The New York Stock Exchange and Intrinsic Exchange Group (IEG) are working together to develop a new class of publicly traded assets called Natural Asset Companies, or NACs. NACs are sustainable e...
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The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury have suspended certain provisions that had been added to the Preferred Stock Purchase Agreements with Fannie Mae and F...
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A group of Republican members of the U.S. House of Representatives have expressed concerns to Congressional leaders and Biden Administration officials about a proposal on Internal Revenue Service (IRS...
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Federal Deposit Insurance Corporation (FDIC) officials said three teams have been selected to help banks meet the needs of unbanked consumers via the agency's Tech Sprint initiative. Goalsetter, NA...
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Securities and Exchange Commission (SEC) filed a complaint against a trio of media companies, alleging illegal unregistered offering of common stock. The SEC recently levied charges against New Yor...
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U.S. Rep. Kevin Brady (R-TX) and U.S. Sen. Mike Crapo (R-ID) recently introduced a bill that would address the tax gap and initiate reforms within the Internal Revenue Service. Their bill, the Tax...
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U.S. Sen. Ron Wyden (D-OR) introduced draft legislation to close loopholes that allow wealthy investors and large corporations to use pass-through entities, primarily partnerships, to avoid paying hig...
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U.S. Rep. Patrick McHenry (R-NC), the top Republican on the House Financial Services Committee, filed a discharge petition to force consideration of the Renter Protection Act, on the House floor. ...
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Insured Retirement Institute (IRI) officials said the organization supports proposed House Ways and Means Committee legislation that would result in small business workers gaining workplace retirement...
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A new report from the Consumer Financial Protection Bureau (CFPB) said the market for college credit cards continued its general declining trend in 2020. The 12th annual college credit card report ...
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National Credit Union Administration (NCUA) financial performance data maintains federally insured credit unions reported net income growth of $11.9 billion in the second quarter of 2021. Officials...
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The Conference of State Bank Supervisors (CSBS) is encouraging state adoption of the Uniform Money Transmission Modernization Act as part of an effort to modernize the state financial regulatory syste...
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A new study from Investment Company Institute (ICI) found that Americans continued to save for retirement through their 401(k) plans despite ongoing COVID-19 pandemic economic stresses. ICI's Defin...
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Intercontinental Exchange, the company that owns the New York Stock Exchange, and human resources company ADP are launching a new service designed to help investors better assess the stability and cre...
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The nationʻs banks had a strong quarter as they generated net income of $70.4 billion in second quarter, an increase of $51.9 billion, or 281 percent, from the second quarter of 2020, according to da...
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The Center for American Progress (CAP) is urging the Securities and Exchange Commission (SEC) to integrate antitrust disclosures into its environmental, social and governance (ESG) regulatory framewor...
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Reps. Dwight Evans (D-PA) and Nikema Williams (D-GA) have introduced legislation they said seeks to advance environmental justice via tax credits for research and other academic programs. The lawma...
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The Federal Housing Finance Agency (FHFA) announced Tuesday that Fannie Mae and Freddie Mac will provide the agency with Equitable Housing Finance Plans by the end of the year. According to the FH...
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The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness released a report this week that examines the impact of a proposed 98 percent tax increase on carried interest capital gains...
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A pair of lawmakers have introduced a measure they said would increase the credit union lending limit, thereby aiding small business loan access. Officials said Reps. Vicente Gonzalez (D-TX) and Br...
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