U.S. Sens. Cynthia Lummis (R-WY), Kyrsten Sinema (D-AZ), Mark Warner (D-VA), and Bill Hagerty (R-TN) recently introduced legislation that seeks to ease Main Street business initial public offering (IP...
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Republican members in the Senate Finance Committee are urging U.S. Treasury Secretary Janet Yellen to engage with Congress on an international tax agreement for G-20 nations. The Organization for E...
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U.S. Rep. Nydia M. Velázquez (D-NY) has introduced legislation to broaden non-bank lender reporting and examination requirements under the Consumer Financial Bureau (CFPB). The Promoting Fair Lend...
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U.S. Reps. Stephen Lynch (D-MA) and Carolyn Maloney (D-NY) are seeking information from Credit Suisse about its compliance with international economic sanctions on Russia for its invasion of Ukraine. ...
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U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI) are calling on Biden administration officials to close the loophole that exempts the private investment industry from anti-money launde...
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Nearly 100 lawmakers have forwarded correspondence to President Joe Biden, advocating for a federally-held student loan payments pause and meaningful student debt cancellation. "We are writing to u...
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U.S. Sens. Kirsten Gillibrand (D-NY) and Bernie Sanders (I-VT) are sponsoring legislation that would create banking services through the post office. The Postal Banking Act would establish a nonpro...
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U.S. Sens. Sherrod Brown (D-OH) and Dick Durbin (D-IL) led correspondence to four entities, advocating for small businesses to garner access to credit amid the Main Street pandemic recovery. Brown,...
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The U.S. House of Representatives passed legislation designed to increase retirement savings for Americans. Specifically, the Securing a Strong Retirement Act of 2022 expands automatic enrollment ...
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A recent Consumer Financial Protection Bureau (CFPB) report found that credit card companies assessed late fees totaling $12 billion in 2020. “Many credit card issuers have made late fee penalti...
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