The Consumer Financial Protection Bureau (CFPB) upgrades its terms of credit card plans survey, maintaining that the action aids consumers shopping for a new credit card. “Given the rise in inte...
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The public policy organization Economic Innovation Group (EIG) has released findings from two studies focusing on the impact of Opportunity Zones (OZs) on the nation's underserved communities. Per ...
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The Securities and Exchange Commission (SEC) has proposed amendments to modernize its information collection and analysis methods. Specifically, the proposal would limit the number of filings that ...
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A group of U.S. senators, including U.S. Sens. Tammy Duckworth (D-IL) and Elizabeth Warren (D-MA), are calling on the Federal Reserve to apply stronger regulation and supervision to banks with assets ...
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The Senate Committee on Banking, Housing, and Urban Affairs will hold a series of hearings on the recent collapse of Silicon Valley Bank and Signature Bank. “It is critical that we get to the bo...
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U.S. Sens. Elizabeth Warren (D-MA) and Ron Wyden (D-OR) are urging the Public Company Accounting Oversight Board (PCAOB) to take steps to stop what they call “sham audits” of crypto firms. Thi...
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Finance committee leaders in Congress are seeking answers from federal regulators on the collapse of Silicon Valley Bank and Signature Bank. U.S. Rep. Patrick McHenry (R-NC), chair of the House Fi...
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U.S. Sens. Todd Young (R-IN) and Maggie Hassan (D-NH) recently introduced legislation that would support research and development (R&D) investments by startups and innovative companies. Currently,...
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The Federal Deposit Insurance Corporation (FDIC) has extended the bidding process for Silicon Valley Bridge Bank, which it took over the assets from after the bank failed earlier this month. The F...
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U.S. Reps. Patrick McHenry (R-NC), chair of the House Financial Services Committee, and Maxine Waters (D-CA), the committee’s ranking member, announced that the committee on the failures Silicon Val...
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U.S. Sen. Marco Rubio (R-FL) is urging the U.S. Secretary of the Treasury Janet Yellen to consider the potential national security implications of selling assets from recently failed banks. Rubio ...
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U.S. Sen. Sherrod Brown (D-OH) is asking federal regulators to conduct a review of the circumstances surrounding the failures of Silicon Valley Bank and Signature Bank. Specifically, he is urging r...
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A bipartisan group of lawmakers is seeking the Financial Crimes Enforcement Network's (FinCEN) enhanced implementation of the Corporate Transparency Act to prevent incorporation laws abuse. U.S. Se...
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House Committee on Small Business Chairman Roger Williams (R-TX) has forwarded correspondence to the Small Business Administration (SBA) regarding its decision regarding Paycheck Protection Program (P...
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The U.S. Securities and Exchange Commission (SEC) recently detailed the proposed requirements to address cybersecurity risks to the U.S. securities markets. The proposal would require all Market En...
Read MoreThe U.S. Department of Justice recently reported that a Southfield, Michigan-headquartered bank holding company's plea agreement regarding the alleged filing of false securities statements. Through...
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U.S. Rep. Katie Porter (D-CA) and U.S. Sen. Elizabeth Warren (D-MA) are among a group of lawmakers sponsoring a bill that would repeal a provision in a 2018 bill that they say contributed to the colla...
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The Consumer Financial Protection Bureau (CFPB) is investigating the business practices of companies that track and collect information on people’s personal lives. The bureau issued a request fo...
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U.S. Rep. Dusty Johnson (R-SD) introduced a bill to alter work requirements for people receiving Supplemental Nutrition Assistance Program (SNAP) benefits. The America Works Act of 2023 would amen...
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U.S. Rep. Roger Williams (R-TX) recently touted the benefits of legislation that seeks to aid transitioning service members with entrepreneurship. Williams, chairman of the House Committee on Small...
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