The U.S. Department of the Treasury said North Carolina has secured up to $201.9 million through the State Small Business Credit Initiative (SSBCI) to operate three different programs. The effort w...
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U.S. Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) introduced legislation to enhance competition and choice in the credit card network market. The Credit Card Competition Act of 2022 would dir...
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The Office of Financial Research (OFR) recently announced the launch of a new tool that seeks to aid financial regulators with regard to climate-risk assessments. The Climate Data and Analytics Hub...
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U.S. Reps. Suzanne Bonamici (D-OR) and Brian Fitzpatrick (R-PA) are sponsoring a bill to help student loan borrowers avoid default. The Streamlining Income-driven, Manageable Payments on Loans for ...
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U.S. Reps. Blaine Luetkemeyer (R-MO) and Bill Huizenga (R-MI) introduced a bill in the House that would require investment advisors of index funds to vote proxies in accordance with the instructions o...
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A bipartisan group of lawmakers recently forwarded correspondence to the U.S. Department of Justice (DOJ), seeking insight regarding health insurance industry federal antitrust enforcement. U.S. R...
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The American Securities Association (ASA) recently expressed support for the House Financial Services Committee's position regarding Securities and Exchange Commission (SEC) Rule 15c2-11 and implicati...
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U.S. Rep. Trey Hollingsworth (R-IN) recently introduced legislation encouraging more investment from venture capital firms. The Developing and Encouraging our Aspiring Leaders (DEAL) Act, which u...
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A new report released Tuesday has found that China has worked to target, influence, and undermine the U.S. Federal Reserve. The report, from U.S. Sen. Rob Portman (R-OH), ranking member of the Sen...
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U.S. Sens. Sherrod Brown (D-OH) and Cory Booker (D-NJ) joined 17 colleagues in reintroducing the Fair Access to Financial Services Act, which would prohibit banks and other financial institutions from...
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