A new report from the U.S Treasury has found that the purchasing power of Americans has now surpassed pre-pandemic levels. The Treasury’s analysis explores the interplay of wages, employment, and...
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Cannabis company Trulieve announced this week it had closed on $25 million in financing and would be opening two medical cannabis dispensaries in Florida. The company said it had closed on a comme...
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The National Association of Federally-Insured Credit Unions (NAFCU) reached out to the National Credit Union Administration (NCUA) on its proposed regulations governing share insurance coverage. In...
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The U.S. Department of the Treasury issued a request for information (RFI) to gather input to develop a national strategy for financial inclusion. The Treasury Department began work on a financial...
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U.S. Sen. Shelley Moore Capito (R-WV) is seeking information from the U.S Treasury Department on designated foreign terrorist organizations (FTOs) financing terrorist activities with crypto assets. ...
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The Financial Industry Regulatory Authority (FINRA), a non-profit dedicated to investor protection and market integrity, announced it has appointed Feral Talib to serve as executive vice president and...
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A new report from the Consumer Financial Protection Bureau (CFPB) has found that many college-sponsored financial products, like credit cards and deposit accounts, include unusual fees and worse terms...
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The New York Stock Exchange (NYSE) has the most listing transfers for the second-straight year in 2023. During the year, the 32 listings were transferred, bringing $120 billion in new market capita...
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The Federal Housing Finance Agency (FHFA) released its Foreclosure Prevention and Refinance Report for the third quarter. The report shows that Fannie Mae and Freddie Mac, or the enterprises, comp...
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A coalition of Republican members of the Financial Services Committee Capital Markets Subcommittee voiced their opposition to the Securities and Exchange Commission’s (SEC) recent proposal to prohib...
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On Wednesday, the Federal Deposit Insurance Corporation (FDIC) announced its Board of Directors had adopted a final rule regulating the rules governing the use of the official FDIC signs and advertisi...
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Many consumers are still being hit with surprise overdraft and nonsufficient fund fees, a new report from the Consumer Financial Protection Bureau (CFPB) has found. Despite recent changes by banks...
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U.S. Reps. Patrick McHenry (R-NC) and Mike Flood (R-NE) are leasing an effort in the House to have the comment period extended for a proposed rule by the Consumer Financial Protection Bureau (CFPB). ...
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The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) updated the asset–size thresholds used to define “small bank” and “intermediate small bank” under their current...
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U.S. Rep. Andy Barr (R-KY) introduced legislation to amend the unfair, deceptive, acts and practices (UDAAP) authority granted to the Consumer Financial Protection Bureau (CFPB) through the Dodd-Frank...
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On Tuesday, the Consumer Financial Protection Bureau (CFPB) ordered U.S. Bank to pay more than $20 million in penalties for preventing out-of-work consumers from accessing their unemployment benefits ...
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A group of Republican members of Congress are urging the U.S Treasury and its Financial Crimes Enforcement Network (FinCEN) to delay in the implementation of new beneficial ownership reporting require...
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On Thursday, U.S. Sens. Jerry Moran (R-KS) and Joe Manchin (D-WV) re-introduced legislation that would make bank examinations more fair and more transparent. The Fair Audits and Inspections for Re...
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U.S. Rep. Lou Correa (D-CA) led more than 20 of his House colleagues in urging President Joe Biden to insist that European Union (EU) policymakers administer and enforce their digital policies fairly....
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U.S. Sens. Sherrod Brown (D-OH), Raphael Warnock (D-GA), and John Fetterman (D-PA) are encouraging Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra to monitor the risks posed by “bu...
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