The Securities and Exchange Commission (SEC) settled fraud charges against Ideanomics, Inc., formerly known as Seven Stars Cloud Group, Inc., and its former CEO for misleading the public about the com...
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The Financial Crimes Enforcement Network (FinCEN), which is part of the U.S. Treasury Department is launching a public service announcement (PSA) campaign to educate small businesses about new benefic...
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U.S. Sens. Bob Casey (D-PA) and Elizabeth Warren (D-MA) are questioning Kroger Co.’s use of digital price tags, or Electronic Shelving Labels (ESLs), in 500 of its grocery stores, a move the lawmake...
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The U.S. District Court for the Southern District of New York ordered FTX Trading and Alameda Research to pay $12.7 billion in monetary relief to FTX customers and victims of FTX’s fraud. The or...
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Democrats on the Congressional Joint Economic Committee (JEC) released a report last week that examines the benefits of investing in school meal programs. The report found that an estimated 3.3 mil...
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Two Harbors Investment Corp. has selected Intercontinental Exchange’s Encompass digital mortgage platform to support their new direct-to-consumer recapture originations channel. Encompass is a l...
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New federal financial data and analysis show that under the Inflation Reduction Act (IRA), more than 3.4 million American families benefited from $8.4 billion in tax credits to lower the costs of clea...
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U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) are seeking information from the Social Security Administration (SSA) on its use of artificial intelligence (AI), particularly when it comes to making...
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The U.S. Department of the Treasury approved up to $83 million in State Small Business Credit Initiative (SSBCI) funds to be awarded to a consortium of 125 Alaska Tribes. The investment supports t...
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Congressional lawmakers this week called on the Government Accountability Office (GAO) to quickly review the Premium Stabilization Demonstration for Medicare Part D plans. The demonstration, announ...
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U.S. Sen. Sherrod Brown (D-OH) is seeking information on a trend of rising premiums in home insurance markets. Brown, the chairman of the Senate Committee on Banking, Housing, and Urban Affairs sen...
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The Federal Reserve Board issued final guidance this week to help certain large banks further develop their resolution plans. The final guidance, developed jointly with the Federal Deposit Insuran...
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A new rule adopted today by the Missouri Department of Insurance on annuities drew praise from both the American Council of Life Insurers (ACLI) and the National Association of Insurance and Financial...
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For the first time ever, the U.S. Secret Service conducted an outreach operation in the State of Alaska for payment card skimming and Electronic Benefit Transfer (EBT) fraud. “In the past few mon...
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U.S. Sens. Lindsey Graham (R-SC) and Sheldon Whitehouse (D-RI) introduced legislation designed to strengthen the Department of Justice’s (DOJ) ability to prosecute trade-related crimes. The lawma...
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A new research report from the Mortgage Bankers Association (MBA) examines models, standards, and policies that would help alleviate market pressures resulting from high levels of mortgage defaults. ...
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The rise in Environmental, Social, and Governance (ESG)-related initiatives must be mitigated to protect shareholders and the strength of U.S. capital markets, according to a new staff report released...
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U.S. Sen. Marco Rubio (R-FL) introduced legislation last week that seeks to stop foreign nations from evading sanctions. The Sanctions Evasion Prevention and Mitigation Act (S. 4858) is designed t...
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The Consumer Bankers Association (CBA) and Bank Policy Institute are calling on the Consumer Financial Protection Bureau (CFPB) to rescind a rule that would regulate buy-now-pay-later providers. Bu...
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United States military veterans who start a small business in America’s underserved communities would get a tax credit under a new bipartisan bill proposed in Congress. Specifically, the Veterans...
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