A group of seven leading financial groups voiced their collective opposition to a proposal that would impose an interest rate cap of 36 percent on consumer loans. The proposal, by Sen. Jack Reed (D...
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A new report on innovation in the financial sector found that establishing a tech-driven organizational culture is imperative for financial institutions for survival. A key finding of the report, c...
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Registration is now open for a virtual Compliance Outreach Program for municipal market professionals, a free webcast sponsored by the Securities and Exchange Commission (SEC), Municipal Securities Ru...
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The American Property Casualty Insurance Association (APCIA) has released a new paper that examines electric vehicle adoption and its impact for the insurance industry. The paper, titled “Electri...
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A bipartisan group of senators introduced legislation to create a Community Development Investment tax credit to help unlock more equity and long-term financial capital for community development finan...
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U.S. Sen. Ron Wyden (D-OR) is calling on the Internal Revenue Service (IRS) to step up enforcement against wealthy individuals who fail to file tax returns, citing a new report that said thousands of ...
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A bipartisan group in the House, led by U.S. Rep. Mike Flood (R-NE), introduced legislation recently that would prohibit certain federal agencies from requiring certain institutions to include assets ...
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A bill that would provide legal cannabis businesses with access to banking and financial services cleared a major hurdle this week as it was approved by the Senate Banking Committee. The Secure and...
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U.S. Rep. Blake Moore (R-UT) on Tuesday introduced legislation designed to provide patients with better access to their health savings accounts (HSA). The Advancing Health Savings Act, H.R. 5690, h...
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On Monday, the Consumer Financial Protection Bureau (CFPB) announced it was beginning the process to remove medical bills from Americans’ credit reports. The proposal, the bureau said, would hel...
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