The U.S. Small Business Administration (SBA) has begun accepting applications for the Community Navigator Pilot Program, which targets the smallest socially and economically disadvantaged businesses. ...
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A bipartisan group of senators recently launched the Senate Financial Innovation Caucus, promoting financial inclusion, technology, and consumer protection. U.S. Sens. Cynthia Lummis (R-WY), Kyrste...
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U.S. Sens. Mike Crapo (R-ID) and Kevin Brady (R-TX) recently forwarded correspondence to Treasury Secretary Janet Yellen requesting a revised Medicare Hospital Insurance (HI) trust fund insolvency pro...
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U.S. Sens. Rob Portman (R-OH) and Ben Cardin (D-MD) recently introduced the Retirement Security & Savings Act, which would strengthen retirement security while addressing four major opportunities in t...
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A group of lawmakers recently introduced legislation designed to repeal the national debt ceiling. U.S. Sens. Brian Schatz (D-HI), Michael Bennet (D-CO), Chris Van Hollen (D-MD), and U.S. Rep. Bill...
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The American Property Casualty Insurance Association (APCIA) is concerned with two Rhode Island bills that could increase consumer auto costs. The APCIA said the concern stems from H. 6324 and H. 6...
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Senate Committee on Banking, Housing and Urban Affairs Chairman Sherrod Brown (D-OH) is encouraging the Office of the Comptroller of the Currency to review varied cryptocurrency bank charters. In c...
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Senate Finance Committee Republicans have introduced a bill they said is designed to prevent COVID-19 unemployment program fraud while also recovering fraudulently paid benefits. Lawmakers said the...
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Nation Association of Federally Insured Credit Unions (NAFCU) leadership maintains that a modernization and reform initiative must be initiated to ensure credit unions effectively support members. ...
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A recent Credit Union National Association (CUNA) report examines the chief reasons for individuals being unbanked/underbanked and offers recommendations regarding the circumstance. The analysis ou...
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The Office of the Comptroller of the Currency (OCC) recently released a report examining the COVID-19 pandemic's impact on the federal banking system and highlighting various risks. The Semiannual ...
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Federal Deposit Insurance Corporation (FDIC) announced that it is gathering information and soliciting comments from parties regarding insured depository institutions’ (IDI) current and potential di...
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The Federal Reserve Board's recently released report examining the Economic Well-Being of U.S. Households in 2020 examined financial challenges encountered amid the COVID-19 pandemic. In the fourth...
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House Committee on Financial Services Chairwoman Maxine Waters (D-CA) has issued a statement supporting the Senate passing a measure designed to address predatory lending. The measure introduced b...
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The Federal Reserve Board has issued the third extension of a temporarily modified Small Business Administration (SBA) Paycheck Protection Program (PPP) rule. Officials said the action would enable...
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The global provider of data, technology, and market infrastructure Intercontinental Exchange, Inc. (ICE) said it has expanded its environmental, social and governance (ESG) reference data platform to ...
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Senate Committee on Banking, Housing and Urban Affairs Chairman Sherrod Brown (D-OH) and Ranking Member Pat Toomey (R-PA) are espousing the benefits of the Meeting the China Challenge Act of 2021, spe...
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During its recent hearing examining the tax gap and offshoring, the Senate Finance Subcommittee on Taxation and IRS Oversight learned money in offshore accounts is double previous estimates. In res...
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U.S. Rep. Joe Courtney (D-CT) introduced this week the Zero-Percent Student Loan Refinancing Act, which would allow borrowers to refinance federal loans to 0 percent through Dec. 31, 2024. Courtney...
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The Federal Deposit Insurance Corporation (FDIC) has issued its 2021 Risk Review, noting the banking system's comprehensive summary of emerging risks enables policymakers and bankers to mitigate scope...
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