On Wednesday, U.S. Rep. Virginia Foxx (R-C) announced the House had passed her workforce development bill, putting more Americans on the path to successful careers. The A Stronger Workforce for Am...
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A new report from the American Bankers Association (ABA) reveals a growing optimism among bank economists about the outlook for credit conditions over the next six months. The ABA’s Credit Condit...
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U.S. Sen. John Hoeven (R-ND) introduced legislation this week that is designed to strengthen crop insurance and make higher levels of coverage more affordable for producers. The Federal Agricultur...
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On Tuesday, U.S. Sen. Jeanne Shaheen (D-NH) said a new Small Business Majority report shows that a majority of small business owners support legislative action to address child care affordability and ...
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The U.S. Department of the Treasury and Internal Revenue Service (IRS) have proposed regulations on the stock buyback or “repurchase” excise tax. This is a key provision included in the Inflati...
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U.S. Sen. Tim Scott (R-SC) introduced a resolution that seeks to overturn the Consumer Financial Protection Bureau’s (CFPB) rule that puts a cap on credit card late penalties. The CFPB’s rule,...
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On Monday, Empower Finance announced it would be acquiring Petal, a consumer credit card and financial technology company in New York, on the heels of acquiring Cashalo, a consumer credit and lending ...
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A new report from the Consumer Financial Protection Bureau (CFPB) found that as overall interest rates rose, more borrowers paid “discount points” upfront. The report stated that the percentage...
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On Friday, the U.S. Department of Treasury announced it would be accepting applications for the Investing in American Small Business Opportunity Program (SBOP). The program is part of the Treasury...
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The Independent Community Bankers of America (ICBA) released new poll results on how Americans feel about legislation to create credit card routing mandates. The survey stems from the Credit Card C...
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