The Federal Reserve Bank of New York appointed Cali Brooks and Miguel Soto-Class to its Community Advisory Group. The Community Advisory Group – made up of leaders of nonprofits, community organ...
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A new survey commissioned by the Consumer Bankers Association found that most Americans believe that credit card late fees are legitimate. The poll said that 57 percent of those surveyed said they we...
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Community bankers have a bleak outlook on economic conditions, according to the latest Community Bank Sentiment Index (CBSI), released by the Conference of State Bank Supervisors (CSBS). The index...
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An Investment Company Institute (ICI) report has determined that average expense ratios of equity and bond mutual funds continued to decline last year. “The continued decline in average equity an...
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U.S. Sen. Tim Scott (R-SC) is urging the Department of Energy (DOE) not to implement climate policies that will make homeownership less accessible. In a letter to Energy Secretary Jennifer Granhol...
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The Federal Housing Finance Agency (FHFA) recently announced its first TechSprint, a team-based problem-solving event targeting securing the fair flow of data within the housing finance system. ...
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The Consumer Financial Protection Bureau (CFPB) has issued a policy statement outlining legal prohibitions regarding abusive conduct in consumer financial markets. Authorities noted the offering al...
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The Securities and Exchange Commission (SEC) has hit Merrill Lynch, Pierce, Fenner & Smith with fines and penalties for charging advisory clients more than $4 million in undisclosed foreign exchange f...
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U.S. Reps. Carol Miller (R-WV) and Ron Estes (R-KS) have introduced legislation they noted incentivizes employers to hire Temporary Assistance for Needy Families (TANF) recipients and provide job skil...
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U.S. Reps. Ron Estes (R-KS) and Dan Kildee (D-MI) have introduced a resolution that condemns foreign digital services taxes (DSTs). These taxes, imposed by foreign countries like France, Canada, a...
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