Legislation designed to create a safety net program at the U.S. Department of Veterans Affairs to end veteran homelessness is headed to President Donald Trump’s desk for signature, legislators recen...
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President Donald Trump on Friday signed into law the nation’s first piece of landmark legislation to regulate stablecoins, as leaders work to position the United States as the crypto capital of the ...
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The federal bank regulatory agencies—including the Federal Deposit Insurance Corporation (FDIC), Federal Reserve, and Office of the Comptroller of the Currency—are proposing to rescind the Communi...
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The U.S. Senate Committee on Small Business and Entrepreneurship advanced two bills sponsored by committee Chair Sen. Joni Ernst (R-IA) bills. One is the Made in America Manufacturing Act, which al...
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U.S. Sens. Ron Wyden (D-OR) and Michael Bennet (D-CO), and U.S. Rep. Don Beyer (D-VA), have reintroduced legislation that would reform the unemployment insurance. The legislation, the Unemployment...
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Jonathan Gould was sworn in this week as the 32nd Comptroller of the Currency. Gould was nominated for the seat by President Donald Trump on February 11 and the U.S. Senate confirmed him on July 10...
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The board of the Federal Deposit Insurance Corporation (FDIC) approved a proposal that would amend the agency’s guidelines for appeals of Material Supervisory Determinations. This proposal calls...
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The Securities Industry and Financial Markets Association (SIFMA) released the results of its biannual survey of economists on a range of economic issues. The survey data comes from SIFMA’s Econo...
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Huntington Bancshares is acquiring Veritex Holdings, a bank holding company headquartered in Dallas. The acquisition will expand the Columbus, Ohio-based bank into the Dallas/Fort Worth and Housto...
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The Consumer Financial Protection Bureau (CFPB) reached a settlement with FirstCash and 19 of its subsidiaries over alleged violations of the Military Lending Act (MLA). FirstCash owns and operates...
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The three leading trade associations representing the U.S. digital asset industry are urging the U.S. House of Representatives to pass the Digital Asset Market Clarity (CLARITY) Act. The CLARITY Ac...
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The Securities and Exchange Commission said Newnan, Georgia-based First Liberty Building & Loan, LLC and its owner Edwin Brant Frost IV have been charged with defrauding some 300 investors as part of ...
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More than $1 trillion was lost worldwide as a consequence of financial scams in 2024, according to a Senate Joint Economic Committee – Minority report. The scams are a larger illicit industry th...
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This week has been dubbed Crypto Week in the U.S. House of Representatives as the legislative body will consider three cryptocurrency related bills. The first is the CLARITY Act, which seeks to es...
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U.S. Sens. Todd Young (R-IN), Ruben Gallego (D-AZ), Jim Risch (R-ID) and Tammy Duckworth (D-IL) reintroduced legislation on July 10 to increase investment in small businesses. The legislation, the...
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The Federal Reserve Board is seeking feedback on a proposal to revise its supervisory rating framework for large banks. The proposal addresses the "well managed" status of these firms. Specifically...
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Two men were recently charged in the District of Puerto Rico for their alleged roles in operating and promoting OmegaPro, an international investment scheme that defrauded victim investors of more tha...
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The Commodity Futures Trading Commission issued guidance describing its plan to address criminally liable regulatory offenses. The advisory outlines the framework to be followed when the Division ...
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The Financial Industry Regulatory Authority (FINRA) released its annual statistical report on registered representatives, brokerage firms and market activity that FINRA oversees. The 2025 FINRA Ind...
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A new report examines how fragmentation in global financial regulation puts competition, economic growth and financial system resilience at risk. The paper, published by the Bank Policy Institute, ...
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