The Bank Policy Institute (BPI), a nonpartisan public policy, research and advocacy group representing banks and their customers, issued a statement this week on consumer data security in advance of a...
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The U.S. Department of the Treasury took action this week seeking to disrupt criminal networks and virtual currency exchanges responsible for ransomware attacks. The Treasury’s actions are part o...
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Senate Finance Committee Ranking Member Ron Wyden (D-OR) said the recent allocation of state Medicaid program planning grants would aid those suffering from mental health and substance use crises. ...
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CME Group, which runs several leading derivatives exchanges, announced the launch of the derivatives industry's first-ever Sustainable Clearing service on Sept. 27. This new service will help marke...
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The Mortgage Bankers Association (MBA) has introduced a new policy initiative seeking to reduce the racial homeownership gap. The MBAʻs Building Generational Wealth Through Homeownership would pro...
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Federal financial regulators opened registration for the 2021 Compliance Outreach Program for Municipal Advisors this week. This virtual program will be held Thursday, Oct. 7 from 10 a.m. to 5 p.m...
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More than 40 leading financial and banking industry groups are urging Congress not to move forward with a proposal that would establish an expanded new tax information reporting regime. The proposa...
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The American Property Casualty Insurance Association (APCIA) maintains its recently composed white paper attributes increased claims costs and delays to rising auto accident frequency and auto insuran...
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The Consumer Financial Protection Bureau (CFPB) said the ending of COVID-19 pandemic federal and state relief programs could result in millions of renters suffering previously avoided economic harms. ...
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U.S. Sen. Elizabeth Warren (D-MA) is calling on the 12 regional presidents of the Federal Reserve to adopt stricter ethics rules that prohibit individual stock trading by them and their staff. Thi...
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The Federal Deposit Insurance Corp. (FDIC) is launching a new capital investment vehicle, the Mission-Driven Bank Fund, to support insured Minority Depository Institutions (MDIs) and Community Develop...
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The Securities and Exchange Commission (SEC) has charged a San Diego County-based school district and its former chief financial officer with misleading investors who purchased $28 million in municipa...
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A pair of lawmakers are slated to reintroduce a measure they said seeks to create a voluntary option with regard to paid parental leave. Sens. Marco Rubio (R-FL) and Mitt Romney (R-UT) maintain the...
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The Independent Community Bankers of America (ICBA) has voiced its opposition to proposed changes to the Small Business Administration’s 7(a) loan program. On Sept. 9, the U.S. House Small Busine...
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In commemoration of National Hispanic Heritage Month, a recently released Congressional Hispanic Caucus (CHC) and the U.S. Congress Joint Economic Committee (JEC) report details Hispanic workers' cont...
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According to the Tax Foundation, the proposed corporate tax increase included in the Build Back Better Act, which was advanced by the U.S. House Ways and Means Committee this week, is higher than it m...
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A new report from the U.S. Department of Treasury says the child care market in the United States causes undue burden on American families due to high cost and insufficient supply. The report bols...
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Survey findings from FMI, the Food Industry Association, determined 95 percent of food retailers with e-commerce options experienced online sales increases in 2020 due to pandemic-related changes in c...
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The City and County of Denver has been awarded Social Impact Partnership to Pay for Results Act (SIPPRA) Project grant funds to address homelessness and housing insecurity. Authorities indicated th...
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Rep. Uifa’atali Amata (R-American Samoa) is touting the potential benefits of a budget reconciliation bill she said would provide American Samoa businesses with new tax credits. Amata indicated...
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