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Tuesday, May 13th, 2025

Home » Industry » Page 181

Industry

CFPB issues final rule to help survivors of human trafficking

By Dave Kovaleski   |   June 28, 2022   |   Federal

The Consumer Financial Protection Bureau (CFPB) issued a final rule to financially help survivors of human trafficking. Survivors often find that their credit reports reflect financial obligations...

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SEC adopts amendments on adviser, manager electronic filing requirements

By Douglas Clark   |   June 28, 2022   |   Federal

The Securities and Exchange Commission (SEC) recently adopted amendments focusing on electronic filing requirements for investment advisers and institutional investment managers. “In a digital ag...

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Sen. Toomey advocates long-term NFIP reauthorization

By Douglas Clark   |   June 28, 2022   |   Federal

U.S. Sen. Pat Toomey (R-PA) is urging Congress to seek long-term reauthorization of the National Flood Insurance Program (NFIP) to benefit taxpayers and homeowners. Officials said Toomey encouraged...

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Agencies launch resource addressing racial gap in homeownership

By Douglas Clark   |   June 27, 2022   |   Federal

Mortgage Bankers Association (MBA) and National Fair Housing Alliance (NFHA) officials are touting the launch of an online toolkit to aid in addressing the racial homeownership gap. The resource is...

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ICBA, others seek reconsideration of FDIC’s decision to eliminate Office of Supervisory Appeals

By Douglas Clark   |   June 27, 2022   |   Federal

The Independent Community Bankers of America (ICBA) has joined other groups in requesting the Federal Deposit Insurance Corporation (FDIC) reconsider its decision to eliminate the Office of Supervisor...

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House Financial Services Committee advances 10 bills

By Dave Kovaleski   |   June 27, 2022   |   Featured

The House Financial Services Committee advanced 10 bills last week that reduce housing costs, help small businesses, and protect whistleblowers, among others. Among the legislation advanced is the...

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Senate Finance Committee advances Retirement Security and Savings Act

By Dave Kovaleski   |   June 24, 2022   |   Federal

The Senate Finance Committee unanimously advanced the Retirement Security and Savings Act, sponsored by U.S. Sens. Rob Portman (R-OH) and Ben Cardin (D-MD). The bill, S. 1770, would help small busi...

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Bipartisan senators applaud enactment of small business bankruptcy legislation

By Douglas Clark   |   June 24, 2022   |   Federal

U.S. Sens. Sheldon Whitehouse (D-RI), Dick Durbin (D-IL), Chuck Grassley (R-IA), and John Cornyn (R-TX) recently applauded the enactment of their legislation that aids small businesses and individuals...

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FDIC board proposes rule to increase deposit insurance assessment rates

By Dave Kovaleski   |   June 23, 2022   |   Federal

The Federal Deposit Insurance Corporation (FDIC) board proposed a rule to increase deposit insurance assessment rates by 2 basis points for all insured depository institutions. This increase is pro...

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Sen. Warren, Reps. Porter and Sherman request investigation of tax preparation company

By Douglas Clark   |   June 23, 2022   |   Federal

Three Democratic legislators recently forwarded correspondence to Treasury Department, Internal Revenue Service (IRS), and Federal Trade Commission (FTC) officials, requesting an in-depth investigatio...

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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
  • 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
  • OCC adopts new rules for bank mergers
  • Legislation would help small businesses bring new technologies to market
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Legislation would promote competition in mobile app marketplace

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