The U.S. House of Representatives passed legislation designed to increase retirement savings for Americans. Specifically, the Securing a Strong Retirement Act of 2022 expands automatic enrollment ...
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U.S. Rep. Stephen Lynch (D-MA) introduced a bill that would develop an electronic version of the U.S. Dollar for use by the American public. The Electronic Currency and Secure Hardware (ECASH) A...
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New Jersey State Senate President Nick Scutari (D-Dist. 22) is forming a special legislative committee he said would review legal marijuana sales delays. “These delays are totally unacceptable,...
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A recent Consumer Financial Protection Bureau (CFPB) report found that credit card companies assessed late fees totaling $12 billion in 2020. “Many credit card issuers have made late fee penalti...
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A survey commissioned by blockchain industry solutions firm StarkWare Industries found that most American consumers believe cryptocurrency represents the future of finance. "This poll shows how wid...
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The U.S. Securities and Exchange Commission (SEC) proposed new rules that would require certain entities – including market trading firms and liquidity providers -- to register with the SEC as “de...
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U.S. Sen. Ron Wyden (D-OR) continues his probe of the Opportunity Zone program to see if it has achieved the intended goals of encouraging investment and creating jobs in low-income communities. Th...
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Smart Approaches to Marijuana (SAM) officials said the organization supports President Joe Biden's recently released budget rejecting varied methods of marijuana commercialization. “The budget do...
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New Mexico state officials said two intergovernmental agreements (IGAs) have been established to support pueblos participating in the recreational cannabis industry. New Mexico Gov. Michelle Lujan ...
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U.S. Sens. Raphael Warnock (D-GA) and Sherrod Brown (D-OH) sent letters urging major banks to lower or fully eliminate their overdraft fees. The letters were sent to the CEOs of Charles Schwab, JP...
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The Federal Deposit Insurance Corporation (FDIC) is seeking comment and feedback on the effectiveness of current rules and regulations related to bank mergers. Specifically, the request for informa...
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Michigan Department of Treasury officials said over $42.2 million will be distributed to 163 municipalities and counties in accordance with the Michigan Regulation and Taxation of Marijuana Act. "T...
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U.S. Sens. Dianne Feinstein (D-CA), Chuck Grassley (R-IA), and Brian Schatz (D-HI) recently touted the benefits of the Senate's passage of legislation expanding scientific and medical research on mari...
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The National Association of Federally-Insured Credit Unions' (NAFCU) Digital Assets Working Group recently conducted its first session, discussing credit union exploration of digital assets and relate...
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U.S. Sen. Mike Rounds (R-SD) introduced legislation that would encourage more investment by venture capital firms. The Developing and Empowering our Aspiring Leaders (DEAL) Act would direct the Se...
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U.S. Rep. Maxine Waters (D-CA) is seeking information from various trade associations seeking information on what actions financial institutions and businesses have cut ties to Russia and businesses t...
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Cannabis regulatory system provider Metrc has established a contract with the state of South Dakota to support the state's medical cannabis market regulation efforts. "As South Dakota continues to ...
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A group of lawmakers recently introduced a bill to update the Employee Rights Act, offering protections for independent contractors, franchisees, entrepreneurs, and others with flexible work options. ...
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A new report from the General Accountability Office (GAO) has found that although blockchain technologies offer some application benefits, it still faces challenges. While best known for its use i...
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The Securities and Exchange Commission (SEC) has proposed changes that would remove the references to credit rating agencies from existing exceptions provided in Rule 101 and Rule 102 of Regulation M....
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