The launching of the new Bipartisan Congressional Real Estate Caucus has been embraced by groups across the various industries that intersect with real estate. The group – including the National...
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U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) introduced a draft legislative proposal to address shortages of generic medicines, including chemotherapy drugs and ADHD medications. The proposal ...
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The Securities and Exchange Commission (SEC) filed charges against an audit firm for failures to comply with Public Company Accounting Oversight Board (PCAOB) standards. The SEC charged BF Borgers ...
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A guide to support community banks in managing risks presented by third-party relationships was introduced by federal bank regulatory agencies this week. Community banks engage with third parties ...
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U.S. Sen. John Thune (R-SD) introduced legislation that would prohibit Internal Revenue Service (IRS) employees, volunteers, and contractors from accessing taxpayer information on their personal compu...
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The U.S. Senate passed a bill last week that would stop the Internal Revenue Service (IRS) from imposing fines and penalties on American hostages and wrongful detainees for late tax payments while the...
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Two bills sponsored by U.S. Rep. Morgan McGarvey (R-KY) were unanimously passed in the U.S. House of Representatives this week. Both of the bills are targeted at helping small businesses. One of th...
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A new report from the Consumer Financial Protection Bureau (CFPB) details the complex costs and fees in health savings accounts. A health savings account is a tax-advantaged account that generally...
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The U.S. House of Representatives unanimously approved this week a bipartisan bill sponsored by U.S. Reps. Dan Meuser (R-PA) and Hillary Scholten (D-MI) that seeks to incentivize greater private capit...
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The U.S. Commodity Futures Trading Commission (CFTC) approved final rules to amend its large trading reporting regulations for futures and options. The regulations require futures commission mercha...
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The Federal Housing Finance Agency (FHFA) released a new final rule on equitable housing finance plans this week. The new final rule is related to its Fair Lending, Fair Housing, and Equitable Housin...
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The U.S. Department of the Treasury, the Department of Energy (DOE), and the Internal Revenue Service (IRS) have provided more information on the Qualifying Advanced Energy Project Tax Credit. This k...
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Republic First Bank became the first bank to fail this year, as the Pennsylvania Department of Banking and Securities (DoBS) took possession of the Philadelphia-based bank last week. Citing its “un...
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A new white paper on redefining finance for a sustainable world was released last week by the Association of International Certified Professional Accountants (AICPA) and the Chartered Institute of Man...
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U.S. Sens. Deb Fischer (R-NE) and Angus King (I-ME) are urging the U.S. Department of Labor (DOL) to raise awareness of the Paid Family and Medical Leave (PFML) tax credit. Fischer and King led the...
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U.S. Rep. Jason Smith (R-MO), chair of the House Ways and Means Committee, and Rep. Mike Kelly (R-PA), chair of the House Tax Subcommittee have led the formation of 10 Committee Tax Teams, comprised o...
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The Securities and Exchange Commission (SEC) published a new report this week of Registered Fund Statistics. The report, which will be updated on a quarterly basis, is designed to provide the publi...
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The U.S. Department of Labor (DOL) has finalized its Retirement Security Rule, which updates the definition of an investment advice fiduciary. The final rule requires trusted investment advice provid...
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CME Group, the leading derivatives marketplace, is set to launch trading for its new credit futures contracts on June 17, pending regulatory reviews. CME Group’s credit futures will be the first fu...
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The total number of loans now in forbearance remained unchanged in March, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. According to the report, 110,000 home...
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