U.S. Reps. Lloyd Doggett (D-TX) and Mike Kelly (R-PA) have introduced bipartisan legislation aimed at improving access to college financial assistance. The legislation, H.R. 2543, would make any port...
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Activist investor firm Ancora Holdings Group and Chairman and CEO Fred DiSanto on April 7 filed a lawsuit against U.S. Steel Corp. in Ohio’s Cuyahoga County Court of Common Pleas for making defamato...
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U.S. Sen. John Kennedy (R-LA) and U.S. Rep. Andy Barr (R-KY) introduced a joint resolution of disapproval to nullify a final rule issued by the Office of the Comptroller of the Currency (OCC) related ...
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A coalition of U.S. senators is asking the U.S. Department of Justice (DOJ) to reverse course on its recent decision to disband the National Cryptocurrency Enforcement Team (NCET). In an April 10 let...
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U.S. Sens. Jack Reed (D-RI) and Bill Hagerty (R-TN) introduced legislation that seeks to reduce spam calls, texts, and emails from irresponsible players in the mortgage industry. The Homebuyers Priva...
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The U.S. House of Representatives passed a continued resolution to overturn the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft fees. The resolution passed the Senate last ...
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Legislation introduced by U.S. Sens. Thom Tillis (R-NC) and Raphael Warnock (D-GA) would modernize the taxation of debt investments held by life insurers, officials said. The legislation, the Secu...
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Financial institutions filed 1,246 Bank Secrecy Act (BSA) reports identifying suspected fentanyl-related activity in 2024, according the U.S. Department of the Treasury’s Financial Crimes Enforcemen...
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U.S. Reps. Andy Barr (R-KY) and Ritchie Torres (D-NY) introduced legislation that would prohibit federal banking regulators from using “reputational risk” as a justification to deny financial serv...
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Community bankers’ confidence in future business conditions is decreasing, according to the Community Bank Sentiment Index’s (CBSI) first quarter 2025 results. The Conference of State Bank Supe...
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Caroline Pham, acting chair of the Commodity Futures Trading Commission (CFTC), praised a new policy by the Justice Department policy that ends the practice of regulation by prosecution in the digital...
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U.S. Rep. French Hill (R-AR) introduced a bill this week that would update the contribution rules for Health Savings Accounts (HAS). The HSA Spouse Catch-Up Act, cosponsored by Rep. Greg Steube (R...
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Insurance group the American Property Casualty Insurance Association (APCIA) weighed in on proposed Texas legislation that would change its insurance marketplace recently, saying the state can improve...
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There was a notable cooling in the growth of home prices in March, according to the latest ICE Home Price Index (HPI), produced by the Intercontinental Exchange. Data shows that annual home price ...
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Banking customers are overwhelmingly pleased with their banks according to a new survey conducted by Morning Consult for the American Bankers Association (ABA). The survey found that 89 percent of ...
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Activist investment firm Ancora Holdings Group LLC on Monday said it filed a proxy statement with the U.S. Securities and Exchange Commission to nominate nine candidates for election to U.S. Steel’s...
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The U.S. Department of Housing and Urban Development (HUD) has informed grantees and stakeholders that federal housing assistance will no longer be granted to illegal aliens or sanctuary cities. H...
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The Commodity Futures Trading Commission (CFTC) has tapped Rahul Varma to serve as the acting director of the Division of Market Oversight (DMO). “Rahul has ably served the CFTC for more than a d...
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As markets continued to fall in reaction to President Donald Trump’s tariffs, U.S. Sen. Elizabeth Warren (D-MA) and Senate Banking Committee Democrats called on Republicans to stop Trump’s use of ...
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A bill that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC) was passed out of the House Financial Services Committee last week. The Anti-CBDC Surveillance Stat...
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