Recently released Consumer Bankers Association (CBA) survey findings maintain consumers believe Congress and the Consumer Financial Protection Bureau (CFPB) should expand fintech and crypto firm regul...
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The National Organization for the Reform of Marijuana Laws (NORML) maintains legislators and voters in more than 12 states enacted over 40 laws liberalizing cannabis policies this year. Per the NOR...
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The Consumer Financial Protection Bureau (CFPB) is considering a rule requiring certain nonbank financial firms to register with the agency when subject to consumer financial protection agency or cour...
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The Securities and Exchange Commission (SEC) charged FTX Trading co-founder and CEO Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors. Since at least May 2019, FTX, base...
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Two Republican senators are urging the comptroller general of the Government Accountability Office (GAO) to audit health care providers under the Federal Employees Health Benefits (FEHB) Program. ...
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NAFCU President and CEO Dan Berger recently expressed the organization's support for lawmakers passing the Secure and Fair Enforcement (SAFE) Banking Act via a CUInsight editorial. The legislation ...
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U.S. Sens. Ben Cardin (D-MD), Sherrod Brown (D-OH), and Patty Murray (D-WA) recently introduced the Restaurant Revitalization Tax Credit Act, which seeks to create a special tax credit available to re...
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U.S. Sens. Elizabeth Warren (D-MA) and Pat Toomey (R-PA) introduced legislation that would strengthen Federal Reserve accountability and ensure that no financial regulator can withhold ethics-related ...
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U.S. Sen. Ron Wyden (D-OR), chairman of the Senate Finance Committee, is seeking information from Amgen on what he deemed “efforts to avoid billions in taxes through profit-shifting to subsidiaries ...
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The U.S. House of Representatives recently passed four bills that seek to improve various Small Business Administration (SBA) programs. “Small businesses are the beating heart of the American ec...
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A recently released Congress Joint Economic Committee (JEC) report found that the poverty rate declined tremendously in 2021. According to the report, American Rescue Plan and Biden administration ...
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The U.S. Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective for Fall 2022, highlighting some key issues facing the federal banking system. While economic growt...
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House Committee on Financial Services personnel recently applauded the inclusion of a series of panel priorities in the Fiscal Year 2023 National Defense Authorization Act (NDAA). U.S. Rep. Maxine ...
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U.S. Sens. Elizabeth Warren (D-MA), Roger Marshall (R-KS), and John Kennedy (R-LA) are seeking answers from Silvergate Bank, the bank that reportedly facilitated the transfer of FTX customer funds to ...
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Public Company Accounting Oversight Board (PCAOB) officials have detailed seven settled disciplinary orders sanctioning the tax and advisory firm KPMG and individuals for a series of alleged violation...
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U.S. Sens. Sherrod Brown (D-OH), Bob Casey (D-PA), and Chris Van Hollen (D-MD) introduced a bill in the Senate that would require companies that own an industrial loan company (ILC) to be subject to t...
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The Congress Joint Economic Committee (JEC) recently released a report touting the benefits of automatic child trust accounts or Baby Bonds, noting the resource offers economic opportunities and socia...
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The Consumer Financial Protection Bureau (CFPB) has determined active duty Reserve and National Guard members are not always receiving interest rate reductions through the Servicemembers Civil Relief ...
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U.S. Reps. Mike Turner (R-OH) and Jared Golden (D-ME) are advocating for the inclusion of a long-term reauthorization or permanent extension of the Health Coverage Tax Credit (HCTC), which is set to e...
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A bill was introduced in the House that seeks to ensure that funding directed for the implementation of broadband from the Infrastructure Investment and Jobs Act (IIJA) and the American Rescue Plan (A...
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