U.S. Sens. Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Maria Cantwell (D-WA) and Gary Peters (D-MI) are urging the federal government to release economic data before the Federal Reserve’s Decemb...
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U.S. Sen. Jerry Moran (R-KS) recently introduced legislation to reform the prevailing wage requirements under the Davis-Bacon Act. Enacted in 1931, the Davis-Bacon Act requires construction contrac...
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Antonia M. Apps, Securities and Exchange Commission (SEC) Division of Enforcement (Northeast) deputy director, will conclude her tenure on Dec. 1. She was appointed Division of Enforcement acting depu...
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The Financial Accounting Standards Board (FASB) published an update to its accounting standards that improves the accounting for purchased loans. This change stems from a review where stakeholders ...
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The U.S. Attorney for the District of Columbia recently launched a Scam Center Strike Force to aggressively address crypto-facilitated fraud and scams originating from Southeast Asia. It will use ...
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The Independent Community Bankers of America (ICBA) released a white paper that examines why policymakers should close a legal loophole that allows industrial loan companies to avoid regulatory oversi...
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U.S. Sens. Jim Banks (R-IN), Elizabeth Warren (D-Mass.), Tom Cotton (R-AK), Chris Coons (D-DE), Dave McCormick (R-PA) and Chuck Schumer (D-NY) introduced legislation to foster AI innovation and commer...
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U.S. Reps. Mike Lawler (R-NY), Joyce Beatty (D-OH), and Young Kim (R-CA) introduced a bill to allow banks to increase community investments and promote public welfare as well as local economic develop...
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Community Bank, the banking subsidiary of Community Financial System, recently acquired seven branch locations from Santander Bank in the Allentown, Penn., area. The purchase adds approximately $5...
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According to a new report from the National Federation of Independent Businesses (NFIB), nearly a third (32 percent) of small businesses report having job openings they couldn’t fill in October. ...
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