U.S. Sen. Tim Scott (R-SC) introduced legislation that would extend the filing deadline for businesses to report beneficial ownership information (BOI). The Corporate Transparency Act established ne...
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The U.S. Senate Committee on Small Business and Entrepreneurship approved a bill on Feb. 10 that would extend the life of the watchdog group tasked with tracking down criminals who stole COVID relief ...
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The U.S. House of Representatives on Feb. 10 voted to pass bipartisan legislation that would update the requirements for federal credit union board meetings. H.R. 975, the Credit Union Board Moderniz...
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U.S. Rep. Darin LaHood (R-IL) on Feb. 6 introduced a bipartisan bill designed to simplify the tax filing and payment processes for families and small businesses. The Tax Administration Simplification...
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The battle over the future of U.S. Steel escalated on Monday as activist investor Ancora Holdings Group LLC called for a major leadership shake-up following the collapse of the company’s proposed $1...
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A group of Republican senators, led by U.S. Sens. John Curtis (R-UT) and Kevin Cramer (R-ND), introduced legislation that seeks to prevent large banks from denying fair access to financial services to...
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The Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks involved in crypto-related activities. Acting FDIC Chairman Travis Hill directed staff to...
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The American Property Casualty Insurance Association (APCIA) outlined some of the impacts of President Donald Trumps proposal to increase tariffs on trade partners. On Tuesday, a 10 percent additio...
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In the most recent signal that the legal challenge to Eletson Holdings Inc.’s Chapter 11 plan may be running out of options, Reed Smith LLP, Eletson’s former legal counsel, and the bankrupt shippi...
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U.S. Sen. Ron Wyden (D-OR) is seeking answers from Treasury Secretary Scott Bessent following a report that personnel associated with Elon Musk sought access to a Treasury Department payment system. ...
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