U.S. Sens. Raphael Warnock (D-GA) and Sherrod Brown (D-OH) sent letters urging major banks to lower or fully eliminate their overdraft fees. The letters were sent to the CEOs of Charles Schwab, JP...
Read More
The Federal Deposit Insurance Corporation (FDIC) is seeking comment and feedback on the effectiveness of current rules and regulations related to bank mergers. Specifically, the request for informa...
Read More
U.S. Rep. Maxine Waters (D-CA) is seeking information from various trade associations seeking information on what actions financial institutions and businesses have cut ties to Russia and businesses t...
Read More
U.S. Sen. Mike Rounds (R-SD) introduced legislation that would encourage more investment by venture capital firms. The Developing and Empowering our Aspiring Leaders (DEAL) Act would direct the Se...
Read More
A group of lawmakers recently introduced a bill to update the Employee Rights Act, offering protections for independent contractors, franchisees, entrepreneurs, and others with flexible work options. ...
Read More
The Securities and Exchange Commission (SEC) has proposed changes that would remove the references to credit rating agencies from existing exceptions provided in Rule 101 and Rule 102 of Regulation M....
Read More
The Consumer Financial Protection Bureau (CFPB) said it has issued policy guidance to address potentially illegal practices related to consumer reviews. “In America, no corporation should be able...
Read More
Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry's standards group, is initiating an endeavor to standardize flood risks disclosure. The effort stems f...
Read More
The National Venture Capital Association (NVCA) 2022 Yearbook maintains over 14,400 domestic venture-backed companies raised funds last year, representing a new annual record. “On the surface, 20...
Read More
The Securities and Exchange Commission (SEC) proposed a new rule this week that would require public companies to include certain climate-related disclosures in their registration statements. Spec...
Read More