The U.S. Chamber of Commerce rolled out a new tool that shows the economic impact of the 20 percent pass-through deduction on businesses, workers, and local economies. The tool, an interactive map...
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On Thursday, U.S. Sens. Sherrod Brown (D-OH), Jack Reed (D-RI), and Elizabeth Warren (D-MA) asked instant payment platform Zelle to clarify what its policies are when it comes to protecting consumers ...
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The Financial Industry Regulatory Authority (FINRA) FINRA has fined Morgan Stanley Smith Barney for its repeated failures to timely close out failed inter-dealer municipal securities transactions. ...
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A pending legal decision is expected any day now that could alter the business climate for publicly traded companies in Ohio. The litigation in Franklin County, Ohio Court of Common Pleas concern...
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U.S. Rep. Roger Williams (R-TX) has reached out to the head of the Environmental Protection Agency (EPA) about five proposed rules that he says could harm businesses, including small businesses. Th...
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The Securities and Exchange Commission (SEC) proposed a rule this week that would update the dollar threshold for a fund to qualify as a “qualifying venture capital fund.” Specifically, the rul...
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A group of Republican lawmakers are seeking answers from Treasury Secretary Janet Yellen on the Financial Stability Oversight Council (FSOC) efforts related to the spot market for digital assets. ...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a new rule to keep criminals and foreign adversaries from exploiting the U.S. financial system through in...
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On Tuesday, two U.S. senators asked the Government Accountability Office (GAO) to look into the Veterans’ small business lending programs. U.S. Sens. Jeanne Shaheen (D-NH), the chair of the U.S....
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The U.S. Treasury Department and the Internal Revenue Service, in partnership with the Department of Energy (DOE), will stop accepting new applications for the 2023 program year for the Low-Income Com...
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According to the Merchants Payments Coalition, rising swipe fees charged by banks to merchants could cost consumers nearly $578 million this Valentine’s Day. Swipe fees are the fees banks charge...
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Commercial and multifamily mortgage loan originations were down 25 percent in the fourth quarter of 2023 compared to the same quarter a year ago, according to the Mortgage Bankers Association’s (MBA...
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U.S. Reps. Guy Reschenthaler (R-PA) and Dina Titus (D-NV) expressed their support for a recent recommendation made by the Internal Revenue Service Advisory Council (IRSAC) on reporting slot machine wi...
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Sixteen firms, ranging from broker dealers to investment advisors, pay more than $81 million in penalties to settle charges from the Securities and Exchange Commission (SEC) over widespread and longst...
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The Consumer Financial Protection Bureau (CFPB) resolved an appeal in an enforcement suit against a foreclosure relief scam operation. The resolution of the case resulted in $12 million in consumer...
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On Thursday, U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) released a framework of legislation that would improve the country’s unemployment system. Wyden, chair of the Senate Finance Commit...
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The Securities and Exchange Commission (SEC) adopted amendments to Form PF last week. Form PF is the confidential reporting form for certain SEC-registered investment advisers to private funds, inc...
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U.S. Sen. Elizabeth Warren (D-MA) and U.S. Rep. Sean Casten (D-IL) are urging BAE Systems not to engage in stock buybacks during the time it is using funds from a Department of Commerce grant. BAE ...
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The Securities and Exchange Commission (SEC) brought charges against a Florida-based firm for violations related to crypto assets. The SEC alleges that TradeStation Crypto, Inc., based in Plantatio...
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The federal bank regulatory agencies issued a request for comment this week on ideas to reduce the regulatory burden. This request is in line with the Economic Growth and Regulatory Paperwork Redu...
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