A bipartisan group in the House, led by U.S. Rep. Mike Flood (R-NE), introduced legislation recently that would prohibit certain federal agencies from requiring certain institutions to include assets ...
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A bill that would provide legal cannabis businesses with access to banking and financial services cleared a major hurdle this week as it was approved by the Senate Banking Committee. The Secure and...
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U.S. Rep. Blake Moore (R-UT) on Tuesday introduced legislation designed to provide patients with better access to their health savings accounts (HSA). The Advancing Health Savings Act, H.R. 5690, h...
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The Securities and Exchange Commission (SEC) said on Tuesday it reached a settlement with Concord, California-based investment adviser AssetMark related to undisclosed conflicts of interest. The conf...
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On Monday, the Consumer Financial Protection Bureau (CFPB) announced it was beginning the process to remove medical bills from Americans’ credit reports. The proposal, the bureau said, would hel...
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The Commodity Futures Trading Commission (CFTC) is holding a virtual event on Oct. 4 that is focused on combatting fraud and scams in the digital world. The event, called Technology and Fraud: Stop...
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U.S. Reps. Jason Smith (R-MO) and Darin LaHood (R-IL) are calling on the U.S. Government Accountability Office (GAO) to investigate the use of Temporary Assistance for Needy Families (TANF) funds. ...
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A group of congressional Republicans is seeking answers from the Securities and Exchange Commission (SEC) on a proposed rule to prevent the use of artificial intelligence (AI) technologies by broker-d...
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U.S. Sens. John Hoeven (R-ND) and Amy Klobuchar (D-MN) introduced legislation on Sept. 21 to modernize loan limitations for U.S. Department of Agriculture (USDA) loan programs. Their bill, the Produc...
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California Gov. Gavin Newsom is urging the state’s insurance commissioner to take steps to stabilize and improve the property insurance marketplace in the state. This call comes as climate change...
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The third quarter Small Business Index, produced by the U.S. Chamber of Commerce and MetLife, hit its highest score since the start of the pandemic, as small businesses see an improving economy. T...
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A bill that would require the U.S. Treasury to report the protocols given to national security, law enforcement, and intelligence agencies on the dissemination of financial data went through a markup ...
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The House Financial Services Committee recently passed a bill that prevents the Federal Reserve from issuing a central bank digital currency, or CBDC, to individuals. The CBDC Anti-Surveillance Sta...
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A bill that would permit sanctions on certain Chinese entities in China’s defense and surveillance technology sectors was passed by the House Financial Services Committee this week. The Chinese ...
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Several leading financial groups, including the Consumer Bankers Association (CBA), voiced their opposition this week to a bill introduced in the U.S. Senate that would cap credit card interest rates....
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On Tuesday, the Consumer Financial Protection Bureau (CFPB) released guidelines for lenders to adhere to when using artificial intelligence and other models to deny consumers credit. The guidance ...
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A bipartisan group of House legislators on the Ways and Means Committee is urging the federal authorities to combat Canada’s unilateral imposition of a digital services tax (DST). The lawmakers,...
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Intercontinental Exchange (ICE), which runs the New York Stock Exchange, has partnered with DeltaTerra Capital to offer climate-adjusted credit risk analytics for residential and commercial mortgage-b...
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A report U.S. Government Accountability Office (GAO) examines security risks to the safety of confidential taxpayer information at the Internal Revenue Service (IRS). The GAO report identifies do...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) published a guide to help small businesses comply with the beneficial ownership information (BOI) reporting rule. ...
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