Republican leaders in the Minnesota House of Representatives are urging Gov. Tim Walz to provide relief for businesses from upcoming unemployment insurance payroll tax increases. Due to the unpre...
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A group of Democratic lawmakers, including Rep. Dan Kildee (D-MI), chief deputy whip of the House Democratic Caucus, are urging Congress to fully fund the U.S. Department of Housing and Urban Developm...
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Securities and Exchange Commission (SEC) officials have detailed a settlement agreement the agency has established with oilfield services company ProPetro Holding Corp. and its founder and former CEO ...
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The Office of the Comptroller of the Currency (OCC) is requiring national banks and federal savings associations to demonstrate that they have adequate controls in place before they can engage in cert...
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U.S. Sen. Sherrod Brown (D-OH) has forwarded correspondence to stablecoin issuers and exchanges, seeking insight regarding efforts to protect consumers and investors. Brown sent letters to Circle, ...
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The Credit Union National Association (CUNA) is offering support to a measure the organization said would prevent direct Small Business Administration (SBA) 7(a) loan program lending. The CUNA note...
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Federal bank regulatory agencies – including the Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency – issued a joint statement on their wor...
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A group of Democratic senators sent an inquiry to student loan servicing company, Maximus, which has a federal contract with the U.S. Department of Education (ED). Maximus assumed the federal contr...
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The U.S. Treasury Department has reached an agreement with Turkey regarding transitioning from the existing Turkish Digital Services Tax to a new multilateral solution. The agreement was establishe...
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Mortgage Bankers Association (MBA) officials have detailed the membership of its 2022 Affordable Rental Housing Advisory Council, which provides input regarding affordable rental housing and homeowner...
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Two Republican congressmen are urging the Biden administration's Council on Environmental Quality not to reinstate certain proposed National Environmental Policy Act (NEPA) regulations. The propos...
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Last week, President Joe Biden nominated Jerome Powell for a second term as chair of the Board of Governors of the Federal Reserve System. The White House praised Powell for his leadership during t...
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Independent Community Bankers of America (ICBA) officials are touting the benefits of the recently launched BankTech Ventures Investment Fund, noting the endeavor would maximize efficiencies and expan...
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The U.S. Securities and Exchange Commission (SEC) recently announced that Haoxiang Zhu has been appointed as the agency's Division of Trading and Markets Director post. Additionally, David Saltiel ...
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U.S. Reps. Marie Newman (D-IL) and Don Beyer (D-VA), chair of the Joint Economic Committee, released the Worker’s Economy Report for the third quarter, which details economic growth over the past th...
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SIFMA, a trade association for broker-dealers, investment banks, and asset managers, completed its global, industrywide Quantum Dawn VI cybersecurity exercise on Nov. 18. The goal of the Quantum Da...
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The Federal Reserve Board said federal bank regulatory agencies have approved a final rule that seeks to improve information sharing regarding banking system cyber incidents. Final rule compliance...
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A bipartisan bill introduced in the U.S. House of Representatives addresses the digital asset reporting provisions in the Infrastructure Investment and Jobs Act to provide more clarity to technology i...
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The U.S. Securities and Exchange Commission (SEC) has published a proposed rule requiring securities lenders to provide material terms of transactions to a registered national securities association. ...
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A recently released National Association of Insurance Commissioners (NAIC) report details state insurance regulators' efforts to manage climate-related risks while also promoting resiliency. The r...
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