U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, is cautioning U.S Treasury against regulating outbound investment to China. In a letter to Yellen, McHenry express...
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U.S. Reps. Dan Newhouse (R-WA) and Jennifer Wexton (D-VA) recently joined eight colleagues to introduce legislation that would end a United States Postal Service (USPS) ban preventing the shipping of ...
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Findings from a report by land, property, and real estate data curator ATTOM maintain home foreclosures are increasing but represent a small presence on the nationwide real estate landscape. Accord...
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The New York City Banking Commission voted to limit deposits at Capital One and KeyBank after the banks failed to submit plans, as required, demonstrating their efforts to root out discrimination. ...
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The Office of the Comptroller of the Currency (OCC) has revised its policies and procedures manual on bank enforcement actions regarding actions against banks that fail to correct persistent weaknesse...
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Findings from corporate and consumer surveys conducted by Federal Reserve Financial Services maintain businesses and consumers are using faster payments and prefer accessing faster payment services th...
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National Federation of Independent Business (NFIB) officials noted the organization supports the U.S. Supreme Court’s recent ruling with regard to Sackett v. Environmental Protection Agency (EPA). ...
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The U.S. Department of the Treasury launched a new public-private partnership that is dedicated to bolstering regulatory and private sector cooperation. This new partnership, called the Cloud Execu...
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The U.S. Senate Permanent Subcommittee on Investigations (PSI) is seeking communications and records from accounting firm KPMG related to its audits of three failed banks—Silicon Valley Bank, Signat...
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A group of lawmakers have reintroduced legislation they maintain would reform disaster recovery efforts via a housing and community development disaster assistance fund. U.S. Sens. Brian Schatz (D...
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FMI, the Food Industry Association, expressed its support for the approval of a bill by the House Energy & Commerce Committee that would prohibit pharmacy benefits managers (PBMs) from engaging in spr...
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U.S. Sen. Marco Rubio and U.S. Rep. María Elvira Salazar (R-FL) introduced legislation that seeks to better track foreign real estate buyers in large markets. It would also raise the withholding tax ...
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Findings from an Edward Jones and Morning Consult survey maintain with regard to saving priorities, prepping for advanced education costs remains at the forefront. The 12th annual Edward Jones 529...
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A group of lawmakers recently introduced the Main Street Tax Certainty Act, which would permanently establish a 20 percent pass-through tax deduction for small business owners. The legislation w...
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The U.S. House of Representatives passed two bills this week that were first introduced in the House Financial Services Committee. The China Financial Threat Mitigation Act of 2023 (H.R. 1156), sp...
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U.S. Sens. Sherrod Brown (D-OH) and Bill Cassidy (R-LA) have introduced legislation that would address online sellers tax paperwork by ensuring fewer casual sellers receive excessive paperwork. The...
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U.S. Reps. Tom Emmer (R-MN) and Darren Soto (D-FL) introduced legislation that seeks to bring more clarity to the regulatory classification of digital assets. Currently, existing securities law doe...
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U.S. Reps. Andy Barr (R-KY) and Vicente Gonzalez (D-TX) are touting legislation that would provide families with another home buying process access point. The reintroduced Affordable Homeownership ...
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U.S. Sens. Thom Tillis (R-NC) and Jon Tester (D-MT) are urging President Joe Biden to appoint an independent investigator to probe the causes of the recent collapse of Silicon Valley Bank, First Repub...
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U.S. Rep. Roger Williams (R-TX), chairman of the House Committee on Small Business, recently wrote to four federal agencies, noting his concerns regarding regulatory overreach. Williams recently fo...
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