A bill that encourages the Internal Revenue Service (IRS) to use AI tools to detect tax fraud was passed by the House Ways and Means Committee on July 1. The AI Tax Integrity Act of 2026 (H.R. 9501...
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The new Education Freedom Tax Credit will make taxpayers eligible for a credit up to $1,700 for qualified contributions made to organizations that fund scholarships for low- and middle-income students...
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A group of Senate lawmakers are probing leadership at private equity firm KKR about the company’s recently announced multi-year strategic partnership with private student loan lender Sallie Mae. ...
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The U.S. House of Representatives passed a bipartisan bill that reauthorizes the Terrorism Risk Insurance Program. The TRIA Program Reauthorization Act of 2026 (H.R. 7128), was approved by a vote o...
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U.S. Reps. Brian Fitzpatrick (R-PA) and Maggie Goodlander (D-NH) introduced a bipartisan bill that would prohibit senior officials across all three branches of the federal government from trading indi...
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A bill was introduced in Congress last week that seeks to ensure that state-legal cannabis businesses have access to banking and financial services. The Secure and Fair Enforcement (SAFE) Banking A...
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The Consumer Financial Protection Bureau (CFPB) is making changes to its consumer complaint portal. Among the changes, the CFPB is: Revising its Portal Manual to ensure that credit reporting...
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The Securities Industry and Financial Markets Association (SIFMA) is one of several financial industry groups that are urging the Senate Banking Committee work to advance capital formation legislation...
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The U.S. Senate passed the 21st Century ROAD to Housing Act this week, a legislative package that seeks to expand housing supply in the United States. The updated package cuts red tape and removes ...
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Federal agencies jointly charged with overseeing stablecoin are asking for public comment on a proposed rule for permittee payment stablecoin issuers. The Financial Crimes Enforcement Network (Fin...
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