An official from the Consumer Bankers Association (CBA) testified last week before the District of Columbia City Council Committee on Business and Economic Development in opposition to a proposal that...
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Congressional leaders did not include the provision requiring increased financial institution reporting to the Internal Revenue Service in the reconciliation legislation unveiled last week. The pr...
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U.S. Sen. Sherrod Brown (D-OH), along with several other Senate Democrats, introduced a bill that would prohibit Federal Reserve officials from trading individual stocks. The Ban Conflicted Tradin...
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U.S. Sen. Rob Portman (R-OH) was among 13 Republicans on the Senate Finance Committee Republicans expressing concerns with the increase in improper Medicaid payments. The November 2020 Medicaid Pay...
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The U.S. House of Representatives passed the Financial Exploitation Prevention Act this week. The bill ((HR 2265), sponsored by U.S. Rep Ann Wagner (R-MO), would give the financial industry bette...
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Leading Republicans on the Senate Finance Committee and House Ways and Means Committee have taken issue with the Biden Administration’s stance on tariffs and digital services taxes. Last week, th...
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A new report from the federal Financial Stability Oversight Council (FSOC) has identified climate change as an emerging and increasing threat to U.S. financial stability. The report includes sever...
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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...
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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...
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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 ...
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