U.S. Sen. John Kennedy (R-LA) is touting the potential benefits of a measure he introduced that focuses on aiding small business owners in gaining access to merger and acquisition (M&A) brokers. Ke...
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More than $8.7 billion in investments will be deployed through the Emergency Capital Investment Program (ECIP) to increase lending to small and minority-owned businesses and low- and moderate-income c...
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A new report from the Joint Economic Committee details how the monthly Child Tax Credit (CTC) payments have reduced childhood poverty and improved family finances in its first six months. The CTC p...
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A MetLife and U.S. Chamber of Commerce Small Business Index report has determined that small business owner optimism is on the rise regarding hiring and investment plans. A pandemic-era high score ...
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Two U.S. senators have forwarded correspondence to a trio of government agencies, advocating for more resources for minority-owned financial institutions. Sens. Sherrod Brown (D-OH), chairman of th...
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The Financial Industry Regulatory Authority (FINRA) reached settlements with six member investment firms to pay restitution to customers over unit investment trust (UIT) early rollovers. All of th...
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The U.S. Government Accountability Office (GAO) released a report outlining the need for better information sharing and collaboration to combat trade-based money laundering (TBML). TBML is the syst...
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A pair of lawmakers have introduced a measure they said creates a new grant program for nonprofits, business districts and Main Street organizations via the Economic Development Administration (EDA). ...
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A group of Republican senators are urging the U.S. Department of Labor (DOL) to withdraw a recent proposal that allows asset managers to promote environmental, social, and governance (ESG) objectives ...
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Sen. Elizabeth Warren (D-MA) has forwarded correspondence to the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) officials, seeking a Facebook investigation regarding potentia...
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The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation released its 2021 Annual Report on the state of small business in America. The report details...
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U.S. Sens. Jim Risch (R-ID) and John Hickenlooper (D-CO) introduced legislation to improve the disaster loan application process and combat fraud. The Streamlining EIDL Act to improve the Economic ...
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The U.S. House of Representatives House passed the Adjustable Interest Rate (LIBOR) Act – a bill that protects an estimated $16 trillion in assets when the London Interbank Offered Rate (LIBOR) is d...
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The Financial Crimes Enforcement Network (FinCEN) has issued a Notice of Proposed Rulemaking (NPRM) regarding beneficial ownership information reporting provisions via the Corporate Transparency Act (...
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The House of Representatives Joint Economic Committee (JEC) recently released a report detailing the dire financial circumstances for families, communities and businesses amid climate change inaction....
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The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that facilitates the transition away from the LIBOR interest rate index for consumer financial products. The new rule est...
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U.S. Reps. Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, and Joyce Beatty (D-OH), chair of the Subcommittee on Diversity and Inclusion, released a report on diversity and...
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U.S. Reps. Scott Franklin (R-FL) and James Comer (R-KY) are looking for an update from the Justice Department on its efforts to pursue COVID-19 relief stolen by transnational and state-sponsored organ...
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The Office of the Comptroller of the Currency (OCC) has released findings from a report examining the COVID-19 pandemic's impact on the federal banking industry. The OCC's Semiannual Risk Perspecti...
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U.S. Sen. Elizabeth Warren (D-MA) joined U.S. Reps. Joaquin Castro (D-TX), David Cicilline (D-RI), Pramila Jayapal (D-WA), and 29 colleagues in sending the letter to U.S. Attorney General Merrick B. G...
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