The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that would cut excessive credit card late fees. The rule would close a loophole that is often exploited by large card issu...
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A group of Senate Republicans, led by U.S. Sen. Todd Young (R-IN), are calling on the Environmental Protection Agency (EPA) to rescind the recently finalized rule for the National Ambient Air Quality ...
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The Biden-Harris Administration approved $20 million this week for digital connectivity projects in Pennsylvania under the U.S. Department of the Treasury’s Capital Projects Fund (CPF). The award...
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The U.S. Department of Housing and Urban Development (HUD), working with the Treasury Department, will indefinitely extend the Section 542(c) Housing Finance Agency Risk-Sharing Initiative. The ini...
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The U.S. Department of the Treasury has recovered over $375 million in the past year through an enhanced fraud detection process that utilizes artificial intelligence (AI). Since the start of the ...
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U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, introduced a bill that looks to foster innovation within the financial services sector. The Financial Services Inn...
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U.S. Sens. Sherrod Brown (D-OH) and Rick Scott (R-FL) are urging the Biden administration to close a loophole that would keep foreign competitors from paying duties and fees. This loophole, known a...
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After repeated calls from U.S. Sen. Sherrod Brown (D-OH), the Department of State recently issued new guidance to U.S. businesses warning that continuing to work with Russia could imperil them legally...
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A new report charts the fluctuations in commercial foreclosures in the United States over the past 10 years and shows a significant spike since the pandemic. The report, developed by ATTOM, a curat...
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The American Bankers Association’s latest Credit Conditions Index revealed cautious optimism about credit conditions in 2024. The index improved to its highest level in six quarters as ABA’s E...
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