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Thursday, May 15th, 2025

Home » Industry » Page 116

Industry

Measure targets disabled Americans Social Security work disincentive

By Douglas Clark   |   June 26, 2023   |   Federal

A group of lawmakers have introduced a bill that would address a work Social Security work disincentive presently impacting disabled Americans. Senate Finance Committee Chairman Ron Wyden (D-OR) an...

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Legislation targets enhanced crop, livestock insurance protections

By Douglas Clark   |   June 23, 2023   |   Federal

U.S. Reps. Randy Feenstra (R-IA) and Angie Craig (D-MN) are espousing the benefits of legislation they maintain would offer farmers greater crop and livestock insurance protections. The Crop Insura...

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Reports examines southern state banking access, consumer finance

By Douglas Clark   |   June 23, 2023   |   Industry

Two recently released Consumer Financial Protection Bureau (CFPB) reports examine financial opportunities and challenges facing Southern communities regarding banking access and consumer finance. C...

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Reps. Huizenga, Barr introduce bill to amend Securities Act on disclosures

By Dave Kovaleski   |   June 23, 2023   |   Federal

U.S. Reps. Bill Huizenga (R-MI) and Andy Barr (R-KY) introduction legislation this week in the House that amends the securities laws to put parameters around disclosures. Their bill, the Mandatory...

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Report examines future credit condition expectations

By Douglas Clark   |   June 21, 2023   |   Industry

The latest American Bankers Association (ABA) Credit Conditions Index maintains bank economists expect credit conditions to soften the remainder of the year through economic headwinds faced by consume...

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Treasury Department releases report that reviews policies of major U.S. trading partners

By Dave Kovaleski   |   June 21, 2023   |   Featured

The U.S. Department of the Treasury released a report this week that reviewed and assessed the policies of major U.S. trading partners. Among the major findings, the semiannual Report to Congress o...

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Rep. Waters, Sen. Brown express concerns regarding golf league merger security

By Douglas Clark   |   June 21, 2023   |   Federal

U.S. Rep. Maxine Waters (D-CA) and U.S. Sen. Sherrod Brown(D-OH) have expressed security concerns regarding a golf league merger that includes Saudi-backed LIV Golf. Waters, the top Democrat on the...

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Democratic legislators advocate PayPal Venmo user fraud protections

By Douglas Clark   |   June 20, 2023   |   Federal

A group of lawmakers have forwarded correspondence to PayPal President and CEO Dan Schulman, advocating fraud protection for Venmo users patronizing the platform. U.S. Sens. Sherrod Brown, chairman...

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CFPB examines financial institution chatbots adoption, use

By Douglas Clark   |   June 20, 2023   |   Industry

The Consumer Financial Protection Bureau (CFPB) has released a new issue spotlight regarding financial institutions adoption and use of chatbots. “To reduce costs, many financial institutions are...

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Legislation seeks to encourage student loan refinancing initiative

By Douglas Clark   |   June 20, 2023   |   Federal

Four lawmakers have reintroduced legislation that would enable federal student loan holders to refinance their loans while still remaining public borrowers. U.S. Reps. Mike Turner (R-OH), Donald N...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • OCC adopts new rules for bank mergers
  • Bankers fear imminent recession, survey says
  • Forward Air board under fire from activist investor Ancora
  • Bipartisan bill would help GSE’s develop low-income housing
  • Legislation would help small businesses bring new technologies to market
  • Lawmakers urge reconsideration of Capital One-Discover merger
  • Trump signs into law resolution overturning overdraft cap rule
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Credit Suisse hit with $510M fine for IRS violations

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