The U.S. Treasury Department and the Internal Revenue Service (IRS) are looking to close a major tax loophole exploited by large, complex partnerships. The Treasury estimates that this initiative...
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A group called Protecting Americans’ Coverage Together (PACT) is among a group of 70 organizations urging Congress to reject proposals to tax employer-provided coverage. PACT is a coalition that ...
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A report examining how hedge funds use artificial intelligence (AI) to inform trading decisions was released this week by U.S. Sen. Gary Peters (D-MI), chair of the Senate Homeland Security and Go...
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A group of financial industry associations are calling on Congress to pass a bill that seeks to protect vulnerable adults from financial exploitation. The bill in question is called the Financial E...
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Senate Republicans introduced legislation last week that seeks to require funding for the Consumer Financial Protection Bureau (CFPB) to be appropriated by Congress. Currently, the Federal Reserve...
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A new analysis from the U.S. Department of Treasury’s Office of Economic Policy (OEP) has found that American businesses are doing well because they are productively investing their earnings. Th...
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Consumers have saved more than $1 billion in upfront costs on their purchase of more than 150,000 clean vehicles since the start of the year, according to the U.S. Department of the Treasury and the I...
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A bipartisan bill that seeks to help small businesses land government contracts was passed in the U.S. House of Representatives this week. The Small Business Procurement and Utilization Reform (SP...
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On Tuesday, the Securities and Exchange Commission announced it had charged Ilit Raz, founder and CEO of the Artificial Intelligence (AI) recruitment startup Joonko with fraud. According to the SE...
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The Consumer Financial Protection Bureau (CFPB) proposed a new rule that would remove medical bills from most credit reports. Specifically, the proposed rule would: • Remove the exception that...
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