The Financial Stability Oversight Council approved its 2022 annual report, which cites both risks to the U.S. economy as well as the resilience of the financial system. In summary, the report exa...
Read More
U.S. Sens. Pat Toomey (R-PA) and Bill Hagerty (R-TN) introduced legislation last week that would make the Consumer Financial Protection Bureau (CFPB) accountable to Congress. The CFPB Stability Ac...
Read More
A group of lawmakers recently urged the Government Accountability Office (GAO) to conduct a comprehensive study on asset management disparities. U.S. Rep. Maxine Waters (D-CA), chairwoman of the Ho...
Read More
U.S. Sens. Ron Wyden (D-OR) and Bob Casey (D-PA) recently praised Biden administration proposals seeking protections for people with Medicare. Health and Human Services (HHS), via the Centers for M...
Read More
The Securities and Exchange Commission (SEC) adopted new disclosure requirements to enhance investor protections against insider trading. The amendments include updates that aim to strengthen inve...
Read More
99999++House Financial Services Committee Republicans are expressing concerns to the Consumer Financial Protection Bureau (CFPB) regarding actions related to nonbank financial firms exceeding the agen...
Read More
The Independent Community Bankers of America (ICBA) has indicated consumers join the organization in opposing the Credit Card Competition Act, noting the measure would end popular credit card rewards ...
Read More
U.S. Sen. Marco Rubio (R-FL) and U.S. Rep. Ro Khanna (D-CA) introduced legislation this week that seeks to rebuild critical industries by increasing coordination between federal finance programs. ...
Read More
The U.S. venture capital (VC) deals are slowing in the face of ongoing economic headwinds, according to the Q3 2022 PitchBook-NVCA Venture Monitor. The quarterly report, produced by PitchBook and t...
Read More
Justice Department officials have outlined the Danske Bank guilty plea and agreement to forfeit $2 billion to resolve the U.S. investigation into alleged fraud on domestic banks. The Justice Depart...
Read More