Two Republican senators are urging the comptroller general of the Government Accountability Office (GAO) to audit health care providers under the Federal Employees Health Benefits (FEHB) Program. ...
Read More
U.S. Sens. Ben Cardin (D-MD), Sherrod Brown (D-OH), and Patty Murray (D-WA) recently introduced the Restaurant Revitalization Tax Credit Act, which seeks to create a special tax credit available to re...
Read More
U.S. Sens. Elizabeth Warren (D-MA) and Pat Toomey (R-PA) introduced legislation that would strengthen Federal Reserve accountability and ensure that no financial regulator can withhold ethics-related ...
Read More
U.S. Sen. Ron Wyden (D-OR), chairman of the Senate Finance Committee, is seeking information from Amgen on what he deemed “efforts to avoid billions in taxes through profit-shifting to subsidiaries ...
Read More
The U.S. House of Representatives recently passed four bills that seek to improve various Small Business Administration (SBA) programs. “Small businesses are the beating heart of the American ec...
Read More
The U.S. Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective for Fall 2022, highlighting some key issues facing the federal banking system. While economic growt...
Read More
Public Company Accounting Oversight Board (PCAOB) officials have detailed seven settled disciplinary orders sanctioning the tax and advisory firm KPMG and individuals for a series of alleged violation...
Read More
U.S. Sens. Sherrod Brown (D-OH), Bob Casey (D-PA), and Chris Van Hollen (D-MD) introduced a bill in the Senate that would require companies that own an industrial loan company (ILC) to be subject to t...
Read More
The Congress Joint Economic Committee (JEC) recently released a report touting the benefits of automatic child trust accounts or Baby Bonds, noting the resource offers economic opportunities and socia...
Read More
The Consumer Financial Protection Bureau (CFPB) has determined active duty Reserve and National Guard members are not always receiving interest rate reductions through the Servicemembers Civil Relief ...
Read More