U.S. Reps. Tim Walberg (R-MI), Michael C. Burgess (R-TX), Rick Allen (R-GA), and Virginia Foxx (R-NC) introduced Tuesday the Association Health Plans Act of 2021, which would expand small business hea...
Read More
The Securities and Exchange Commission took action against UBS Financial Services for compliance failures relating to sales of a volatility linked exchange-traded product (ETP). The ETP at issue...
Read More
U.S. Rep. Steven Horsford (D-NV) introduced legislation that seeks to provide tax relief for people who win consumer protection lawsuits. The End Double Taxation of Successful Consumer Claims Act ...
Read More
U.S. Sens. Mark R. Warner (D-VA, Mike Braun (R-IN), John Hickenlooper (D-CO), and Elizabeth Warren (D-MA) recently introduced legislation that would enable the "reverse transferring" of college credit...
Read More
The American Bankers Association (ABA) recently announced that Washington Federal Bank President and CEO Brent Beardall has been appointed chairman of the organization's American Bankers Council. B...
Read More
Bank Policy Institute (BPI) and Consumer Bankers Association (CBA) personnel expressed favoring banks providing digital-assets products and services in response to the Federal Deposit Insurance Corpor...
Read More
Findings from a recently released study conducted by the Investment Company Institute (ICI) and BrightScope showed employer contributions to be common in 401(k) plans. "The BrightScope/ICI Defined ...
Read More
Both Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries effective Aug. 1, according to the Federal Housing Finance Agency (FHFA). This means that the len...
Read More
U.S. Sens. Tom Carper (D-DE) and Susan Collins (R-ME) introduced legislation that would provide states with more flexibility regarding federal unemployment insurance benefits. The Workforce Support...
Read More
U.S. Rep. Maxine Waters (D-CA), chair of the House Committee on Financial Services, commended President Joe Biden for his executive order encouraging regulators and the Department of Justice to examin...
Read More
U.S. Rep. Carolyn B. Maloney (D-NY) and Sen. Chris Van Hollen (D-MD) have reintroduced a measure they said seeks to address an existing loophole enabling corporate executives to trade before the infor...
Read More
An American Property Casualty Insurance Association (APCIA) report maintains the combination of building supply shortages and supply chain concerns will compound challenges derived from storm and wild...
Read More
The Republicans on the House Financial Services Committee outlined their priorities for the Office of the Comptroller of the Currency (OCC) in a letter to Michael Hsu, acting head of the OCC. The R...
Read More
U.S. Sens. Tim Scott (R-SC) and Jeanne Shaheen (D-NH) introduced Wednesday legislation designed to help businesses owned by seniors. The Golden-preneurship Act creates a new “Golden Entrepreneurs...
Read More
U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI), members of the Senate Committee on Finance, are requesting an investigation into a report alleging the wealthiest individuals use lega...
Read More
TIAA-CREF Individual & Institutional Services (TC Services) was hit with a $97 million penalty by the Securities and Exchange Commission (SEC) for inaccurate and misleading statements related to emplo...
Read More
The federal bank regulatory agencies are seeking public comment on proposed guidance to help banks manage risks associated with third-party relationships, including financial technology companies. ...
Read More
U.S. Sens. Susan Collins (R-ME) and Jack Reed (D-RI) recently introduced the Partnerships for Affordability and Student Success (PASS) Act as a means of making higher education more affordable, access...
Read More
According to a recent report by PitchBook and the National Venture Capital Association (NVCA), venture capital activity increased across the ecosystem during the first half of the year. The PitchBo...
Read More
U.S. Rep Tom Suozzi (D-NY) recently introduced legislation designed to help elderly Americans and their families finance long-term care. The Well-Being Insurance for Seniors to be at Home (WISH) Ac...
Read More