U.S. Sens. Alex Padilla (D-CA) and Kevin Cramer (R-ND) introduced legislation that would allow credit unions to purchase central liquidity facility (CLF) capital stock for a specific subset of members...
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U.S. Reps. Bill Huizenga (R-MI) and Andy Barr (R-KY) introduced a bill that would require the Securities and Exchange Commission (SEC) to alter how it issues disclosures. Specifically, the Mandator...
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The Federal Reserve Board is inviting public comment on a proposed framework for managing climate-related financial risks for large banking organizations. The proposed principles, which apply to on...
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The House of Representatives Select Subcommittee on the Coronavirus Crisis has released a report critical of some financial technology companies (fintechs) in administering the Paycheck Protection Pro...
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U.S. Sens. Mazie Hirono (D-HI) and Ben Cardin (D-MD) introduced legislation this week that aims to reauthorize and improve the U.S. Small Business Administration’s (SBA) Small Business Development C...
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Securities and Exchange Commission (SEC) officials have detailed a settlement agreement in which AT&T has agreed to pay a $6.25 million penalty stemming from March 2021 SEC charges. Additionally, t...
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The latest American Bankers Association (ABA) Credit Card Market Monitor maintains consumers continued to manage their credit well despite slowed economic growth in the second quarter of this year. ...
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A group of Senate Finance Committee lawmakers recently released the fifth and final legislative discussion draft that seeks to improve mental health parity in Medicare and Medicaid. Senate Finance ...
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An Association of International Certified Professional Accountants (AICPA) and Chartered Institute of Management Accountants (CIMA) survey maintains 51 percent of business executives foresee an econom...
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The Treasury Department has initiated initial Inflation Reduction Act guidance regarding labor standards the agency noted firms must meet to qualify for enhanced clean energy and climate tax incentive...
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