U.S. Sen. Sherrod Brown (D-OH) sent a letter Tuesday to the CEO of Wells Fargo urging the bank related to address its recent issues related to risk management and minority hiring practices. Brown, ...
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Journal of Financial Planning and Financial Planning Association (FPA) study findings examining environmental, social and governance (ESG) investing strategies determined 14 percent of advisers used o...
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U.S. Sen. Elizabeth Warren (D-MA) is detailing her 26-page report examining special purpose acquisition companies (SPACs) while advocating greater oversight of the publicly traded shell companies. ...
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A group of lawmakers recently forwarded correspondence to Treasury Secretary Janet Yellen, noting they have concerns regarding the proposed acquisition of Forbes under an entity with Chinese Communist...
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The U.S. Congress Joint Economic Committee and the Congressional Asian Pacific American Caucus released a report last week on the economic situation among the diverse Asian American, Native Hawaiian, ...
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The Consumer Financial Protection Bureau (CFPB) maintains companies are not absolved of legal responsibilities when enabling a black-box model or algorithms to make lending decisions. The CFPB rece...
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A group of U.S. Senators introduced legislation that seeks to reduce the amount of board meetings credit unions are required to have. At present, credit union boards are required to meet at least o...
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The Credit Union National Association (CUNA) is among a group of organizations that have expressed their support for a bill that would permit remote notary signing. The organizations point out tha...
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A group of lawmakers on the Senate Finance Committee released a discussion draft for telehealth policies designed to improve mental health care across the nation. The discussion draft includes poli...
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Fintech firm Consilient officials are detailing the company's effort to secure $3 million in private seed funding to aid financial crime prevention technology development. "Criminals adapted during...
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