As the tax-exempt status of credit unions is currently being debated in Washington, credit unions are working together to amplify the collective voice of credit unions and preserve their tax-exempt st...
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The U.S. Attorney’s Office filed a complaint in U.S. District Court for the District of Columbia over more than $225.3 million in cryptocurrency “confidence scams.” According to the complaint...
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The U.S. Senate passed a bill that establishes a regulatory framework for stablecoins in the United States. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act passed...
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U.S. Sen. Mike Crapo (R-ID), chairman of the Senate Finance Committee, this week released the legislative text within the committee’s jurisdiction for inclusion in the budget reconciliation bill. ...
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A group of financial industry associations, led by the Bank Policy Institute (BPI), are calling on federal financial regulators to reform how sensitive data is handled. This request follows a serie...
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The Homebuyers Privacy Protection Act, viewed as an important first step in limiting unwanted robocalls that inundate consumers, advanced in Congress last week. The bill, S. 1467, passed the Senate...
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A bill that seeks to foster fintech innovations was approved by the House Financial Services Committee this week. The bill is called the Securing Innovation in Financial Regulation Act (H.R. 3690),...
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The Congressional Joint Committee on Taxation (JCT) released a report that details what officials called “immense handout to the wealthy” found in the Republican proposal to expand the tax deducti...
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A high-profile legal battle that pits a Texas pension fund against a group of activist investors is heading back to the trial court — but only for a limited review as to whether the pension fund...
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A group of financial industry associations are urging federal financial regulators to reform rules protecting sensitive data following a series of data breaches. Financial institutions are legally ...
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