The Financial Data Exchange (FDX) has been recognized as a standard setting body under the Consumer Financial Protection Bureau’s (CFPB) Personal Financial Data Rights rule. The Personal Financi...
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The U.S. Treasury Department recently issued the final rules for the Clean Electricity Investment and Production Tax Credits. The tax credits, also known as the technology-neutral credits, encourag...
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The Independent Community Bankers of America released its new plan for the incoming Congress and the Trump administration on Tuesday. The plan, titled “Repair, Reform and Thrive” addresses the...
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The U.S. Department of the Treasury issued final rules this week for the section 45V Clean Hydrogen Production Tax Credit. The final rules for the clean hydrogen tax credit, established by the Infl...
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U.S. Sen. Tim Scott (R-SC) and U.S. Rep. French Hill (R-AR) are seeking answers about the China state-sponsored cybersecurity breach at the U.S. Department of Treasury. In a letter to Treasury Sec...
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President Joe Biden on Friday blitzed Nippon Steel Corp.’s proposed $14.9 billion bid to buy Pittsburgh-based US Steel Corp., calling the potential acquisition a threat to national security that cou...
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New York State’s cannabis industry recently hit a huge milestone, surpassing more than $1 billion in retail sales, announced Gov. Kathy Hochul. “Earlier this year, my administration took critic...
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The California Department of Insurance (CDI) on Monday released the final Net Cost of Reinsurance in Ratemaking Regulation, which requires insurance companies for the first time to increase coverage i...
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A newly proposed bill in Congress would modernize the deposit insurance framework for business payment accounts to better support America’s small businesses. U.S. Rep. Maxine Waters (D-CA), the t...
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The Federal Reserve Board will seek public comment on changes to improve the transparency of its bank stress tests and reduce the volatility of capital buffer requirements. The stress tests evaluat...
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