U.S. Sen. Tim Scott (R-SC) and U.S. Rep. French Hill (R-AR) are seeking answers about the China state-sponsored cybersecurity breach at the U.S. Department of Treasury. In a letter to Treasury Sec...
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President Joe Biden on Friday blitzed Nippon Steel Corp.’s proposed $14.9 billion bid to buy Pittsburgh-based US Steel Corp., calling the potential acquisition a threat to national security that cou...
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New York State’s cannabis industry recently hit a huge milestone, surpassing more than $1 billion in retail sales, announced Gov. Kathy Hochul. “Earlier this year, my administration took critic...
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The California Department of Insurance (CDI) on Monday released the final Net Cost of Reinsurance in Ratemaking Regulation, which requires insurance companies for the first time to increase coverage i...
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A newly proposed bill in Congress would modernize the deposit insurance framework for business payment accounts to better support America’s small businesses. U.S. Rep. Maxine Waters (D-CA), the t...
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The Federal Reserve Board will seek public comment on changes to improve the transparency of its bank stress tests and reduce the volatility of capital buffer requirements. The stress tests evaluat...
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U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) raised concerns with the Federal Reserve about the growing risks posed by the private credit market. In a letter to Federal Reserve Chair Jerom...
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Companies across America would have the ability to contribute to the Health Savings Accounts (HSAs) of independent contractors without making them full-time employees under legislation being drafted b...
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Newly introduced legislation on Capitol Hill would implement a residence-based taxation system for U.S. citizens currently living overseas. The Residence-Based Taxation for Americans Abroad Act, H....
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The Department of Homeland Security (DHS) issued a final rule that will allow U.S. companies that need seasonal workers to more quickly fill those jobs. The rule will modernize and improve the H-2...
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