On Wednesday, the Consumer Financial Protection Bureau (CFPB) announced a proposed rule that would require mortgage servicers to help homeowners before foreclosure. The proposal, if finalized, wou...
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U.S. Rep. French Hill (R-AR) is leading a bipartisan coalition of Congress members who are urging the Federal Reserve to modernize the nation’s existing payments infrastructure. Specifically, the...
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Community banks are more optimistic about future economic conditions, according to the CSBS Community Bank Sentiment Index. The index, produced quarterly by the Conference of State Bank Supervisors...
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A newly introduced bill in Congress would support and promote U.S. manufacturing and energy production over foreign competitors by showcasing the lower greenhouse gas (GHG) emissions of American-made ...
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CTrust is launching a cannabis credit scoring platform, available to financial institutions, investors, and business owners. CTrust’s Cannabis Trust Score (CTS) and Report provides a credit score...
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The Federal Home Loan Bank of Chicago is working with VantageScore to allow its member financial institutions to pledge mortgage collateral using VantageScore credit scores, serving as an alternative ...
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On Monday, the U.S. Department of the Treasury, announced a proposed rule that would expand Committee on Foreign Investment in the United States (CFIUS) jurisdictions over transactions near military i...
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Chief financial officers (CFOs) at U.S. companies have the highest level of confidence in the economy since the third quarter of 2021, according to a new survey from business consultant Grant Thornton...
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New research from Accenture has found that companies with the most mature supply chains are 23 percent more profitable than their competition. The analysis into more than 1,000 companies across 15...
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Lincoln Financial Group released a report on the key market trends and themes currently on the minds of investors, including the election. The company’s quarterly Market Intel Exchange said inve...
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The U.S. Chamber of Commerce launched an initiative that seeks to achieve at least 3 percent annual real economic growth over the next decade. Through its Growth and Opportunity Imperative, the Cha...
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Uber and Lyft must be transparent about their use of surge pricing to set fares, warns U.S. Sen. Sherrod Brown (D-OH), chairman of the U.S. Senate Banking, Housing, and Urban Affairs Committee. “...
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The June jobs report released by the National Federation of Independent Business (NFIB) revealed the employment hiring plans among small business owners. About 15 percent of owners plan to create n...
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Foreign foes of the United States would be held accountable for stealing American intellectual property (IP) under a newly proposed bill in Congress. The Protecting American Innovation and Developm...
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In a letter to the Financial Crimes Enforcement Network (FinCEN), a group of financial industry organizations outlined the challenges created by requiring financial institutions to fill out suspicious...
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On Tuesday, the U.S. Treasury Department made available an additional $10 million in technical assistance funding as part of the American Rescue Plan Act’s State Small Business Credit Initiative (SS...
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The July 2024 ICE Mortgage Monitor Report, produced by Intercontinental Exchange, examines the changing makeup of the mortgage market. The July report shows that while the mortgage market remains h...
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On Monday, FINRA announced it was working with the Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) to hold a Compliance Outreach Program for municipal mar...
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The impact of the bankruptcy of Synapse Financial Technologies Inc. on customers spurred a bipartisan contingent of U.S. senators to call on the company’s numerous partners to promptly make all froz...
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The Commodity Futures Trading Commission released a report on the results of its fourth Supervisory Stress Test (SST) of derivatives clearing organization (DCO) resources. Among the key findings i...
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