The rise in Environmental, Social, and Governance (ESG)-related initiatives must be mitigated to protect shareholders and the strength of U.S. capital markets, according to a new staff report released...
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U.S. Sen. Marco Rubio (R-FL) introduced legislation last week that seeks to stop foreign nations from evading sanctions. The Sanctions Evasion Prevention and Mitigation Act (S. 4858) is designed t...
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The Consumer Bankers Association (CBA) and Bank Policy Institute are calling on the Consumer Financial Protection Bureau (CFPB) to rescind a rule that would regulate buy-now-pay-later providers. Bu...
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United States military veterans who start a small business in America’s underserved communities would get a tax credit under a new bipartisan bill proposed in Congress. Specifically, the Veterans...
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Republicans on the House Financial Services Committee are asking Federal Reserve Board Chairman Jerome Powell to withdraw the "misguided" Basel III Endgame rule and submit an entirely new proposal. ...
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Two bills designed to expand AI educational opportunities and train businesses on AI were passed this week by the U.S. Senate Commerce, Science and Transportation Committee. The National Science Fo...
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Eleven Republicans on the U.S. Senate Banking Committee are concerned that a proposed rulemaking by the Federal Deposit Insurance Corporation (FDIC) regarding standards for corporate governance contai...
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The Federal Reserve Bank of Kansas City appointed Jeremy Hill as its assistant vice president and regional executive. In this role, Hill will serve as the bank’s regional economist for Kansas and...
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Pennsylvania is the newest state to offer a free tax filing option for 2025 from the Internal Revenue Service (IRS) and at least 1.5 million Pennsylvanians will be eligible to use the free online fili...
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The Commodity Futures Trading Commission (CFTC) approved final rules amending part 48 of its regulations that relate to foreign boards of trade (FBOT). Specifically, the final rule permits a foreig...
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