The U.S. House of Representatives passed legislation last week that seeks to help small businesses and entrepreneurs gain better access to capital to grow their businesses. The Expanding Access to ...
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The Insured Retirement Institute (IRI) has outlined 33 proposals to strengthen retirement security for more workers and retirees. The proposals, outlined in IRI’s 2024 Blueprint, would do the fol...
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The U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) to stop it from implementing a rule that limits credit card late fees. The suit alleges that the...
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On Thursday, the FDIC reported its commercial banks and savings institutions saw a net income of $256.9 billion, down $6 billion from 2022, but still above the levels reported prior to the pandemic. ...
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Democrats on the U.S. Congress Joint Economic Committee (JEC), led by Committee Chair Martin Heinrich (D-NM), released a report this week that examines rising corporate profits. The report, titled...
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A final rule requiring public companies to disclose climate-related information in registration statements and annual reports was adopted this week by the Securities and Exchange Commission (SEC). ...
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The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that would cut excessive credit card late fees. The rule would close a loophole that is often exploited by large card issu...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules this week to expand the reach of the clean energy tax credits. Two new credit delivery mechanisms ...
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Legislation that would expand Coverdell Education Savings Accounts (ESAs) expenses to cover skills training was introduced in the U.S. House on Monday. U.S. Reps. Brian Fitzpatrick (R-PA), Derek K...
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A group of Senate Republicans, led by U.S. Sen. Todd Young (R-IN), are calling on the Environmental Protection Agency (EPA) to rescind the recently finalized rule for the National Ambient Air Quality ...
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Mortgage originations hit a 30 year low in 2023, according to the Intercontinental Exchange’s ICE Mortgage Monitor Report. The report said that just 4.3 million mortgages were originated in 2023...
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U.S. Reps. Dusty Johnson (R-SD) and Kim Schrier (D-WA) introduced two bills related to the health care of Native Americans. The bills seek to hold the Indian Health Service (IHS) accountable for di...
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On Friday, the Securities and Exchange Commission announced it had settled charges it had against New York-based investment adviser HG Vora Capital Management LLC for failing to make ownership disclos...
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The Biden-Harris Administration approved $20 million this week for digital connectivity projects in Pennsylvania under the U.S. Department of the Treasury’s Capital Projects Fund (CPF). The award...
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The U.S. Department of Housing and Urban Development (HUD), working with the Treasury Department, will indefinitely extend the Section 542(c) Housing Finance Agency Risk-Sharing Initiative. The ini...
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On Thursday, U.S. Sen. Sherrod Brown (D-OH) introduced legislation that would crack down on corporations that reduce the size of their products without lowering prices. The legislation, the Shrink...
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U.S. Sens. Thom Tillis (R-NC) and John Hickenlooper (D-CO) have teamed up to sponsor a bill that would allow for the electronic delivery of regulatory documents to investors. Currently, the Securit...
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According to a new survey from PNC, the majority of small- and mid-sized business owners are optimistic about the national economy and nearly four out of five are optimistic about their own business. ...
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The U.S. House of Representatives passed five small business bills recently, including one that seeks to help service-disabled veterans. The Service-Disabled Veteran Opportunities in Small Business...
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The U.S. Department of the Treasury has recovered over $375 million in the past year through an enhanced fraud detection process that utilizes artificial intelligence (AI). Since the start of the ...
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