In its semiannual update on the restoration plan for its Deposit Insurance Fund (DIF), the Federal Deposit Insurance Corporation (FDIC) cited the impact of the recent bank failures. The FDIC esti...
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U.S. Rep. Earl Blumenauer (D-OR) introduced legislation this week that would allow legal marijuana businesses to take tax deductions like any other legal business. His bill, the Small Business Ta...
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A bill introduced by a group of House lawmakers, including U.S. Rep. Andrew Garbarino (R-NY), would allow taxpayers to fully deduct their state and local taxes on their federal income returns. The...
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The U.S. Chamber of Commerce launched a new program to help Ukraine recover and rebuild after the war with Russia is won. The Chamber’s Ukraine Business Initiative is a platform that allows com...
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While stakeholders agree that the lack of national standards is impacting athletic competition and recruiting between universities in states having different or no Name, Image, and Likeness (NIL) laws...
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A new analysis from the U.S. Chamber of Commerce suggests that the concerns of public companies about policy risks have increased over the past decade, based on mentions in SEC filings. The study loo...
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U.S. Sen. Tim Scott (R-SC) introduced the framework for legislation this week that seeks to generate higher homeownership rates and increased housing supply. The framework for the upcoming bill, call...
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The U.S. Department of the Treasury’s Community Development Financial Institutions Fund has awarded over $1.73 billion in grants to 603 community development financial institutions (CDFIs) across th...
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The Bank Policy Institute (BPI) has issued a series of recommendations to the Federal Deposit Insurance Corporation (FDIC) regarding its efforts to clarify FDIC-insured bank products. The BPI recen...
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The Internal Revenue Service (IRS) unveiled its Strategic Operating Plan last week, which lays out its strategy to transform the agency and improve service to taxpayers. The changes proposed in the r...
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