U.S. Sens. Elizabeth Warren (D-MA) and Pat Toomey (R-PA) introduced legislation that would strengthen Federal Reserve accountability and ensure that no financial regulator can withhold ethics-related ...
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U.S. Sen. Ron Wyden (D-OR), chairman of the Senate Finance Committee, is seeking information from Amgen on what he deemed “efforts to avoid billions in taxes through profit-shifting to subsidiaries ...
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The U.S. House of Representatives recently passed four bills that seek to improve various Small Business Administration (SBA) programs. “Small businesses are the beating heart of the American ec...
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The U.S. Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective for Fall 2022, highlighting some key issues facing the federal banking system. While economic growt...
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Public Company Accounting Oversight Board (PCAOB) officials have detailed seven settled disciplinary orders sanctioning the tax and advisory firm KPMG and individuals for a series of alleged violation...
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U.S. Sens. Sherrod Brown (D-OH), Bob Casey (D-PA), and Chris Van Hollen (D-MD) introduced a bill in the Senate that would require companies that own an industrial loan company (ILC) to be subject to t...
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The Congress Joint Economic Committee (JEC) recently released a report touting the benefits of automatic child trust accounts or Baby Bonds, noting the resource offers economic opportunities and socia...
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The Consumer Financial Protection Bureau (CFPB) has determined active duty Reserve and National Guard members are not always receiving interest rate reductions through the Servicemembers Civil Relief ...
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U.S. Sens. Alex Padilla (D-CA) and Kevin Cramer (R-ND) introduced legislation that would allow credit unions to purchase central liquidity facility (CLF) capital stock for a specific subset of members...
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U.S. Reps. Bill Huizenga (R-MI) and Andy Barr (R-KY) introduced a bill that would require the Securities and Exchange Commission (SEC) to alter how it issues disclosures. Specifically, the Mandator...
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