U.S. Rep. Patrick McHenry (R-NC) introduced two bills this week to reform the Financial Crimes Enforcement Network (FinCEN). One of the bills is the Accountability Through Confirmation Act of 2023,...
Read More
U.S. Sens. Todd Young (R-IN) and Joni Ernst (R-IA) proposed legislation to reauthorize and update the Small Business Administration’s Service Corps of Retired Executives (SCORE) program. The SBA...
Read More
Federal regulatory agencies are seeking public comment on proposed guidance that addresses reconsiderations of value (ROV) for residential real estate transactions. ROVs are requests from a financi...
Read More
A bipartisan group of senators introduced legislation this week that seeks to increase competition in the credit and payment processing space. Essentially, the Credit Card Competition Act seeks to ...
Read More
A group of financial industry organizations weighed in on two proposals related to cybersecurity put forth by the Securities and Exchange Commission (SEC). One of the SEC proposals in question is ...
Read More
The U.S. House of Representatives passed unanimously passed a bill this week that is designed to improve access to capital markets for investors. The Accredited Investor Definition Review Act, int...
Read More
U.S. Reps. Patrick McHenry (R-NC) and Glenn Thompson (R-PA) released a discussion draft of a bill that would provide a statutory framework for digital asset regulation. The discussion draft intende...
Read More
The Consumer Financial Protection Bureau (CFPB) published an analysis last week on the safety of storing funds on digital payment apps. The analysis revealed that funds stored on these apps, such a...
Read More
U.S. Sens. Shelley Moore Capito (R-WV) and Gary Peters (D-MI) have reintroduced a bill that would aid communities in addressing workforce needs through post-graduation scholarship initiatives. Legi...
Read More
The U.S. House of Representatives passed legislation this week that would direct the Securities and Exchange Commission (SEC) to assess regulatory costs of compliance for small and growing businesses....
Read More