U.S. Rep. Barbara Lee (D-CA) is commending the House of Representatives Committee on Appropriations action advancing an amendment protecting legal cannabis programs. The committee's advancement of ...
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The U.S. Securities and Exchange Commission (SEC) recently outlined charges against Ernst & Young LLP, alleging the audit firms' professionals cheated on exams required to obtain and maintain Certifie...
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The Consumer Financial Protection Bureau (CFPB) issued a rule affirming the ability of states to establish their own fair credit reporting laws. This allows states to enact state-level laws that a...
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INX Digital, a broker-dealer and owner of a digital asset trading platform, signed an agreement with a Swiss company, SICPA, to help governments digitize their monetary systems. The partnership bet...
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Several industry trade associations are urging the Consumer Financial Protection Bureau (CFPB) to grant a 60-day extension for comments on its proposed rule on credit card late fees that financial ins...
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A recently released Office of the Comptroller of the Currency (OCC) report found that the performance of the federal banking system first-lien mortgages improved during the first quarter of 2022. T...
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The U.S. Congress Joint Economic Committee (JEC) released its response to the Economic Report of the President, making recommendations to improve the economy. The JEC is required by law to respond...
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The House Financial Services Committee advanced the Close the Industrial Loan Company (ILC) Loophole Act, which drew praise from the Credit Union National Association (CUNA) and the National Associati...
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The Consumer Financial Protection Bureau (CFPB) issued a final rule to financially help survivors of human trafficking. Survivors often find that their credit reports reflect financial obligations...
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The Securities and Exchange Commission (SEC) recently adopted amendments focusing on electronic filing requirements for investment advisers and institutional investment managers. “In a digital ag...
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U.S. Sen. Pat Toomey (R-PA) is urging Congress to seek long-term reauthorization of the National Flood Insurance Program (NFIP) to benefit taxpayers and homeowners. Officials said Toomey encouraged...
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Mortgage Bankers Association (MBA) and National Fair Housing Alliance (NFHA) officials are touting the launch of an online toolkit to aid in addressing the racial homeownership gap. The resource is...
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The Independent Community Bankers of America (ICBA) has joined other groups in requesting the Federal Deposit Insurance Corporation (FDIC) reconsider its decision to eliminate the Office of Supervisor...
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U.S. Reps. Patrick McHenry (R-NC) and French Hill (R-AR) recently sent correspondence to House Committee on Financial Services Chair Maxine Waters to call on Federal Housing Finance Agency (FHFA) Dire...
Read MoreThe House Financial Services Committee advanced 10 bills last week that reduce housing costs, help small businesses, and protect whistleblowers, among others. Among the legislation advanced is the...
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A group of state attorneys general, including California Attorney General Rob Bonta, are urging Congress to enact legislation allowing food and candy makers to enforce their trademarks against copycat...
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The Senate Finance Committee unanimously advanced the Retirement Security and Savings Act, sponsored by U.S. Sens. Rob Portman (R-OH) and Ben Cardin (D-MD). The bill, S. 1770, would help small busi...
Read MoreAppointed by President Jow Biden, Sandra L. Thompson was recently sworn into a five-year term as director of the Federal Housing Finance Agency (FHFA). Thompson will head the agency responsible for...
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U.S. Sens. Sheldon Whitehouse (D-RI), Dick Durbin (D-IL), Chuck Grassley (R-IA), and John Cornyn (R-TX) recently applauded the enactment of their legislation that aids small businesses and individuals...
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A group of lawmakers recently forwarded correspondence to the Environmental Protection Agency (EPA), advocating the agency examines the potential environmental impacts of digital asset mining. Hous...
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