Last week, legislation was introduced in Congress to protect consumers from deceptive and predatory payday lending practices. The Stopping Abuse and Fraud in Electronic (SAFE) Lending Act was intr...
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U.S. Reps. Blaine Luetkemeyer (R-MO) and Ted Budd (R-NC) introduced legislation that seeks to bring more accountability to the Financial Accounting Standards Board (FASB). The Responsible Accounting ...
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A recent report from the U.S. Department of the Treasury is calling for enhanced oversight of the consumer financial activities of non-bank firms, particularly fintech entities. The Treasury Depart...
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A group of banking industry associations responded to a request for information (RFI) by the Cybersecurity and Infrastructure Security Agency (CISA) on new cyber incident reporting requirements. Th...
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The Consumer Financial Protection Bureau (CFPB) recently issued two reports examining the tenant background check industry maintain errors often result in increased costs and quality rental housing ba...
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The Securities and Exchange Commission (SEC) filed 760 total enforcement actions in fiscal year 2022, a 9 percent increase over the previous fiscal year, the commission announced this week. Of thi...
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The Securities and Exchange Commission (SEC) has charged S&P Global Ratings with violating rules designed to prevent sales and marketing considerations from influencing credit ratings. The SEC invo...
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A Union Bank-commissioned survey of small business owners has determined there is optimism about the holiday season and confidence in preparation to adapt amid efforts to meet customer needs. The ...
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New York Stock Exchange (NYSE) officials are touting trading of the PIMCO Active Bond Exchange-Traded Fund (ETF) as the first ETF to list on the NYSE in 15 years. The PIMCO Active Bond also serves ...
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A publication recently released by the Bank of America Institute, a Bank of America think tank, maintains October's overall consumer spending increased, but at a slower pace than prior months. "Our...
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