Two banking industry organizations, the Bank Policy Institute (BPI) and Independent Community Bankers of America (ICBA), are urging the Federal Reserve to strengthen proposed guidelines for evaluating...
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A recently released National Association of Federally-Insured Credit Unions (NAFCU) Macro Data Flash report determined total consumer credit increased 10 percent in May. Additionally, the analysis ...
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A recent ICE Mortgage Technology report has determined the percentage of purchase activity to total closed loans among millenials has risen over the last three months. The firm's Millennial Tracker...
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U.S. Rep. Don Beyer (D-VA), chair of the U.S. Congress Joint Economic Committee (JEC), called President Joe Biden’s executive order on Promoting Competition in the American Economy a good step for t...
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U.S. Sen. Patty Murray (D-WA) recently led 22 of her colleagues in urging the U.S. Department of Education to expand its student debt relief loan repayment and forgiveness program initiatives. The ...
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Rep. Carolyn B. Maloney (D-NY) has introduced last week legislation designed to aid consumers by establishing equitable practices for overdraft coverage programs. The Overdraft Protection Act of 20...
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U.S. Sen. Mike Crapo (R-ID) and U.S. Rep. Kevin Brady (R-TX) outlined their concerns about the Organisation for Economic Co-operation and Developmentʻs (OECD) tax digitization project leading up to T...
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U.S. Sen. Elizabeth Warren (D-MA) is seeking information from the Securities and Exchange Commission (SEC) on its authority to regulate cryptocurrency exchanges. In a letter to SEC Chair Gary Gensl...
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According to the Conference of State Bank Supervisors (CSBS) 2021 Community Bank Sentiment Index (CBSI), community bankers continue to reflect a positive economic outlook regarding future financial co...
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The American Institute of CPAs (AICPA) has submitted recommendations to the Internal Revenue Service (IRS) regarding efforts to enhance the administrative adjustment request (AAR) process. The prop...
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The U.S. Securities and Exchange Commission (SEC) has charged Parallax Health Sciences, alleging that the company made misleading statements about its efforts to fight COVID-19. Parallax’s CEO ...
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The American Property Casualty Insurance Association (APCIA) recently adopted its Principles of Good Insurance Regulation. These principles support a regulatory environment that meets the needs of ...
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The Conference of State Bank Supervisors (CSBS) is encouraging the U.S. Department of Education to rescind policies impeding state regulation of federal student loan servicers and debt collectors. ...
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A recently released National Association of Federally Insured Credit Unions (NAFCU) report determined June vehicle sales decreased from 17 million annualized units to 15.4 million. "Vehicle sales t...
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A new report by the Mortgage Bankers Association (MBA) found that the total number of loans now in forbearance decreased in the past week. MBA’s Forbearance and Call Volume Survey revealed that t...
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The U.S. Bureau of Labor Statistics reported that 850,000 jobs were created in June with notable job gains in leisure and hospitality, public and private education, professional and business services,...
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National Association of Federally Insured Credit Unions (NAFCU) officials said the organization has joined other trade organizations in assessing the Uniform Law Commission's Uniform Personal Data Pro...
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The Credit Union National Association's (CUNA) Small Credit Union Committee has released findings from a report detailing the current status of small credit unions. The CUNA Small Credit Union Comm...
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Intercontinental Exchange, Inc. (ICE) reported record growth in its North American environmental complex as an increasing number of participants use these markets to price and manage climate risk. ...
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The National Association of Federally-Insured Credit Unions (NAFCU) provided federal financial regulators with information on how credit unions use artificial intelligence (AI). In a letter to the...
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