U.S. Sen. John Kennedy (R-LA) is urging U.S. Treasury Secretary Janet Yellen not to let funding set aside for the International Monetary Fund (IMF) go to Taliban-controlled Afghanistan. Kennedy poi...
Read More
The Federal Deposit Insurance Corporation (FDIC) launched a new initiative designed to help determine how well banks can withstand a major disruption of any type. This initiative, called a tech sp...
Read More
Two House Republican leaders are calling on the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a joint Working Group on Digital Assets. U....
Read More
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) placed sanctions on two Cuban individuals and one Cuban entity. The sanctions are pursuant to Executive Order 13818, which i...
Read More
Consumer prices rose 0.5 percent in July on a seasonally adjusted basis, according to the Bureau of Labor Statistics (BLS). BLS reported that the overall consumer price index (CPI) grew 5.3 percent...
Read More
U.S. Rep. Don Beyer (D-VA), the chair of the Congressional Joint Economic Committee (JEC), is calling for “bold investments” that address climate change following the Intergovernmental Panel on Cl...
Read More
A bipartisan group of senators announced an agreement on an amendment to fix digital asset reporting requirements in the $1 trillion Infrastructure Investment and Jobs Act, which advanced the Senate T...
Read More
Republican leaders in the House and Senate released an analysis by the bipartisan Congressional Joint Committee on Taxation (JCT) on the potential impact of a proposal to increase the corporate tax ra...
Read More
Leading Republicans on the House Financial Services Committee and Energy and Commerce Committee sent a letter to House Speaker Nancy Pelosi (D-CA) urging her to find a permanent solution for American ...
Read More
U.S. Sens. Ron Wyden (D-OR) and Sheldon Whitehouse (D-RI) introduced a bill to close the carried interest loophole often used by hedge fund managers. The lawmakers described the carried interest l...
Read More