On Wednesday, the U.S. Chamber of Commerce announced that it was challenging the Federal Trade Commission’s (FTC) recent ruling banning noncompete clauses. The Chamber filed a coalition lawsuit ...
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U.S. Rep. Jason Smith (R-MO), chair of the House Ways and Means Committee, and Rep. Mike Kelly (R-PA), chair of the House Tax Subcommittee have led the formation of 10 Committee Tax Teams, comprised o...
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The Securities and Exchange Commission (SEC) published a new report this week of Registered Fund Statistics. The report, which will be updated on a quarterly basis, is designed to provide the publi...
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The U.S. Department of Labor (DOL) has finalized its Retirement Security Rule, which updates the definition of an investment advice fiduciary. The final rule requires trusted investment advice provid...
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CME Group, the leading derivatives marketplace, is set to launch trading for its new credit futures contracts on June 17, pending regulatory reviews. CME Group’s credit futures will be the first fu...
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The total number of loans now in forbearance remained unchanged in March, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. According to the report, 110,000 home...
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On Thursday, U.S. Reps. French Hill (R-AR) and David Scott (D-GA) introduced legislation to provide greater transparency in bank exams. The legislation, the Fair Audits and Inspections for Regula...
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U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) are urging the nation’s four largest banks to protect consumers from wire fraud. In a letter to the CEOs of JPMorgan Chase, Bank of America, ...
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U.S. Sen. Tim Scott (R-SC) introduced a resolution to overturn the Securities and Exchange Commission’s (SEC) climate disclosure rule. The resolution calls for the disapproval of the SEC rule, ca...
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On Thursday, U.S. Rep. Blaine Luetkemeyer introduced legislation that would force federal agencies to identify the number of small businesses that would be affected by new regulations. The Regulat...
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