The Commodity Futures Trading Commission (CFTC) put out an advisory on how the commission’s Division of Enforcement will evaluate self-reporting, cooperation, and remediation when recommending enfor...
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U.S. Sens. Jerry Moran (R-KS) and Mark Warner (D-VA) introduced a bill in the senate that would ensure that federal broadband deployment funding will not be considered taxable income. Currently, gr...
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U.S. Reps Jimmy Panetta (D-CA) and Mike Kelly (R-PA) introduced legislation that seeks to incentivize homeowners to sell their properties, increasing the housing supply and alleviating affordability c...
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J.P. Morgan is expanding its private credit commitment, allocating $50 billion from its balance sheet, along with nearly $15 billion from multiple co-lenders. The strategic move – announced at th...
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U.S. Rep. Barry Loudermilk (R-GA) introduced legislation that would prohibit the Securities and Exchange Commission (SEC) from requiring that personally identifiable information be collected under con...
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The Securities and Exchange Commission (SEC) created a new unit that focuses on combatting cyber-related misconduct as it relates to investors. Specifically, the newly established Cyber and Emergin...
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A group of Republicans in the House are seeking answers from the Federal Deposit Insurance Corporation (FDIC) on its plans related to the digital asset activities of regulated financial institutions. ...
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U.S. Rep. Brian Fitzpatrick (R-PA) introduced bipartisan legislation that seeks to help families access quality and affordable child care. The bill, the Affordable Child Care Act, would double thre...
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U.S. Reps. Guy Reschenthaler (R-PA) and Dina Titus (D-NV) introduced legislation that would repeal the 0.25 percent excise tax placed on all legal sports bets, known as the “handle tax.” “The...
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A group of senate Democrats, led by Senate Finance Committee Ranking Member Ron Wyden (D-OR) are warning the Trump administration officials that staffing reductions at the Internal Revenue Service (IR...
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Last year was a record year for trading volume for corporate bonds, municipal bonds and agencies trading on ICE Bonds, according to the Intercontinental Exchange. Specifically, trading on ICE Bonds...
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U.S. Sens. Elizabeth Warren (D-MA) and Rick Scott (R-FL) expressed their concerns to Federal Reserve Board Chair Jerome Powell over what they see as a lack of accountability for Federal Reserve offici...
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A group of financial associations, including the Bank Policy Institute, applauded Congressional leaders for recent resolutions calling for the Consumer Financial Protection Bureau’s (CFPB) overdraft...
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U.S. Senate Majority Leader John Thune (R-SD) was among 45 senators who introduced a bill on Feb. 13 that would repeal the federal estate tax. The Death Tax Repeal Act, S. 587, would end that estate ...
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California Insurance Commissioner Ricardo Lara said on Feb. 13 that more than $6.9 billion has been paid to survivors of the state’s devastating wildfires that hit the Los Angeles area last month. ...
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The New York Stock Exchange is launching a new exchange, NYSE Texas. NYSE Texas is a fully electronic equities exchange that will be based in Dallas. Pending approvals, NYSE Chicago will reincorporat...
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U.S. Sen. Tim Scott (R-SC) introduced legislation that would extend the filing deadline for businesses to report beneficial ownership information (BOI). The Corporate Transparency Act established ne...
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The U.S. Senate Committee on Small Business and Entrepreneurship approved a bill on Feb. 10 that would extend the life of the watchdog group tasked with tracking down criminals who stole COVID relief ...
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U.S. Reps. Greg Steube (R-FL) and Kat Cammack (R-FL) introduced legislation in the U.S. House of Representatives on Feb. 10 that seeks to expand access to Health Savings Accounts (HSAs). The Affordab...
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U.S. Rep. Claudia Tenney (R-NY) introduced legislation that would make the New Markets Tax Credit (NMTC) permanent. The New Markets Tax Credit Extension (NMTC) Act, H.R. 1103, would make the NMTC per...
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