The House Financial Services Committee is espousing the benefits of advancing seven pieces of legislation addressing a myriad of issues. The Clarity for Payment Stablecoins Act of 2023 (H.R. 4766) ...
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U.S. Sens. Ben Cardin (D-MD) and Steve Daines (R-MT) introduced a bill this week in the Senate that would foster the growth of S corporations that are owned by Employee Stock Ownership Plans (S-ESOP)....
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U.S. Rep. Lloyd Smucker (R-PA) is sponsoring a bill in the House that would make permanent a tax provision within the 2017 Tax Cuts and Jobs Act. His bill, the Main Street Tax Certainty Act (H.R. 4...
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The Managed Funds Association (MFA) is urging Securities and Exchange Commission (SEC) to consider the aggregate cost of its rulemaking on investment advisers, investors, and the markets. Instead,...
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The U.S. House of Representatives House Small Business Committee passed a bill that would reclaim fraudulent and unused Paycheck Protection Program (PPP) loans distributed during the COVID-19 pandemic...
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A group of House Republicans introduced legislation this week that directs the Commodity Futures Trading Commission (CFRC) and the Securities and Exchange Commission (SEC) to regulate digital assets. ...
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A group of U.S. senators have introduced a bill that would require decentralized finance (DeFi) services to meet the same anti-money laundering (AML) and economic sanctions compliance obligations as o...
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A bipartisan bill was introduced in the U.S. Senate this week that seeks to help small business owners integrate digital tools into their businesses. Specifically, the Small Business Technological ...
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The Credit Union National Administration (CUNA) is urging the Consumer Financial Protection Bureau (CFPB) to exclude financial institutions from its definition of “data broker.” The recommend...
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U.S. Reps. Mike Kelly (R-PA) and Jodey Arrington (R-TX) introduced legislation that would limit the amount of information that certain nonprofit organizations are mandated to report to the Internal Re...
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