The U.S. House of Representatives unanimously approved this week a bipartisan bill sponsored by U.S. Reps. Dan Meuser (R-PA) and Hillary Scholten (D-MI) that seeks to incentivize greater private capit...
Read More
A new report from the Consumer Financial Protection Bureau (CFPB) has found that 15 million Americans still have medical bills on their credit reports despite changes by the major credit reporting age...
Read More
Republic First Bank became the first bank to fail this year, as the Pennsylvania Department of Banking and Securities (DoBS) took possession of the Philadelphia-based bank last week. Citing its “un...
Read More
A new white paper on redefining finance for a sustainable world was released last week by the Association of International Certified Professional Accountants (AICPA) and the Chartered Institute of Man...
Read More
On Wednesday, the U.S. Chamber of Commerce announced that it was challenging the Federal Trade Commission’s (FTC) recent ruling banning noncompete clauses. The Chamber filed a coalition lawsuit ...
Read More
The U.S. Department of Labor (DOL) has finalized its Retirement Security Rule, which updates the definition of an investment advice fiduciary. The final rule requires trusted investment advice provid...
Read More
The G7 Cyber Expert Group said Tuesday it had completed a cross-border coordination exercise that would ensure its effectiveness in a widespread financial sector cyber incident. Authorities with the ...
Read More
U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) are urging the nation’s four largest banks to protect consumers from wire fraud. In a letter to the CEOs of JPMorgan Chase, Bank of America, ...
Read More
On Thursday, U.S. Rep. Blaine Luetkemeyer introduced legislation that would force federal agencies to identify the number of small businesses that would be affected by new regulations. The Regulat...
Read More
A bill led by U.S. Rep. French Hill (R-AR) that would require the U.S. Treasury Department to brief Congress on the finances of Iranian leadership and require financial institutions to close accounts ...
Read More