the Federal Housing Administration (FHA) calculates the student loan debt of potential homebuyers pursuing FHA’s single-family insuran...
Read More
U.S. Sen. Sherrod Brown (D-OH) commended the Federal Housing Administration (FHA) for providing more access to affordable single-family FHA-insured mortgage financing for individuals with student loan...
Read More
Rep. Mike Thompson (D-CA) is espousing the benefits of the recently introduced Disaster Tax Relief Act of 2021, which uses the tax code as relief for survivors of natural disasters. Per Thompson, t...
Read More
Mortgage Bankers Association (MBA) officials said the organization supports the Black Homeownership Collaborative's (BHC) plan to close the Black homeownership gap via its seven-point plan. The BHC...
Read More
U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) introduced a bill to provide incentives for manufacturers in the U.S. semiconductor industry. The share of global semiconductor production in the ...
Read More
A group of pharmacy and healthcare organizations, among others, are urging Congress to pass legislation that would halt what they say are the abuse of pharmacy price concessions charged by third-party...
Read More
Consumer Financial Protection Bureau (CFPB) officials said the agency will resume Military Lending Act (MLA)-related examination activities as a means of addressing risks to active duty servicemembers...
Read More
U.S. Rep. Patrick McHenry (R-NC) introduced a bill that seeks to protect renters who could face eviction when the national eviction moratorium expires this month. The bill, the Renter Protection Ac...
Read More
A new report from the Consumer Financial Protection Bureau (CFPB) examines differences in lending patterns created by the Home Mortgage Disclosure Act (HMDA) rule. Specifically, the report detailed...
Read More
House Committee on Financial Services Chair Maxine Waters (D-CA) said she has organized a Digital Assets Working Group of Democrats to target cryptocurrency and digital asset innovation. “As cryp...
Read More
Federal Deposit Insurance Corporation (FDIC) officials are espousing the benefits of an initiative designed to expand new technologies and techniques to bolster bank capabilities in addressing unbanke...
Read More
The U.S. Department of the Treasury awarded Tuesday COVID-19 relief funds to 863 community development financial institutions (CDFIs) this week. The awards, made through the Treasury’s CDFI Rapi...
Read More
The Financial Industry Regulatory Authority (FINRA), the U.S. Securities and Exchange Commission (SEC), and the North American Securities Administrators Association (NASAA) have developed a new resour...
Read More
Advocates of the newly formed Initiative on Climate Risk and Resilience Law (ICRRL) are advocating the Securities and Exchange Commission (SEC) bolster climate change protections with the finance indu...
Read More
The Federal Deposit Insurance Corporation's (FDIC) Board of Directors (FDIC) has approved a final Minority Depository Institutions (MDIs) Statement of Policy, noting the action bolsters preservation a...
Read More
U.S. Sens. Mike Lee (R-UT) and Chuck Grassley (R-IA) introduced legislation that seeks to reform the nation’s antitrust laws. Their bill, the Tougher Enforcement Against Monopolies, or TEAM Act, ...
Read More
Members of the House Financial Services Committee are urging U.S. Securities and Exchange Commission Chair Gary Gensler to revert his decision to reconsider rules governing proxy voting advice firms. ...
Read MoreU.S. Sen. Bill Cassidy (R-LA) and Senate Finance Committee Republicans are seeking an investigation regarding what they deemed an apparent IRS taxpayer information leak. The lawmakers have forwarde...
Read More
U.S. Reps. Kurt Schrader (D-OR), Carolyn Bourdeaux (D-GA), and Ed Case (D-HI) recently forwarded correspondence to Speaker of the House Nancy Pelosi (D-CA) advocating fiscal responsibility in response...
Read More