The Institute of American Auditors (IAA) has released a report examining the need to bolster industry agility and innovation. Officials said the examination addresses both topics on multiple fronts...
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U.S. Rep. Steve Chabot (R-OH) is lauding the recent establishment of new Department of Treasury and Internal Revenue Service small business deduction guidelines. Chabot, U.S. House Committee on Sma...
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The Wells Fargo / Gallup Small Business Index maintains the optimism level of small-business owners is higher than at any point in the survey’s 15-year history. The latest quarterly survey, which...
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Insured Retirement Institute (IRI) officials are encouraging the Securities and Exchange Commission (SEC) to proceed with a regulation requiring financial professionals act in their clients’ best i...
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Automotive industry organizations are lending support to a measure designed to reform the tariff process under Section 232 of the Trade Expansion Act of 1962 and increase congressional oversight. S...
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The American Land Title Association (ALTA) is commending the Department of the Treasury’s effort to enhance the electronic closing and recording process. Treasury officials consulted with ALTA in...
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Sen. Sherrod Brown (D-OH) recently expressed criticism over an administrative plan to grant national charters to online lenders. Brown, ranking member of the Senate Committee on Banking, Housing, a...
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The Credit Union National Association (CUNA) released a statement Monday regarding the proposed Payday Alternative Loans (PAL) II rule, supporting expanded opportunities to provide small-dollar, short...
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Seven Michigan credit unions are seeking to establish a new limited purpose financial institution designed to provide trust services primarily to credit union members. “We have a long way to go ...
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Robert G. Jones has been appointed chairman of the American Bankers Association’s American Bankers Council for the 2018-2019 membership year. “Midsize banks are critical economic drivers, and t...
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The Federal Reserve Board has issued a consent order against a Kentucky-based financial institution for unfair and deceptive practices. Officials said the consent order requires Community Trust Ban...
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The Credit Union National Association (CUNA) is supporting House passage of legislation authorizing the extension of the National Flood Insurance Program (NFIP) an additional four months. Officials...
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A measure designed to combat potential terrorist use of digital currencies advanced the House Financial Services Committee passage. The Financial Technology Protection Act, introduced by Rep. Ted B...
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A bill designed to provide home buyers more options for more competitive mortgage interest rates has gained House Financial Services Committee approval. Officials said the Mortgage Fairness Act, in...
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The Commodity Futures Trading Commission (CFTC) has approved a proposal designed to aid registrants and market participants by simplifying complex notification provisions. The Commission unanimousl...
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Maryland Insurance Administration (MIA) will continue to investigate and prosecute individuals and businesses committing insurance fraud, the administration recently announced. During the first ha...
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Sens. Elizabeth Warren (D-MA), Cory Booker (D-NJ), and Sherrod Brown (D-OH) recently forwarded correspondence to the Financial Industry Regulatory Authority (FINRA) as means of gaining clarity regardi...
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Sens. Orrin Hatch (R-UT) and Ron Wyden (D-OR) introduced last week a measure designed to reform certain administrative practices at the Internal Revenue Service (IRS). The legislation is based on t...
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Paul Watkins has been chosen to lead the Consumer Financial Protection Bureau’s (CFPB) new Office of Innovation. Bureau Acting Director Mick Mulvaney recently announced the decision, citing Watki...
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The National Venture Capital Association (NVCA) is lauding House advancement of the JOBS and Investor Confidence Act of 2018 by a vote of 406-4. “The JOBS and Investor Confidence Act of 2018 is ...
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