The Department of the Treasury's Federal Insurance Office (FIO) has released its Annual Report on the Insurance Industry, detailing the varied industry elements. The FIO is mandated by the Dodd-Fra...
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A Consumer Financial Protection Bureau (CFPB) report maintains credit card debt fell to $811 billion by the second quarter of 2020, from a peak of $926 billion in 2019. “While public and privat...
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A pair of lawmakers introduced legislation they said seeks to update the Qualified Performing Artist (QPA) tax deduction. Sens. Mark R. Warner (D-VA) and Bill Hagerty (R-TN) recently detailed the m...
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The Securities and Exchange Commission (SEC) is proposing Form N-PX amendments addressing information mutual funds, exchange-traded funds, and other funds report regarding proxy votes. “This pro...
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Financial Industry Regulatory Authority (FINRA) officials said the organization has partnered with a pair of entities as a means of providing additional investor protection. FINRA, the North Americ...
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The Public Company Accounting Oversight Board (PCAOB) is seeking additional input regarding a proposal seeking to strengthen requirements for audits involving multiple audit firms. The PCAOB has is...
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A group of lawmakers have reintroduced a measure they said seeks to aid Americans in claiming over $26 billion in unredeemed savings bonds. Sens. Marco Rubio (R-FL) and John Kennedy (R-LA) have joi...
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The Futures Industry Association's (FIA) recently released report on climate-related policy and other efforts to combat climate change showed the private sector has made an impact. FIA's 2021 Susta...
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Independent Community Bankers of America (ICBA) officials said the organization remains in opposition to congressional efforts allowing the IRS to collect consumer financial account information. â€...
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A group of lawmakers have forwarded correspondence to the Biden Administration encouraging capitalism reformation in which short-term profits and shareholder primacy no longer take center stage. Se...
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Rep. Lloyd Doggett (D-TX) is seeking to include the Tax Free Pell Grants Act in the House Ways and Means Committee’s portion of the Build Back Better bill. Doggett, who introduced the Tax Free Pe...
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Two bills sponsored by Rep. Patrick McHenry (R-NC) were included in the fiscal year 2022 National Defense Authorization Act (NDAA), which was approved by the House of Representatives passed. The M...
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Treasury Department officials said the agency's Community Development Financial Institutions Fund (CDFI Fund) has earmarked grants totaling over $10.8 million to help expand financial institution cons...
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A pair of lawmakers have introduced a measure they said seeks to create accessible, universal, portable retirement and investment accounts while also modernizing the nation's retirement system. Sen...
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A pair of lawmakers are soliciting the input of industry professionals regarding efforts to address mental health care barriers. Senate Finance Committee Chairman Sen. Ron Wyden (D-OR) and Finance...
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Sen. Catherine Cortez Masto (D-NV) has introduced a bill she said incentivizes consumer fraud reporting to the Consumer Financial Protection Bureau (CFPB). The Financial Compensation for Consumer F...
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Senate Finance Committee Ranking Member Ron Wyden (D-OR) said the recent allocation of state Medicaid program planning grants would aid those suffering from mental health and substance use crises. ...
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The Mortgage Bankers Association (MBA) has introduced a new policy initiative seeking to reduce the racial homeownership gap. The MBAʻs Building Generational Wealth Through Homeownership would pro...
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The American Property Casualty Insurance Association (APCIA) maintains its recently composed white paper attributes increased claims costs and delays to rising auto accident frequency and auto insuran...
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The Consumer Financial Protection Bureau (CFPB) said the ending of COVID-19 pandemic federal and state relief programs could result in millions of renters suffering previously avoided economic harms. ...
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