A group of Democratic lawmakers introduced a bill in Congress that seeks to reform the private equity industry. The Stop Wall Street Looting Act would reform private equity in several ways. Specifi...
Read More
The U.S. Treasury put out a fact sheet this week that seeks to provide clarity on its proposed tax compliance reform initiative and its financial reporting requirements. In it, the Treasury seeks t...
Read More
U.S. Sens. Marco Rubio (R-FL) and Jon Ossoff (D-GA) introduced legislation in the Senate to establish a new home loan program for law enforcement officers, firefighters, medical first responders, and ...
Read More
More than 100 business associations are calling upon Congress to reject the new tax reporting requirements proposed by the Internal Revenue Service (IRS). The proposal would require financial servi...
Read More
A pair of lawmakers have introduced a measure they said seeks to expand Small Business Investment Companies (SBIC) efforts to invest in rural small businesses. The Rural Capital Access Act, present...
Read More
The U.S. Department of Labor (DOL) issued a proposed rule on Oct. 13 that would remove barriers that would allow retirement plan sponsors and fiduciaries to consider climate change and other environme...
Read More
A group of Democrats in the U.S. House of Representatives introduced legislation last week to expand and enhance unemployment insurance benefits. The Unemployment Insurance Improvement Act, H.R. 5...
Read More
The Financial Stability Board (FSB) has issued a series of policy proposals that seek to bolster money market funds (MMF) resilience. Recommendations designed to address the potential for destabili...
Read More
Sen. Marco Rubio (R-FL) said he has introduced legislation requiring the Department of Housing and Urban Development (HUD) to provide greater transparency regarding flood zone property purchases. Off...
Read More
Department of Justice officials said the creation of a National Cryptocurrency Enforcement Team (NCET) would draw on the agency's cyber and money laundering expertise to address cryptocurrency platfor...
Read More