U.S. Sen. James Lankford (R-OK) authored a bill that would make permanent a provision in the 2017 Tax Cuts and Jobs Act (TCJA) to allow businesses to fully expense new investments in the year of purch...

The Consumer Financial Protection Bureau (CFPB) finalized a rule last week that is designed to increase transparency in small business lending, promote economic development, and combat unlawful discri...

A Senate Finance Committee investigation has found major violations by Swiss bank Credit Suisse of a 2014 plea agreement it made with the U.S. Department of Justice (DOJ). The two-year investigati...

U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee Chair, is leading an investigation into auto supply chain links to forced labor in the Xinjiang region of China. In December, Wyden...

U.S. Sens. Mitt Romney (R-UT) and Bill Cassidy, M.D. (R-LA) are among a group of Republican senators who introduced a resolution this week to overturn President Joe Biden’s plan to cancel student lo...

The Federal Deposit Insurance Corporation (FDIC) will sell all deposits and loans of Silicon Valley Bridge Bank N.A. to First–Citizens Bank & Trust Company, based in Raleigh, N.C. The Silicon Val...

A group of U.S. senators, including U.S. Sens. Tammy Duckworth (D-IL) and Elizabeth Warren (D-MA), are calling on the Federal Reserve to apply stronger regulation and supervision to banks with assets ...