A group of legislators forwarded correspondence this week to the Consumer Financial Protection Bureau (CFPB) as a means of advocating credit reporting industry reform. U.S. Sens. Brian Schatz (D-HI...
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U.S. Reps. Pete Aguilar (D-CA) and Mark Amodei (R-NV) introduced legislation designed to help homebuyers access higher loan limits on low-interest housing loans. The FHA Fairness Act would increa...
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U.S. Reps. Suzanne Bonamici (D-OR), Lucy McBath (D-GA), and Susan Wild (D-PA) joined U.S. Reps. Emanuel Cleaver (D-MO), Danny Davis (D-IL), and Alan Lowenthal (D-CA) in presenting the Student Loan...
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A recently released American Bankers Association (ABA) report examines various barriers justice system-involved individuals encounter when attempting to access the financial system after completing th...
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A bill was introduced in the House this week that would make several enhancements to the U.S. retirement system to help workers better plan and save for retirement. The Retirement Improvement and S...
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A National Association of Insurance Commissioners (NAIC) report maintains findings determined a correlation between cyberthreats and increased insurance premiums. The Cyber Insurance analysis was g...
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Senate Finance Committee Republicans have forwarded correspondence to President Joe Biden, urging the administration to initiate increased Indo-Pacific trade activity. U.S. Sen. Ben Sasse (R-NE) jo...
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U.S. Sens. Amy Klobuchar (D-MN) and Tom Cotton (R-AR) introduced legislation designed to make it more difficult for dominant online platforms to make acquisitions that hurt competition and eliminate c...
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The U.S. Department of the Treasury took action this week to disrupt criminal ransomware actors and virtual currency exchanges that launder the proceeds of ransomware. “Ransomware groups and cr...
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Leading members of the U.S. House of Representatives released a report this week that examines the state of Hispanic entrepreneurship and businesses ownership in the United States. The report – a...
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U.S. Securities and Exchange Commission (SEC) has approved the Public Company Accounting Oversight Board’s (PCAOB) Rule 6100. Authorities indicated the action addresses a framework for the PCAOB...
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Three legislators forwarded correspondence to the Treasury Department, encouraging the implementation of the Corporate Transparency Act (CTA) to address shell companies. U.S. Reps. Maxine Waters (D...
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A bill was introduced in the U.S. Senate last week that would require the U.S. Securities and Exchange Commission (SEC) to revise its rules on index-linked annuities. The Registration for Index-Li...
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U.S. Rep. Tom Emmer (R-MN) is urging the Federal Housing Finance Agency (FHFA) to reform regulations for home appraisers to reduce the growing backlogs in the homebuying process. “Over the past...
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The Securities and Exchange Commission (SEC) is proposing amendments that seek to update electronic filing requirements. “The proposed amendments are intended to modernize and increase the effic...
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U.S. Sen. John Kennedy (R-LA) introduced a bill designed to aid natural disaster victims in securing tax deductions. The Claiming Losses After Disasters Act would enable victims from a major federa...
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U.S. Reps. John Larson (D-CT) and Raúl Grijalva (D-AZ) introduced legislation to prevent the federal government from garnishing Social Security benefits to repay all non-tax federal debt, such as stu...
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U.S. Reps. Young Kim (R-CA) and Jason Crow (D-CO) recently applauded the House of Representatives' advancement of their legislation, which seeks to bolster small business cybersecurity capabilities. ...
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Federal Deposit Insurance Corporation (FDIC) officials said the agency's creation of the Office of Minority and Community Development Banking would aid efforts to foster mission-driven banks. FDIC...
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U.S. Reps. Tom Emmer (R-MN) and Darren Soto (D-FL) are asking Securities and Exchange Commission (SEC) Chairman Gary Gensler why the SEC is allowing an exchange-traded fund (ETF) based on derivatives ...
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