A group of Democratic senators recently urged federal agencies to coordinate a supervisory approach to peer-to-peer payment systems such as Zelle and similar apps with the Consumer Financial Protectio...
Read More
Senate Banking Committee Republicans have forwarded correspondence to Federal Reserve System Board of Governors Chair Jerome Powell, citing concerns regarding Federal Reserve capital review requiremen...
Read More
A bill that would reform the Internal Revenue Service’s (IRS) Whistleblower Awards Program was introduced in Congress this week. IRS Whistleblower Program Improvement Act was introduced by U.S. R...
Read More
U.S. Sen. Martin Heinrich (D-NM), the chair-designate of the Joint Economic Committee, is among a group of senators urging President Joe Biden to utilize a “whole-of-government” approach to addres...
Read More
U.S. Rep. Alex X. Mooney (R-WV) recently reintroduced the Transparency in Consumer Financial Protection Bureau (CFPB) Cost-Benefit Analysis Act (H.R. 1313), which seeks to bolster Consumer Financial P...
Read More
U.S. Sen. Sherrod Brown (D-OH) expressed concerns to the Acting Comptroller of the Currency about bank branch closures in low- to moderate-income communities. The inquiry follows a report from the...
Read More
The U.S. House of Representatives advanced legislation that would require the president to publish the inflationary impact of executive actions before enacting them. The Reduce Exacerbated Inflatio...
Read More
A recent report examined Medicare Supplement Insurance (Medigap) marketing practices and how some of the approaches are harmful to seniors. U.S. Sen. Elizabeth Warren (D-MA) released Sales Before S...
Read More
U.S. Reps. Mike Kelly (R-PA) and Jimmy Panetta (D-CA) reintroduced Wednesday the More Homes on the Market Act, which addresses housing availability and affordability concerns. Per the bill, the tax...
Read More
The Credit Union National Association (CUNA) recently joined a group of organizations asking the Consumer Financial Protection Bureau (CFPB) to extend the deadline to comment on the bureau’s proposa...
Read More