The Credit Union National Association (CUNA) recently joined several organizations in opposing Durbin Amendment expansion, stating that caps on interchange fees would negatively impact the payments ec...
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U.S. Sens. Alex Padilla (D-CA) and Dianne Feinstein (D-CA), and U.S. Reps. Jared Huffman (D-CA) and Judy Chu (D-CA) introduced legislation last week to provide tax relief for homeowners receiving wate...
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The Commodity Futures Trading Commission (CFTC) is pleased with the U.S. Court of Appeals for the Ninth Circuit's decision to reaffirm recent anti-fraud enforcement action. The court affirmed a pr...
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A group of lawmakers recently introduced the Encouraging Americans to Save Act, designed to help working and middle-class families save for retirement. The legislation was introduced by U.S. Sens. ...
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U.S. Rep. Bill Posey (R-FL) and U.S. Sen. Marco Rubio recently reintroduced the Flood Insurance Rate Map Interagency Technology or (FIRM IT) Act, which seeks to improve National Flood Insurance Progra...
Read MoreA group of legislators recently introduced a measure they said seeks to aid higher education affordability and access. U.S. Sens. Sheldon Whitehouse (D-RI), Ron Wyden (D-OR), Patty Murray (D-WA), M...
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U.S. Sens. Tim Scott (R-SC) and Joe Manchin (D-WV) recently reintroduced legislation that seeks to expand credit access for those with no credit history or one that is too scarcely populated to genera...
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The Consumer Banking Association (CBA) is advocating for the modernization of the Community Reinvestment Act (CRA). The position stems from the Office of the Comptroller of the Currency's (OCC) rec...
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U.S. Reps. Lloyd Smucker (R-PA) and Salud Carbajal (D-CA) reintroduced the Home For The Brave Act of 2021, which addresses veteran homelessness while bolstering disabled veterans' housing program acce...
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U.S. Reps. Tim Walberg (R-MI), Michael C. Burgess (R-TX), Rick Allen (R-GA), and Virginia Foxx (R-NC) introduced Tuesday the Association Health Plans Act of 2021, which would expand small business hea...
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U.S. Sens. Mark R. Warner (D-VA, Mike Braun (R-IN), John Hickenlooper (D-CO), and Elizabeth Warren (D-MA) recently introduced legislation that would enable the "reverse transferring" of college credit...
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The American Bankers Association (ABA) recently announced that Washington Federal Bank President and CEO Brent Beardall has been appointed chairman of the organization's American Bankers Council. B...
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Bank Policy Institute (BPI) and Consumer Bankers Association (CBA) personnel expressed favoring banks providing digital-assets products and services in response to the Federal Deposit Insurance Corpor...
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Findings from a recently released study conducted by the Investment Company Institute (ICI) and BrightScope showed employer contributions to be common in 401(k) plans. "The BrightScope/ICI Defined ...
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U.S. Rep. Carolyn B. Maloney (D-NY) and Sen. Chris Van Hollen (D-MD) have reintroduced a measure they said seeks to address an existing loophole enabling corporate executives to trade before the infor...
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An American Property Casualty Insurance Association (APCIA) report maintains the combination of building supply shortages and supply chain concerns will compound challenges derived from storm and wild...
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U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI), members of the Senate Committee on Finance, are requesting an investigation into a report alleging the wealthiest individuals use lega...
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U.S. Sens. Susan Collins (R-ME) and Jack Reed (D-RI) recently introduced the Partnerships for Affordability and Student Success (PASS) Act as a means of making higher education more affordable, access...
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According to a recent report by PitchBook and the National Venture Capital Association (NVCA), venture capital activity increased across the ecosystem during the first half of the year. The PitchBo...
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A recently released National Association of Federally-Insured Credit Unions (NAFCU) Macro Data Flash report determined total consumer credit increased 10 percent in May. Additionally, the analysis ...
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