The U.S. Treasury Department recently issued the final rules for the Clean Electricity Investment and Production Tax Credits. The tax credits, also known as the technology-neutral credits, encourag...
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The Purdue University/CME Group Ag Economy Barometer dropped 9 points in December as both the current conditions and future outlook indexes fell. The overall barometer reading dropped to 136, wit...
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Experian does not adequate investigate consumer disputes, the Consumer Financial Protection Bureau (CFPB) claimed in a lawsuit filed against the credit reporting agency. In a lawsuit filed in the ...
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U.S. Reps. Adrian Smith (R-NE) and Nathaniel Moran (R-TX) introduced legislation that seeks to rescind unobligated funding to the Internal Revenue Service from the Inflation Reduction Act. Specific...
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The Independent Community Bankers of America released its new plan for the incoming Congress and the Trump administration on Tuesday. The plan, titled “Repair, Reform and Thrive” addresses the...
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Michael Barr is stepping down from his position as Federal Reserve Board Vice Chair for Supervision, the Federal Reserve Board announced on Monday. Barr will leave that post effective Feb. 28. The ...
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The Consumer Financial Protection Bureau (CFPB) took legal action against a mortgage company over alleged illegal practices related to financing manufactured homes. The CFPB sued Vanderbilt Mortgag...
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HSBC United States recently announced the appointment of Lisa McGeough as president and CEO. She is the first woman CEO in the region in over a decade, and only the second in the company’s 150-ye...
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The U.S. Department of the Treasury issued final rules this week for the section 45V Clean Hydrogen Production Tax Credit. The final rules for the clean hydrogen tax credit, established by the Infl...
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The U.S. Department of the Treasury and the Federal Housing Finance Agency (FHFA) have amended the preferred stock purchase agreements (PSPAs) between Treasury and Fannie Mae and Freddie Mac. The a...
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U.S. Sen. Tim Scott (R-SC) and U.S. Rep. French Hill (R-AR) are seeking answers about the China state-sponsored cybersecurity breach at the U.S. Department of Treasury. In a letter to Treasury Sec...
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The Small Business Administration recently announced the addition of four lending institutions to the small business lending network. SBA Administrator Isabel Casillas Guzman said the SBA had gran...
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President Joe Biden on Friday blitzed Nippon Steel Corp.’s proposed $14.9 billion bid to buy Pittsburgh-based US Steel Corp., calling the potential acquisition a threat to national security that cou...
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SouthState Corp. acquired Independent Bank Group and had merged with Independent Financial effective Jan. 1, the companies said Thursday. Independent Bank has merged into SouthState, making the tot...
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New York State’s cannabis industry recently hit a huge milestone, surpassing more than $1 billion in retail sales, announced Gov. Kathy Hochul. “Earlier this year, my administration took critic...
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The Atlanta Federal Reserve recently promoted Michael Williams to senior vice president and head of Operations for Federal Reserve Financial Services (FRFS). Previously, Williams was vice president...
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The board of the National Credit Union Administration (NCUA) approved an investment pilot program on Monday that would allow complex federal credit unions to invest in a series of non-registered inves...
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The California Department of Insurance (CDI) on Monday released the final Net Cost of Reinsurance in Ratemaking Regulation, which requires insurance companies for the first time to increase coverage i...
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Republican members of the U.S. Senate Banking, Housing, and Urban Affairs Committee worked together during the current Congress to promote economic opportunity and capital formation, put more American...
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