The Federal Reserve Bank of St. Louis tapped Alberto Musalem as its next president and CEO, effective April 2. Musalem succeeds Jim Bullard, who resigned from his role in July 2023 after 15 years ...
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U.S. Sens. Elizabeth Warren (D-MA), Richard Blumenthal (D-CT), and Bernie Sanders (I-VT), along with U.S. Rep. Katie Porter (D-CA) reached out to tax filing company Intuit, seeking a full accounting o...
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The Association of International Certified Public Accountants (AIPCA) recently released its 2023 Trends Report, which featured some interesting findings related to the talent gap in the field. It ...
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The Securities Industry and Financial Markets Association (SIFMA), and the SIFMA Asset Management Group (AMG) voiced their concerns over the Department of Labor’s proposed rule regarding investment ...
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The Consumer Bankers Association (CBA) has weighed in on the Consumer Financial Protection Bureau's (CFPB) proposed rule on personal financial data. The rule would implement section 1033 of the Dod...
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The Independent Community Bankers of America (ICBA) is urging the Consumer Financial Protection Bureau (CFPB) to exempt certain community banks from proposed standards for sharing consumer financial d...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has started to accept beneficial ownership information reports, in accordance with the Corporate Transparency Act....
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One individual and three entities were designated by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) as being responsible for facilitating the flow of Iranian financial assi...
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The U.S. District Court for the District of New Jersey issued a default order of final judgment against Illinois-based Valdas Dapkus on Nov. 28, according to the Commodity Futures Trading Commission (...
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A new report from the U.S Treasury has found that the purchasing power of Americans has now surpassed pre-pandemic levels. The Treasury’s analysis explores the interplay of wages, employment, and...
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The National Association of Federally-Insured Credit Unions (NAFCU) reached out to the National Credit Union Administration (NCUA) on its proposed regulations governing share insurance coverage. In...
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The U.S. Department of the Treasury issued a request for information (RFI) to gather input to develop a national strategy for financial inclusion. The Treasury Department began work on a financial...
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U.S. Sen. Shelley Moore Capito (R-WV) is seeking information from the U.S Treasury Department on designated foreign terrorist organizations (FTOs) financing terrorist activities with crypto assets. ...
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The Federal Housing Finance Agency (FHFA) released its Foreclosure Prevention and Refinance Report for the third quarter. The report shows that Fannie Mae and Freddie Mac, or the enterprises, comp...
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A coalition of Republican members of the Financial Services Committee Capital Markets Subcommittee voiced their opposition to the Securities and Exchange Commission’s (SEC) recent proposal to prohib...
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U.S. Reps. Patrick McHenry (R-NC) and Mike Flood (R-NE) are leasing an effort in the House to have the comment period extended for a proposed rule by the Consumer Financial Protection Bureau (CFPB). ...
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The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) updated the asset–size thresholds used to define “small bank” and “intermediate small bank” under their current...
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U.S. Rep. Andy Barr (R-KY) introduced legislation to amend the unfair, deceptive, acts and practices (UDAAP) authority granted to the Consumer Financial Protection Bureau (CFPB) through the Dodd-Frank...
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A group of Republican members of Congress are urging the U.S Treasury and its Financial Crimes Enforcement Network (FinCEN) to delay in the implementation of new beneficial ownership reporting require...
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U.S. Rep. Lou Correa (D-CA) led more than 20 of his House colleagues in urging President Joe Biden to insist that European Union (EU) policymakers administer and enforce their digital policies fairly....
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