Mortgages backed by commercial properties saw delinquency rates rise in the fourth quarter, according to the Mortgage Bankers Association's (MBA) latest commercial real estate finance (CREF) Loan Perf...
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The Intercontinental Exchange (ICE) is establishing an environmental registry technology service to bring best in class infrastructure to registries and support the adoption of carbon credits as an as...
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Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), is launching a series of public roundtables on evolving trends and innovation. The roundtable discussions will ce...
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A bill that would repeal the Biden-era Superfund Tax targeting chemical manufacturers was introduced last week by House Republicans. The bill would amend the Internal Revenue Code of 1986 to repeal...
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U.S. Rep. Dan Meuser (R-PA) legislation aimed at addressing China's "opaque and manipulative currency practices." The China Exchange Rate Transparency Act (H.R. 692) directs the United States exec...
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U.S. Sens. Elizabeth Warren (D-MA) and Jack Reed (D-RI) sent inquiries to the largest U.S. banks seeking information on why deposit interest rates were much lower than loan interest rates. The la...
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A bipartisan group of U.S. senators introduced a bill that seeks to authorize the president to negotiate a tax agreement with Taiwan to provide broader bilateral tax relief. The senate bill is co...
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The New York State Department of Financial Services has proposed regulations to enhance consumer protections against unfair overdraft fees. The proposed regulations ensure consumers will no longer ...
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U.S. Rep. Mike Carey (R-OH) introduced a resolution in the House that would roll back the Internal Revenue Service’s Digital Assets Sale and Exchanges Rule. The rule requires custodial brokers to...
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Republicans on the U.S. House Ways and Means Committee introduced legislation that would cancel the countries involvement in the Organization for Economic Co-operation and Development (OECD) global ta...
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Mark Uyeda, acting chairman of the Securities and Exchange Commission (SEC), recently launched a crypto task force at the entity. The task force will look to develop a comprehensive and clear regul...
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The Managed Funds Association (MFA) recommended four policies for the new acting chairman of the Securities and Exchange Commission (SEC). In a letter to acting SEC Chair Mark Uyeda, MFA suggested ...
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President Donald Trump named Travis Hill as the acting chairman of the Federal Deposit Insurance Corporation (FDIC). Hill previously worked at the FDIC from 2018 to 2022, as deputy to the chairman ...
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The National Credit Union Administration (NCUA) released an analysis of statistics for overdraft and non-sufficient funds (NSF) fees. The research note highlighted two main statistical observations...
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U.S. Sen. Cindy Hyde-Smith (R-MS) and U.S. Rep. Andy Barr (R-KY) introduced a bill that seeks to increase the approval for new banks, particularly in rural and underserved areas. The Promoting New ...
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The Conference of State bank Supervisors (CSBS) announced that 48 state financial regulators took enforcement action against Block, Inc., for BSA/AML violations. CSBS said that Block violated the B...
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U.S. Sen. Tim Scott (R-SC), chairman of the Senate Committee on Banking, Housing, and Urban Affairs, laid out his legislative and oversight priorities for the 119th Congress. As the first Black ch...
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U.S. Rep. Blake Moore (R-UT) introduced legislation that would update and increase the Child Tax Credit (CTC) and provide a new tax credit for pregnant mothers. Specifically, the Family First Act w...
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The American Bankers Association (ABA) outlined its top policy priorities in its 2025 Blueprint for Growth. The 2025 Blueprint for Growth focuses on three overarching policy priorities: Drive a hea...
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The Federal Reserve Bank of New York released the results of its Survey of Consumer Expectations for December. Prepared by the NY Fed’s Center for Microeconomic Data, the survey shows that infla...
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