The Credit Union National Administration (CUNA) expressed its support for the continuing development of the Federal Reserve’s FedNow service, a real-time payments network. The statement of suppo...
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A group of Congress members recently urged President Joe Biden to reverse his plan to cap like-kind exchanges, a policy they say would increase taxes for business owners, particularly small businesses...
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The Consumer Bankers Association (CBA) cautioned members of the U.S. Senate not to change bankruptcy treatment for student loans. In a letter to the leaders of the Senate Judiciary Committee, CBA P...
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Legislation introduced in the U.S. House of Representatives this week seeks to require the Securities and Exchange Commission (SEC) to revise its rules on the issuance of certain annuity products. ...
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If passed, new legislation from United States Reps. Blaine Luetkemeyer (R-MO) and Kathy Castor (D-FL) would block the Federal Emergency Management Agency (FEMA) from preventing flood insurance choice ...
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The Independent Community Bankers of America (ICBA) has joined other business groups in opposing a Treasury Department proposal requiring financial institutions to report customer bank account informa...
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Senate Committee on Banking, Housing, and Urban Affairs Chairman Sherrod Brown (D-OH) is encouraging the Consumer Financial Protection Bureau (CFPB) to examine consumer fintech risks. Brown has for...
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U.S. Sen. Patty Murray (D-WA), chair of the Senate Health, Education, Labor and Pensions (HELP) Committee, and U.S. Rep. Lauren Underwood (D-IL) reintroduced legislation Monday that would bolster wome...
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U.S. Sen. Thom Tillis (R-NC) recently introduced a bipartisan bill to help taxpayers who decide to prepare their homes for natural disasters. The Disaster Mitigation and Tax Parity Act would make r...
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U.S. Rep. Bill Posey (R-FL) and U.S. Sen. Marco Rubio recently reintroduced the Flood Insurance Rate Map Interagency Technology or (FIRM IT) Act, which seeks to improve National Flood Insurance Progra...
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