The U.S. Commodity Futures Trading Commission’s Market Risk Advisory Committee adopted three sets of recommendations for the CFTC’s consideration after a public meeting on Dec. 10. The recomme...
Read More
The Consumer Financial Protection Bureau’s (CFPB) annual report on trends in the residential mortgage lending market showed a significant decline in mortgage lending activities in 2023. The repor...
Read More
The Consumer Bankers Association (CBA) is among a group of entities taking legal action against the Consumer Financial Protection Bureau's (CFPB) final rule on overdraft services. The American Ban...
Read More
The Consumer Financial Protection Bureau (CFPB) adopted a final rule that closes an outdated overdraft loophole that exempted overdraft loans from lending laws. The reforms, which apply to banks a...
Read More
U.S. Reps. Adrian Smith (R-NE) and Chuck Edwards (R-NC) are among a group of 27 House lawmakers that are asking President-Elect Donald Trump to end the Internal Revenue Services’ Direct File pilot p...
Read More
An Ohio member of the U.S. House of Representatives recently voiced opposition to the Internal Revenue Service’s (IRS’s) expansion of the Digital Assets Sale and Exchanges Rule, also known as the ...
Read More
The Republican members of the Senate Banking Committee are raising concerns about the delayed implementation and enforcement of sanctions on Iran’s oil sector. The Republicans on the committee, l...
Read More
Though a federal court previously issued a preliminary injunction against the beneficial ownership information (BOI) reporting requirements issued in January, a newly proposed bill in Congress would p...
Read More
A new report from the Government Accountability Office has found that the Centers for Medicare and Medicaid Services (CMS) does not adequately enforce the ACA requirement that states fund the cost of ...
Read More
The federal bank regulatory agencies issued a notice seeking public comment on ways to reduce the regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the...
Read More