A group of Republican lawmakers are seeking answers from Treasury Secretary Janet Yellen on the Financial Stability Oversight Council (FSOC) efforts related to the spot market for digital assets. ...
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The U.S. Treasury Department and the Internal Revenue Service, in partnership with the Department of Energy (DOE), will stop accepting new applications for the 2023 program year for the Low-Income Com...
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Sixteen firms, ranging from broker dealers to investment advisors, pay more than $81 million in penalties to settle charges from the Securities and Exchange Commission (SEC) over widespread and longst...
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U.S. Sen. Elizabeth Warren (D-MA) and U.S. Rep. Sean Casten (D-IL) are urging BAE Systems not to engage in stock buybacks during the time it is using funds from a Department of Commerce grant. BAE ...
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The federal bank regulatory agencies issued a request for comment this week on ideas to reduce the regulatory burden. This request is in line with the Economic Growth and Regulatory Paperwork Redu...
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U.S. Sen. Sheldon Whitehouse (D-RI) and U.S. Rep. Judy Chu (D-CA) introduced legislation that would close a tax loophole that allows individuals to avoid capital gains taxes on assets donated to dark ...
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U.S. Reps. Patrick McHenry (R-NC) and Andy Barr (R-KY) voiced their concerns about the relationship of some Federal Reserve Banks with global organizations. The two lawmakers sent letters to Feder...
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A group of Republican House leaders expressed concerns with the Federal Deposit Insurance Corporation (FDIC) over what they perceive as a lack of engagement with the public on financial technology and...
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On Thursday, U.S. Rep. Troy Balderson (R-OH) and U.S. Sen. Eric Schmitt (R-MO) introduced a resolution disapproving of the U.S. Treasury Department’s use of COVID recovery funds. Balderson and S...
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The U.S. House of Representatives passed the Tax Relief for American Families and Workers Act this week by a margin of 357-70. The bipartisan bill, H.R. 7024, includes $600 billion of tax incentiv...
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