U.S. Department of Labor (DOL) officials are detailing a proposed rule determining if a worker is an employee or an independent contractor through the Fair Labor Standards Act. “While independent...
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California Gov. Gavin Newsom’s Unified Enforcement Task Force (UCETF) has been cracking down on illegal cannabis operations in the state. The task force conducted an operation in a rural area of ...
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A Consumer Financial Protection Bureau (CFPB) report examining student banking product marketing initiatives is questioning whether marketing deals between colleges and financial institutions comply w...
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U.S. Sen. Tim Scott (R-SC) recently forwarded correspondence to PayPal President and CEO Dan Schulman, noting concerns regarding one of the company's operating policies. "I was gravely concerned by...
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Republican U.S. Senate Finance Committee members are seeking more visibility from the Treasury Inspector General for Tax Administration (TIGTA) on how it and the Internal Revenue Service (IRS) will de...
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The Securities and Exchange Commission (SEC) adopted amendments related to recordkeeping for broker-dealers, security-based swap dealers (SBSDs), and major security-based swap participants (MSBSPs). ...
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U.S. Rep. Eleanor Holmes Norton (D-DC) is advocating for the Biden administration to end support for the District of Columbia marijuana rider and endorse D.C. authority to grant clemency. Norton sa...
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U.S. Rep. Richard E. Neal (D-MA) and U.S. Sen. Ron Wyden (D-OR) are commending a recent Department of the Treasury and Internal Revenue Service (IRS) healthcare regulation they said reduces unaffordab...
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U.S. Rep. Patrick McHenry (R-NC) and his Republican colleagues on the House Financial Services Committee’s Task Force on Financial Technology are urging the Office of the Comptroller of the Currency...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) have reached settlements with Bittrex, a virtual currency exchange bas...
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Citizens Financial Group officials said the institution is offering corporate clients another tool amid the transition to a lower carbon economy in the form of its Carbon Offset Deposit Account. ...
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California members of the U.S. House of Representatives are asking the Federal Trade Commission (FTC) to investigate California oil refineries for potential non-competitive practices, anti-consumer be...
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The U.S. Treasury Departmentʻs Federal Insurance Office (FIO) issued its annual report on the insurance industry, which examines the industry’s performance and condition in 2021 as well as its outl...
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U.S. Reps. Dave Joyce (R-OH) and Brian Mast (R-FL) are calling on President Joe Biden to address what they call the unjust treatment of tribal communities by federal authorities regarding cannabis. T...
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The Futures Industry Association (FIA) responded last week to a request for information (RFI) from the US Commodity Futures Trading Commission (CFTC), which sought public comment on climate-related fi...
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New York Gov. Kathy Hochul signed last week a legislative package that strengthens the Minority- and Women-Owned Business Enterprise Program. Legislation (A.9259-A/S.3390-A) prevents MWBE Program ...
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U.S. Sen. Ron Wyden (D-OR), chairman of the Senate Finance Committee, is highlighting the beginning of several prescription drug provisions included in the Inflation Reduction Act. Wyden particular...
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The Securities and Exchange Commission’s (SEC) Small Business Capital Formation Advisory Committee will host an Oct. 13 meeting focusing on entrepreneurship hubs and the initial public offering (IPO...
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U.S. Sens. Shelley Moore Capito (R-WV) and Jacky Rosen (D-NV) introduced a bill that would require the Small Business Administration (SBA) to create a centralized website for licensing and business pe...
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Industry groups and lawmakers on both sides of the political aisle applauded President Joe Biden’s decision to pardon all people who have been convicted of federal offenses for nonviolent possession...
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