Recent findings derived from a PNC Financial Services Group survey revealed sandwich generation members have been unable to build emergency savings and retirement balances due to supporting other fam...
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As a means of evaluating the effects of financial regulatory reforms on the provision of financing small and medium-sized enterprises (SMEs), the Financial Stability Board (FSB) is seeking stakeholde...
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Housing and Urban Development (HUD) officials said efforts to expand a Federal Housing Administration (FHA) pilot program will expedite the affordable housing tax credits funding process. The Low-...
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A group of lawmakers are seeking clarity with regard to the Federal Reserve's framework for consolidated supervision of large financial institutions. Sens. Thom Tillis (R-NC), Mike Crapo (R-ID), D...
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On the heels of recently released survey findings determining student loans should carry clear, plain-language disclosures about the total costs, the Consumer Bankers Association (CBA) is advocating ...
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The Securities and Exchange Commission (SEC) is exploring an expansion of the test-the-waters accommodation to all issuers, including investment company issuers. Officials said the action would pe...
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Sens. Susan Collins (R-ME) and Angus King (I-ME) recently composed legislation designed to aid Americans in addressing student loan debt. The Employer Participation in Repayment Act would enable e...
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The Financial Industry Regulatory Authority (FINRA) has offered a detailed review of effective information-security controls at securities firms via its Report on Selected Cybersecurity Practices - 2...
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Sens. Mark R. Warner (D-VA) and John Thune (R-SD) have crafted a measure designed to aid Americans in addressing student loan debt. The Employer Participation in Repayment Act would enable employer...
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Sen. Maxine Waters (D-CA) recently forwarded correspondence to Patrick McHenry (R-NC), ranking member of the House Financial Services Committee expressing optimism about potential accomplishments. ...
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Sens. Ron Wyden (D-OR) and Roy Blunt (R-MO) recently introduced a measure designed to ensure continued growth of the nation's craft beverage industry. The Craft Beverage Modernization and Tax Refor...
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Recently released Investment Company Institute (ICI) study findings maintain over 75 percent of Americans expressed confidence in defined contribution (DC) accounts to aid in meeting retirement goals....
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The Online Lenders Alliance (OLA) has offered input concerning the Consumer Financial Protection Bureau’s (CFPB) intent to revisit portions of the Small Dollar Rule. “We support a well-regulate...
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Rep. Maxine Waters (D-CA) has expressed concerns with the Consumer Financial Protection Bureau’s (CFPB) decision to reconsider its rule designed to halt payday loan abuses. The CFPB is proposing ...
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Credit Union National Association (CUNA) officials are reaffirming advocacy of a national data security framework, maintaining data security and privacy must be a national security priority. CUNA i...
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The J.D. Power 2019 U.S. Retail Banking Advice Study maintains big banks are outpacing regional banks concerning financial advice. The survey, which is now in its second year, measures retail banki...
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Rep. Bob Latta (R-OH) introduced last week legislation targeting increased senior access to health savings accounts (HSAs). The Stop Penalizing Working Seniors Act seeks to expand HSA access while ...
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An American Institute of CPAs (AICPA) released report encourages finance industry professionals to bolster their skills to account for the impact of artificial intelligence, robotic process automation...
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The American Institute of CPAs (AICPA) forwarded correspondence Tuesday to the Department of the Treasury and Internal Revenue Service (IRS), seeking taxpayer penalty relief regarding withholding adju...
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The Consumer Bankers Association (CBA) has forwarded correspondence to a pair of lawmakers in support of the Transparency in Student Lending Act. Sen. Mike Enzi (R-Wyo.) and Rep. John Curtis (R-Uta...
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