The U.S. Department of the Treasury issued a new report that says the lack of competition in the labor market has caused wage declines of roughly 20 percent for workers. The State of Labor Market C...
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A group of Congressmen, led by U.S. Reps. Bill Pascrell (D-NJ) and Tom Rice (R-SC) are seeking answers from U.S. Treasury Secretary Janet Yellen on how the Biden administration will enforce new sancti...
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U.S. Sens. Mike Rounds (R-SD), Cynthia Lummis (R-WY), and Tim Scott (R-SC) introduced legislation that would require federal regulatory agencies to take risk profiles and business models of institutio...
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Republican members of the House Financial Services Committee introduced legislation that seeks to further isolate Russia from the international financial system in response to Russiaʻs invasion of Uk...
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A bill was introduced in the U.S. Senate that would streamline how consumers consent to receive electronic documents such as bank statements, account information, and contracts. The Electronic Sig...
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A group of lawmakers is urging the International Monetary Fund (IMF) to prevent member countries from facilitating exchanges of Russia’s Special Drawing Rights (SDRs). The IMF created the SDR as...
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The Federal Reserve Board is launching a statistical study of household finances that will provide policymakers with insight into the economic condition of a broad cross-section of American families. ...
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Advocates of adult-use cannabis in Ohio say the medical marijuana industry in their state is already well established, and its success will lead to an expansion into the recreational market sooner rat...
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Leading Republicans in the House and Senate are urging U.S. Department of Labor Secretary Martin Walsh to avoid allowing states to forgo recovery of overpayments in pandemic unemployment programs. ...
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U.S. Sen. Sheldon Whitehouse (D-RI) is calling on the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) to codify and strengthen the disclosure requirements for all-cash real estat...
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