The Independent Community Bankers of America released its new plan for the incoming Congress and the Trump administration on Tuesday. The plan, titled “Repair, Reform and Thrive” addresses the...
Read More
The U.S. Department of the Treasury issued final rules this week for the section 45V Clean Hydrogen Production Tax Credit. The final rules for the clean hydrogen tax credit, established by the Infl...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More