The U.S. House of Representatives House passed the Adjustable Interest Rate (LIBOR) Act – a bill that protects an estimated $16 trillion in assets when the London Interbank Offered Rate (LIBOR) is d...
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The Financial Crimes Enforcement Network (FinCEN) has issued a Notice of Proposed Rulemaking (NPRM) regarding beneficial ownership information reporting provisions via the Corporate Transparency Act (...
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The House of Representatives Joint Economic Committee (JEC) recently released a report detailing the dire financial circumstances for families, communities and businesses amid climate change inaction....
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The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that facilitates the transition away from the LIBOR interest rate index for consumer financial products. The new rule est...
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U.S. Reps. Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, and Joyce Beatty (D-OH), chair of the Subcommittee on Diversity and Inclusion, released a report on diversity and...
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U.S. Reps. Scott Franklin (R-FL) and James Comer (R-KY) are looking for an update from the Justice Department on its efforts to pursue COVID-19 relief stolen by transnational and state-sponsored organ...
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The Office of the Comptroller of the Currency (OCC) has released findings from a report examining the COVID-19 pandemic's impact on the federal banking industry. The OCC's Semiannual Risk Perspecti...
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U.S. Sen. Elizabeth Warren (D-MA) joined U.S. Reps. Joaquin Castro (D-TX), David Cicilline (D-RI), Pramila Jayapal (D-WA), and 29 colleagues in sending the letter to U.S. Attorney General Merrick B. G...
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The Securities and Exchange Commission (SEC) named Ernesto Lanza as its acting director of the Office of Municipal Securities (OMS). Lanza replaces Rebecca Olsen, who was named deputy chief for th...
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The National Association of Federally-Insured Credit Unions (NAFCU) is urging the Federal Housing Finance Agency (FHFA) to assist the government-sponsored enterprises (GSEs) in increasing opportunitie...
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