A group of Senate Republicans introduced legislation that seeks to provide tax relief and protections for middle-class Americans. The Middle-Class Savings and Investment Act would exclude a reason...
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The Consumer Bankers Association (CBA) voiced its opposition to a bill that addresses bank overdraft services and fees for customers. In a new letter sent to the House Committee on Financial Servi...
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U.S. Rep. Peter DeFazio (D-OR) and Sen. Bernie Sanders (I-VT) introduced joint legislation to strengthen and expand Social Security. The Social Security Expansion Act (SSEA) would extend the solven...
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The U.S. House of Representatives passed a bill to extend a provision within the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that establishes streamlined bankruptcy procedures for s...
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The Independent Community Bankers of America (ICBA), along with a coalition of 44 state community banking associations, is urging Congress to include legislation in the America COMPETES Act that allow...
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The New York State Department of Financial Services (DFS) put out regulatory guidance to establish the criteria for stablecoins issued under DFS oversight. “Since DFS approved the first USD-backe...
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U.S. Sens. Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced legislation that would create a regulatory framework for digital assets that encourages responsible financial innovation, flex...
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At the US Conference of Mayors' annual meeting in Reno on June 6, the gathering of mayors passed a resolution urging Congress to pass the SAFE Banking Act for cannabis businesses. The SAFE Banking...
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The Independent Community Bankers of America (ICBA), along with state banking associations from 44 starts, is urging the Federal Deposit Insurance Corporation (FDIC) not to allow its proposed statemen...
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U.S. Sens. John Hickenlooper (D-CO) and Susan Collins (R-ME) introduced legislation last week to make it easier for small businesses to offer retirement plans for their employees. The Simplifying S...
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