The U.S. Commerce Department’s Economic Development Administration (EDA) awarded $25 million to eight grantees as part of the Good Jobs Challenge. Initially funded by the American Rescue Plan, th...
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A newly introduced bipartisan bill in Congress targets credit repair organizations (CROs) that exploit consumers by charging high fees without delivering on promises to improve credit scores. By st...
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U.S. Reps. Jason Smith (R-MO) and Ron Estes (R-KS) are seeking information from the Social Security Administration commissioner on how beneficiaries will receive their benefits from two repealed progr...
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The U.S. Department of the Treasury released a policy brief on trends in small business capital access and the growth of non-bank financial technology providers in the small business market. The br...
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The Securities and Exchange Commission said it has settled charges against broker-dealer Liquidnet Inc. for failing to have controls and procedures in place for market access. The SEC said the alt...
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The Mortgage Credit Availability Index (MCAI) rose in December, jumping 0.7 percent to 96.6. The Conventional MCAI increased 1.3 percent, while the Government MCAI remained unchanged. Within the Co...
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The Financial Data Exchange (FDX) has been recognized as a standard setting body under the Consumer Financial Protection Bureau’s (CFPB) Personal Financial Data Rights rule. The Personal Financi...
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The Conference of State Bank Supervisors (CSBS) announced that 53 state financial regulatory agencies are taking disciplinary action against a mortgage company and its affiliates for deficient cyberse...
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Intercontinental Exchange (ICE), a company that designs, builds and operates digital networks, recently purchased American Financial Exchange (AFX), a self-regulated exchange with more than 240 bank a...
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Final rules establish a program to expand clean energy investments and lower home energy costs were released by the U.S. Department of Treasury Wednesday. The department, along with the IRS, relea...
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