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Tuesday, May 13th, 2025

Home » Industry » Page 179

Industry

GOP lawmakers urge FHFA oversight of Fannie, Freddie

By Dave Kovaleski   |   July 12, 2022   |   Federal

Republican members of the House Housing, Community Development, and Insurance Subcommittee are urging the Federal Housing Finance Agency (FHFA) to provide oversight of activities under Fannie Mae and ...

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Pension Benefit Guaranty Corp. issues final rule to help struggling pensions

By Dave Kovaleski   |   July 11, 2022   |   Featured

The Pension Benefit Guaranty Corporation (PBGC) issued a final rule enacting changes to the Special Financial Assistance (SFA) Program for financially troubled multiemployer pension plans. The SFA...

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Sen. Wyden releases interim report on big pharma tax practices

By Dave Kovaleski   |   July 11, 2022   |   Federal

U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, released an interim report on his investigation into the tax practices of large pharmaceutical companies. The interim report detai...

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Senators seek insight regarding alleged Zelle fraud

By Douglas Clark   |   July 11, 2022   |   Federal

A group of lawmakers recently forwarded correspondence to seven of the nation’s largest banks, seeking answers regarding alleged fraud on the online money transfer program Zelle. U.S. Sens. Eliza...

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Senate advances bill expanding domestic production of semiconductor chips

By Douglas Clark   |   July 8, 2022   |   Federal

U.S. Sens. Marsha Blackburn (R-TN), Gary Peters (D-MI), and Rick Scott (R-FL) recently praised Senate advancement of legislation that seeks to expand domestic semiconductor chip manufacturing. The ...

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CBA report reveals surge in new accounts, reduction in delinquencies for small businesses

By Dave Kovaleski   |   July 8, 2022   |   Industry

A new report from the Consumer Bankers Association (CBA) and the Small Business Financial Exchange (SBFE) reveals some promising trends for small businesses. The report – the Q1 2022 CBA-SBFE Sm...

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New York Gov. Hochul signs into law bill to help businesses get cheaper workers comp insurance

By Dave Kovaleski   |   July 7, 2022   |   Featured

New York Gov. Kathy Hochul signed into law legislation that seeks to restore the ability of businesses to access low-cost workers' compensation coverage through the New York State Insurance Fund (NYSI...

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SEC hits UBS Financial Services with fraud charges over yield enhancement strategy

By Dave Kovaleski   |   July 6, 2022   |   Federal

UBS Financial Services has agreed to pay $25 million to settle fraud charges by the Securities and Exchange Commission related to a complex investment strategy referred to as YES, or yield enhancement...

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House bill would protect construction contractors from unfair change orders

By Dave Kovaleski   |   July 6, 2022   |   Featured

A bipartisan bill recently introduced in the House seeks to protect construction contractors from unfair change orders by federal agencies during the procurement process. The Small Business Paymen...

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MBA study examines baby boomer factors, housing stock availability

By Douglas Clark   |   July 5, 2022   |   Federal

A Mortgage Bankers Association (MBA) Research Institute for Housing America (RIHA) study has examined the impact of baby boomers' aging and eventual death on the housing supply. Results from "Who W...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Bankers fear imminent recession, survey says
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Credit Suisse hit with $510M fine for IRS violations
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • Forward Air board under fire from activist investor Ancora
  • Legislation would help small businesses bring new technologies to market
  • OCC adopts new rules for bank mergers
  • Tariffs have begun harming small businesses, according to Senate committee report

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