U.S. Sen. Ron Wyden (D-OR) is calling on the Internal Revenue Service (IRS) to step up enforcement against wealthy individuals who fail to file tax returns, citing a new report that said thousands of ...
Read More
A bipartisan group in the House, led by U.S. Rep. Mike Flood (R-NE), introduced legislation recently that would prohibit certain federal agencies from requiring certain institutions to include assets ...
Read More
On Monday, the Consumer Financial Protection Bureau (CFPB) announced it was beginning the process to remove medical bills from Americans’ credit reports. The proposal, the bureau said, would hel...
Read More
The Commodity Futures Trading Commission (CFTC) is holding a virtual event on Oct. 4 that is focused on combatting fraud and scams in the digital world. The event, called Technology and Fraud: Stop...
Read More
California Gov. Gavin Newsom is urging the state’s insurance commissioner to take steps to stabilize and improve the property insurance marketplace in the state. This call comes as climate change...
Read More
The third quarter Small Business Index, produced by the U.S. Chamber of Commerce and MetLife, hit its highest score since the start of the pandemic, as small businesses see an improving economy. T...
Read More
A bill that would permit sanctions on certain Chinese entities in China’s defense and surveillance technology sectors was passed by the House Financial Services Committee this week. The Chinese ...
Read More
Several leading financial groups, including the Consumer Bankers Association (CBA), voiced their opposition this week to a bill introduced in the U.S. Senate that would cap credit card interest rates....
Read More
On Tuesday, the Consumer Financial Protection Bureau (CFPB) released guidelines for lenders to adhere to when using artificial intelligence and other models to deny consumers credit. The guidance ...
Read More
A bipartisan group of House legislators on the Ways and Means Committee is urging the federal authorities to combat Canada’s unilateral imposition of a digital services tax (DST). The lawmakers,...
Read More