U.S. Rep. Patrick McHenry (R-NC) has reached out to the Consumer Financial Protection Bureau (CFPB) over a proposed rule that would restrict the inclusion of medical debt in credit reports and scores....

As more Americans expect to work past age 70 or hold off on retirement altogether, changes are being proposed on Capitol Hill to increase the age cap for the earned-income tax credit (EITC), which cur...

The Securities and Exchange Commission (SEC) on Aug. 14 announced charges against 26 broker-dealers, investment advisers, and dually registered broker-dealers and investment advisers for widespread, o...

A bipartisan, bicameral bill pending in both houses of Congress aims to help promote the innovation of artificial intelligence (AI) in the nation’s financial services industry. Specifically, the ...

To help rid the market of predatory and exclusionary home lending practices, the Consumer Financial Protection Bureau (CFPB) today released an advisory opinion and research report on contract-for-deed...

Two United States senators denounced a threat by JPMorgan Chase & Co. to impose new checking account fees for over 80 million consumers in response to the Consumer Financial Protection Bureau’s ...

U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) are seeking information from the Social Security Administration (SSA) on its use of artificial intelligence (AI), particularly when it comes to making...