The Treasury Department’s Community Development Financial Institutions Fund and the Federal Housing Finance Agency (FHFA) have established a new working group. The CDFI Fund-FHFA Working Group wi...
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The Commodity Futures Trading Commission’s Office of Customer Education and Outreach recently issued a customer advisory alerting messaging app users to be aware of defrauding schemes. The defaul...
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A group of Democratic lawmakers recently expressed concerns that Medicare Advantage (MA) is failing to meet its standards. Medicare Advantage is an optional, private insurance alternative to tradit...
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Republican members of the House Financial Services Committee, led by Chair Patrick McHenry (R-MC), provided their input for federal banking regulators on bank-fintech partnerships. In a letter to r...
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The Consumer Financial Protection Bureau (CFPB) fined VyStar Credit Union for its botched rollout of a new online banking system. In May 2022, VyStar transitioned to a new online banking platform t...
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The U.S. Department of the Treasury launched an initiative that identifies objectives and recommendations for policymakers, industry, employers, and community organizations on safe financial products ...
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Two recently introduced congressional bills aim to improve retirement security and help address the financial challenges faced by individuals who leave the workforce to care for loved ones. U.S. ...
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U.S. Sens. Mike Rounds (R-SD) and Angus King (I-ME) are leading a bipartisan effort to urge the Department of Labor (DOL) and the Department of Homeland Security (DHS) to release the maximum allowable...
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A group of House Republicans are requesting that the Federal Deposit Insurance Corporation (FDIC) provide a briefing on recent changes impacting asset management firms. Specifically, they would lik...
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Bipartisan legislation unveiled Oct. 25 in Congress would reform the process the Consumer Financial Protection Bureau (CFPB) uses when issuing civil investigative demands (CIDs) to financial services ...
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