The Federal Deposit Insurance Corporation (FDIC) released the results of an internal review of New York-based Signature Bank, which failed in March. The review, conducted by chief risk officer Mars...
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A couple of bills sponsored by U.S. Rep. Bryan Steil (R-WI) were approved by the House Financial Services Committee last week. Both pieces of legislation seek to help startups. The first bill, H.R....
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The House Financial Services Committee passed two bills authored by U.S. Rep. Blaine Luetkemeyer (R-MO) to reform the Consumer Financial Protection Bureau (CFPB). One is the Consumer Financial Pro...
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Findings from a recently released Association of International Certified Professional Accountants (AICPA) and Certified Investment Management Analyst (CIMA) survey maintain half of the finance profess...
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U.S. Sens. Ben Cardin (D-MD) and Bill Cassidy (R-LA) are espousing the benefits of recently introduced legislation they maintain would aid in increased taxpayer services quality. Legislation propon...
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U.S. Sen. Tim Scott (R-SC) released a discussion draft of a bill he authored that seeks to reform the U.S. housing market. The discussion draft of his bill – the Renewing Opportunity in the Ameri...
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Findings from an Investment Company Institute (ICI) and BrightScope study determined that many nonprofits sponsoring 403(b) plans seek to engage participants and promote retirement saving. Per offi...
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U.S. Sen. John Thune (R-SD) is among a group of Republican senators who introduced legislation that would change labor policies. Specifically, the Employee Rights Act would make several key changes...
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A group of federal agencies recently pledged to uphold the nation's commitment to the core principles of equality and justice amid the emergence of automated systems. The effort involving the Civil...
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The U.S. Treasury Department issued the 2023 De-risking Strategy, which examines how financial institutions are de-risking and why. De-risking occurs when financial institutions terminate or restr...
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