U.S. Rep. John Moolenaar (R-MI) and U.S. Sen. Marco Rubio (R-FL) introduced legislation in Congress that seeks to prevent the U.S. tax code from rewarding investments in Communist China. Many Wall ...
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Asset managers would be prohibited from prioritizing environmental, social, and governance (ESG) factors over the financial success of Americans’ retirement savings under a new bill introduced in Co...
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U.S. Sen. Elizabeth Warren (D-MA) expressed concern to federal regulators about the lack of regulatory oversight of a New York bank that she deems at risky. In a letter to Michael Hsu, acting compt...
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Legislation recently introduced in the U.S. Senate would improve American health care system’s cybersecurity. The Health Infrastructure Security and Accountability Act would require the Departmen...
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An encroaching tax hike on America’s small businesses must be stopped, said U.S. Sen. Steve Daines (R-MT) and National Federation of Independent Businesses (NFIB) President Brad Close during a Sept....
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The Federal Housing Finance Agency (FHFA) has revised its proposal to amend the suspended counterparty program (SCP). The SCP regulation requires entity to report to FHFA any misconduct by individu...
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The G7 Cyber Expert Group (CEG) highlighted the potential cybersecurity risks to financial firms from developments in quantum computing in a recent statement. The group, chaired by the U.S. Departm...
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Republicans on the House Permanent Select Committee on Intelligence (HPSCI) Subcommittee recently sent a letter to Federal Bureau of Investigation (FBI) Director Christopher Wray and the Securities an...
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Marylanders reported lost $69.1 million as a consequence of cryptocurrency investment fraud in 2023, according the FBI’s Internet Crime Complaint Center. Reports came from 668 residents. Bet...
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U.S. Sen. Tim Scott (R-SC) introduced legislation to boost avenues for capital formation. His bill, the Empowering Main Street in America Act, seeks to streamline and modernize the rules governing ...
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Visa was hit with a civil antitrust lawsuit this week by the U.S. Justice Department for monopolization and other unlawful conduct in violation of the Sherman Act. The complaint, filed in the U.S. ...
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Small businesses owned by women and people of color would have improved access to capital under a bicameral bill proposed Tuesday by congressional Democrats that would create two new tax incentives to...
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The Federal Reserve Banks of Philadelphia and Cleveland recently enhanced their Occupational Mobility Explorer, an online tool that allows users to learn how to transfer skills to higher-paying jobs. ...
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The Securities and Exchange Commission (SEC) has charged 12 financial firms for recordkeeping violations. The 12 financial firms, which include broker-dealers, investment advisers, and one dually r...
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The Inter-Agency Working Group on Treasury Market Surveillance (IAWG) issued a progress report to highlight the steps its members have taken to enhance the resilience of the U.S. Treasury market. ...
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The Commodity Futures Trading Commission (CFTC) approved final guidance on the trading of voluntary carbon credit derivative contracts. The guidance outlines factors for designated contract market...
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The Consumer Financial Protection Bureau (CFPB), an agency that implements and enforces federal consumer financial law, recently issued a proposed rule for certain international money transfers or rem...
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U.S. Sen. Jeanne Shaheen (D-NH) helped secure the inclusion of key provisions for small businesses in the Senate FY 2025 National Defense Authorization Act (NDAA) manager’s package. The manager...
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The U.S. House of Representatives Sept. 19 approved a comprehensive investor reform package that includes a provision to require the Securities and Exchange Commission (SEC) to report on the effects o...
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The U.S. House of Representatives advanced legislation last week that targets changes to financial regulations. The Prioritizing Economic Growth Over Woke Policies Act (H.R. 4790), is a package of ...
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