A group of U.S. Congress members expressed their support for and offered guidance on a proposed rule by the Financial Crimes Enforcement Network (FinCEN) that would implement sections of the Corporate...
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U.S. Sen. Pat Toomey (R-PA) is asking U.S. authorities to closely watch China’s new central bank digital currency (CBDC) for how it might affect U.S. economic and national security interests. Chi...
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A bill that would reauthorize the Small Business Administration’s SCORE Program was passed by the House Small Business Committee last week. The SCORE for Small Business Act of 2022 (H.R. 6450) n...
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A popular cannabis banking reform amendment offered by U.S. Rep. Ed Perlmutter (D-CO) that would provide protections to financial institutions serving legal cannabis-based businesses on Friday receive...
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U.S. Sen. John Kennedy (R-LA) is asking the Treasury Department to accelerate the process of returning some $26 billion in unredeemed savings bonds to Americans. Kennedy said the Treasury Departme...
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The leaders of the Senate Finance Committee, Chair Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID), are calling on the Biden administration to work with the European Union to revise certain aspe...
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The U.S. Securities and Exchange Commission (SEC) issued its annual Staff Report on Nationally Recognized Statistical Rating Organizations (NRSROs) this week. The report provides a summary of the S...
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The Joint Economic Committee (JEC) issued a new report that looks at the benefits of closing the Medicaid coverage gap. In the 11 states that have not expanded Medicaid under the Affordable Care A...
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In another effort to get his bipartisan SAFE Banking Act across the line, U.S. Rep. Ed Perlmutter (D-CO) on Friday filed the bill as an amendment to the massive domestic spending bill, the America COM...
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A group of Congress members has raised concerns about high energy usage by six cryptomining companies. The lawmakers sent a letter to Riot Blockchain, Marathon Digital Holdings, Stronghold Digital ...
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