The Securities and Exchange Commission (SEC) named Ernesto Lanza as its acting director of the Office of Municipal Securities (OMS). Lanza replaces Rebecca Olsen, who was named deputy chief for th...
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The National Association of Federally-Insured Credit Unions (NAFCU) is urging the Federal Housing Finance Agency (FHFA) to assist the government-sponsored enterprises (GSEs) in increasing opportunitie...
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In advance of a June 6-7, 2022, meeting, the Office of the Comptroller of the Currency (OCC) has indicated the agency is soliciting climate risk academic papers and research information. The submis...
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Department of the Treasury officials said the agency would contribute to the updated National Action Plan (NAP) to Combat Human Trafficking and play a role in countering the abuse. The NAP offers ...
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National Association of Federally-Insured Credit Unions (NAFCU) officials expressed concerns to Senate leaders about the proposed Internal Revenue Service (IRS) reporting requirements. The proposed...
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The Securities and Exchange Commission (SEC) last week adopted rules finalizing amendments regarding implementation of submission and disclosure requirements in the Holding Foreign Companies Accountab...
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The Credit Union National Association (CUNA) is among several industry groups calling on Senate leaders to include the Secure and Fair Enforcement (SAFE) Banking Act to the Senate National Defense Aut...
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An American Institute of Certified Public Accountants (AICPA) survey has determined inflation fears and a challenging hiring environment continue to impact domestic economic optimism. AICPA officia...
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A new report by leading securities industry organizations targets the first half of 2024 to shorten the U.S. securities settlement cycle from trade date plus two days (T+2) to trade date plus one day ...
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Consumer Financial Protection Bureau (CFPB) officials said a report generated by the organization determined banks continue to rely heavily on overdraft and non-sufficient funds (NSF) revenue. NSF ...
Read MoreU.S. Reps. Ron Kind (D-WI) and Vern Buchanan (R-FL) recently introduced the Middle Class Mortgage Insurance Premium Act of 2021, which seeks to expand mortgage insurance premium payment eligibility an...
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Federal Reserve Board, along with the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency, announced new thresholds for exempting loans from special appraisal...
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U.S. Reps. Patrick McHenry (R-NC) and Bill Huizenga (R-MI) are urging House Financial Services Committee Chair Maxine Waters (D-CA) to investigate recent changes to the Public Company Accounting Overs...
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The Consumer Bankers Association (CBA) will continue to oppose proposed legislation imposing a cap on interest rates, which it maintains would limit consumers’ credit access. The CBA has indicate...
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U.S. Sen. Jacky Rosen (D-NV) is among a group of Senators urging members of the House and Senate Armed Services Committees to keep the Secure and Fair Enforcement (SAFE) Banking Act in the National De...
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The Federal Housing Finance Agency (FHFA) House Price Index (HPI) determined third-quarter domestic house prices increased 18.5 percent from the same time frame from 2020 to 2021. Additionally, the...
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U.S. Reps. Maxine Waters (D-CA) and Bill Foster (D-IL) are urging federal financial regulators to ensure that advanced technologies like artificial intelligence (AI) do not create an algorithmic bias ...
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The Treasury Department has detailed the most recent numbers for Emergency Rental Assistance (ERA) program disbursements, noting state and local governments helped over 521,000 renters and landlords i...
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