The Consumer Bankers Association (CBA) will continue to oppose proposed legislation imposing a cap on interest rates, which it maintains would limit consumers’ credit access. The CBA has indicate...
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The Federal Housing Finance Agency (FHFA) House Price Index (HPI) determined third-quarter domestic house prices increased 18.5 percent from the same time frame from 2020 to 2021. Additionally, the...
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U.S. Reps. Maxine Waters (D-CA) and Bill Foster (D-IL) are urging federal financial regulators to ensure that advanced technologies like artificial intelligence (AI) do not create an algorithmic bias ...
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Republican leaders in the Minnesota House of Representatives are urging Gov. Tim Walz to provide relief for businesses from upcoming unemployment insurance payroll tax increases. Due to the unpre...
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A group of Democratic lawmakers, including Rep. Dan Kildee (D-MI), chief deputy whip of the House Democratic Caucus, are urging Congress to fully fund the U.S. Department of Housing and Urban Developm...
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Securities and Exchange Commission (SEC) officials have detailed a settlement agreement the agency has established with oilfield services company ProPetro Holding Corp. and its founder and former CEO ...
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The Office of the Comptroller of the Currency (OCC) is requiring national banks and federal savings associations to demonstrate that they have adequate controls in place before they can engage in cert...
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U.S. Sen. Sherrod Brown (D-OH) has forwarded correspondence to stablecoin issuers and exchanges, seeking insight regarding efforts to protect consumers and investors. Brown sent letters to Circle, ...
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The Credit Union National Association (CUNA) is offering support to a measure the organization said would prevent direct Small Business Administration (SBA) 7(a) loan program lending. The CUNA note...
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Federal bank regulatory agencies – including the Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency – issued a joint statement on their wor...
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