Congressional lawmakers are seeking answers from the Consumer Financial Protection Bureau on a data breach involving personal account information. The data breach, first reported by the Wall Street...
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National Credit Union Administration (NCUA) research maintains that 25 percent of federally insured credit unions are in communities identified as having a high or very high risk of negative natural h...
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A group of lawmakers recently reintroduced legislation that seeks to require fair and ethical treatment of small construction contractors by federal agencies during the procurement process. U.S. Re...
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U.S. Rep. Glenn Thompson (R-PA) sponsored a bill introduced in the House this week that seeks to help farmers manage their student loan debt. The Young Farmer Success Act (H.R. 2728) would make far...
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U.S. Reps. Tom Emmer (R-MN) and French Hill (R-AR) sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler on what they called his regulatory “inconsistency” over the treatmen...
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In its semiannual update on the restoration plan for its Deposit Insurance Fund (DIF), the Federal Deposit Insurance Corporation (FDIC) cited the impact of the recent bank failures. The FDIC esti...
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U.S. Rep. Mike Bost (R-IL) has introduced legislation he indicated addresses unfair trade practices initiated by China and other bad actors by amending the Tariff Act of 1930. Bill proponents noted...
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U.S. Reps. Ron Estes (R-KS) and John Larson (D-CT) have joined 60 House of Representatives colleagues in reintroducing legislation to bolster research and development efforts. Estes and Larson rece...
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Public Company Accounting Oversight Board (PCAOB) inspectors have detailed 2023 inspection priorities, noting the focus would be audit risks related to fraud, financial services, and crypto. “Inc...
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U.S. Rep. Earl Blumenauer (D-OR) introduced legislation this week that would allow legal marijuana businesses to take tax deductions like any other legal business. His bill, the Small Business Ta...
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The U.S. Securities and Exchange Commission (SEC) recently outlined charges against a crypto asset trading platform and its co-founder and former CEO. The SEC indicated its complaint alleges Bittre...
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A bipartisan group of House lawmakers introduced legislation this week that seeks to modernize how 83(b) election forms for startups are filed with the Internal Revenue Service (IRS). The Eliminat...
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The U.S. Securities and Exchange Commission (SEC) recently reopened the comment period regarding proposed amendments to Exchange Act Rule 3b-16. The proposed amendments address the definition of an...
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U.S. Rep. Dave Joyce (R-OH) and House Democratic Leader Hakeem Jeffries (D-NY) recently reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPAR...
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A bill introduced by a group of House lawmakers, including U.S. Rep. Andrew Garbarino (R-NY), would allow taxpayers to fully deduct their state and local taxes on their federal income returns. The...
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The U.S. Department of the Treasury recently approved $540.2 million for California high-speed internet projects to aid the effort to provide access nationwide. “The pandemic upended life as we k...
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Findings from a Mortgage Bankers Association (MBA) survey maintain commercial and multifamily lending declined in 2022. The MBA 2022 Commercial Real Estate / Multifamily Finance Annual Origination ...
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The U.S. Chamber of Commerce launched a new program to help Ukraine recover and rebuild after the war with Russia is won. The Chamber’s Ukraine Business Initiative is a platform that allows com...
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U.S. Reps. Patrick McHenry (R-NC) and Bill Huizenga (R-MI) are urging the Securities and Exchange Commission (SEC) to provide more information on the charges filed by the agency against FTX founder Sa...
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While stakeholders agree that the lack of national standards is impacting athletic competition and recruiting between universities in states having different or no Name, Image, and Likeness (NIL) laws...
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