U.S. Reps. Abigail Spanberger (D-VA) and Chip Roy (R-TX) have sponsored a bill that would effectively ban members of Congress from trading individual stocks while in Congress. Specifically, the Trans...
Read More
House Republicans on the Financial Services Committee created a new subcommittee this week, the Subcommittee on Digital Assets, Financial Technology, and Inclusion. U.S. Rep. French Hill (R-AR), vic...
Read More
A group of lawmakers recently introduced a bill that seeks to aid in addressing organized retail crimes. U.S> Reps. Young Kim (R-CA), Jimmy Panetta (D-CA), Maria Salazar (R-FL), and Andrew Garbarino ...
Read More
The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) have released findings from a report examining 2022 third-quarter small business lending trends. Officials noted th...
Read More
The Consumer Bankers Association (CBA) is encouraging the Consumer Financial Protection Bureau (CFPB) to work with the banks to protect consumers from more prevalent peer-to-peer (P2P) payment platfor...
Read More
U.S. Reps. Darin LaHood (R-IL) and Suzan DelBene (D-WA) introduced a bill this week that would extend the Federal Insurance Contribution Act (FICA) tax tip credit to salon and beauty service establish...
Read More
The Consumer Financial Protection Bureau (CFPB) has proposed a rule establishing a public registry of supervised nonbanks’ terms and conditions in non-negotiable form contracts. The proposed action...
Read More
U.S. Rep. Ken Calvert (R-CA) introduced legislation designed to help small businesses comply with the Americans with Disabilities Act (ADA) while seeking to cut down on lawsuits. His bill, the ACCESS...
Read More
U.S. Rep. Carol Miller (R-WV) introduced legislation that would repeal a tax stipulation that impacted gig economy workers. Her bill, the Saving Gig Economy Taxpayers Act (H.R. 190), proposes that i...
Read More
Cristina Martin Firvida has been appointed Securities and Exchange Commission (SEC) Director of the Office of the Investor Advocate. Martin Firvida, slated to assume the post on Jan. 17, 2023, most r...
Read More
Financial Industry Regulatory Authority (FINRA) officials are detailing the organization's 2023 Examination and Risk Monitoring Program report, which provides firms with compliance program strengtheni...
Read More
U.S. Rep. Earl Carter (R-GA) introduced a bill that would replace the current tax code with a national consumption tax. His bill, the Fair Tax Act (H.R. 25), would eliminate all personal and corporat...
Read More
Citizens Financial Group officials maintain the financial institution's Citizens’ 2023 M&A (mergers and acquisitions) Outlook reflects optimistic company performance expectations and desired growth....
Read More
The Consumer Bankers Association (CBA) is urging the U.S. Small Business Administration (SBA) not to lift the moratorium on the number of non-federally regulated depository institutions that can make ...
Read More
U.S. Reps. Adrian Smith (R-NE) and Michelle Steel (R-CA) recently commended the House of Representatives' advancement of the Family and Small Business Taxpayer Protection Act (H.R. 23), citing the leg...
Read More
The Commodity Futures Trading Commission filed a civil enforcement action this week against Avraham Eisenberg for an alleged fraudulent and manipulative digital assets scheme. The scheme allegedly ...
Read More
Illinois state officials are touting 2022 adult use cannabis sales records in all categories the Illinois Department of Financial and Professional Regulation (IDFPR) tracks. “When I signed the Ca...
Read More
The North American Securities Administrators Association (NASAA) released its federal policy agenda for the 118th Congress to help investors and strengthen markets. The agenda advocates for policy ...
Read More
KeyBank 2023 Financial Mobility Survey findings maintain Americans are in a difficult financial position and desire to become more aware of their financial picture. The survey was executed online b...
Read More
The Independent Community Bankers of America (ICBA) is calling on the Small Business Administration to maintain its moratorium on the number of non-federally regulated institutions, including nonbank ...
Read More