On Thursday, U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI), urged the U.S. Trustee program (USTP) to education borrowers and other stakeholders about new bankruptcy guidance that ma...
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Last week, the U.S. House of Representatives passed a bill that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). Unlike decentralized cryptocurrencies, like B...
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The U.S. House of Representatives passed a bill this week that seeks to provide consumer protections and regulatory certainty for digital assets. The Financial Innovation and Technology for the 21...
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The financial well-being of Americans remained unchanged last year, according to a report from the Federal Reserve Board. The Fed’s annual Economic Well-Being of U.S. Households report said that ...
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After an investigation by an independent third party, the chairman of the Federal Deposit Insurance Corporation (FDIC), Martin Gruenberg, announced that he has stepped down. The investigation was b...
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On Friday, more than 130 members of Congress lauded the new Internal Revenue Service’s (IRS) Free Direct File Program and pushed for the Biden administration to make the program permanent. In a ...
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A bipartisan group of Congress members are urging federal financial regulators to implement their respective obligations under the Financial Data Transparency Act (FDTA). The Financial Data Transpa...
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A group of U.S. senators are urging the Senate Appropriations Subcommittee on Labor, HHS, Education, and Related Agencies to fully fund the Unemployment Insurance (UI) administration. The senators ...
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On Tuesday, U.S. Sen. Bill Cassidy, M.D. (R-LA) introduced legislation to improve transparency in union elections. Cassidy, the ranking member of the Senate Health, Education, Labor and Pensions C...
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Applications for the federal Low-Income Communities Bonus Credit Program will soon be accepting applications for the 2024 program year, the U.S. Department of the Treasury and the Internal Revenue Ser...
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