On Wednesday, the Public Company Accounting Oversight Board (PCAOB) adopted an amendment to update rules and hold people accountable when the contribute to a firms violations. The Responsibility N...
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A new analysis from the U.S. Department of Treasury’s Office of Economic Policy (OEP) has found that American businesses are doing well because they are productively investing their earnings. Th...
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Consumers have saved more than $1 billion in upfront costs on their purchase of more than 150,000 clean vehicles since the start of the year, according to the U.S. Department of the Treasury and the I...
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A bipartisan bill that seeks to help small businesses land government contracts was passed in the U.S. House of Representatives this week. The Small Business Procurement and Utilization Reform (SP...
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On Tuesday, the Securities and Exchange Commission announced it had charged Ilit Raz, founder and CEO of the Artificial Intelligence (AI) recruitment startup Joonko with fraud. According to the SE...
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The Consumer Financial Protection Bureau (CFPB) proposed a new rule that would remove medical bills from most credit reports. Specifically, the proposed rule would: • Remove the exception that...
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Erica Williams was appointed to a second term as chairperson of the Public Company Accounting Oversight Board (PCAOB), the Securities and Exchange Commission announced this week. The new term would...
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A new report from S&P Global Market Intelligence projects that community bank earnings will decline 12 percent this year before rebounding in 2025 and 2026. S&P’s 2024 U.S. Community Bank Market ...
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Newly proposed legislation in Pennsylvania could jeopardize customers’ privacy and become a financial burden for small businesses, the Electronic Payments Coalition (EPC) said Monday. The legisl...
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Flooding in the United States costs between $179.8 and $496.0 billion per year in damages and economic impact, according to the U.S. Congress Joint Economic Committee (JEC). The estimated damages i...
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U.S. Reps. John Moolenaar (R-MI), Zach Nunn (R-IA), and Bill Huizenga (R-MI) introduced a bill to increase Congressional oversight of the Committee on Foreign Investment in the United States (CFIUS). ...
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Three New Yorkers have been accused by the Securities and Exchange Commission of running fraud scheme concerning pre-IPO investments just months after they were shut down for doing the same thing unde...
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U.S. Sen. Elizabeth Warren (D-MA) is encouraging the Federal Housing Finance Agency (FHFA) to reform the Federal Home Loan Bank (FHLB) System. In as letter to FHFA leadership, Warren urged the age...
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The U.S. Department of the Treasury released a request for information (RFI) on artificial intelligence (AI) in the financial services sector. The RFI is seeking to better understand how AI is bein...
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A new study from the Insured Retirement Institute (IRI) shows how tax-deferred investments in variable annuities can produce higher retirement income at the same risk level as other investments. Th...
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On Wednesday, the Securities and Exchange Commission commenced its biennial collection of Diversity Self-Assessment Submission from Regulated Entities. The effort provides entities with the opport...
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U.S. Reps. Mike Carey (R-OH) and Greg Landsman (D-OH) introduced legislation in the U.S. House of Representatives that seeks to enhance the ability of unemployed individuals to start their own busines...
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On Thursday, U.S. Sen. Elizabeth Warren (D-MA) and U.S. Rep. Maxine Water (D-CA) led colleagues in urging the Securities and Exchange Commission to remain focused on the risk that climate change poses...
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Total assets in federally insured credit unions rose by 4.4 percent in the first quarter, according to the National Credit Union Administration (NCUA). The NCUA’s Quarterly Credit Union Data Sum...
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The Commodity Futures Trading Commission advanced two recommendations on the impacts of proposed U.S. bank capital requirements and liquidity management for derivatives. The recommendations were ma...
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