The U.S. District Court for the Southern District of New York ordered FTX Trading and Alameda Research to pay $12.7 billion in monetary relief to FTX customers and victims of FTX’s fraud. The or...
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Two Harbors Investment Corp. has selected Intercontinental Exchange’s Encompass digital mortgage platform to support their new direct-to-consumer recapture originations channel. Encompass is a l...
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New federal financial data and analysis show that under the Inflation Reduction Act (IRA), more than 3.4 million American families benefited from $8.4 billion in tax credits to lower the costs of clea...
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U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) are seeking information from the Social Security Administration (SSA) on its use of artificial intelligence (AI), particularly when it comes to making...
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The U.S. Department of the Treasury approved up to $83 million in State Small Business Credit Initiative (SSBCI) funds to be awarded to a consortium of 125 Alaska Tribes. The investment supports t...
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Congressional lawmakers this week called on the Government Accountability Office (GAO) to quickly review the Premium Stabilization Demonstration for Medicare Part D plans. The demonstration, announ...
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U.S. Sen. Sherrod Brown (D-OH) is seeking information on a trend of rising premiums in home insurance markets. Brown, the chairman of the Senate Committee on Banking, Housing, and Urban Affairs sen...
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The Federal Reserve Board issued final guidance this week to help certain large banks further develop their resolution plans. The final guidance, developed jointly with the Federal Deposit Insuran...
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A new rule adopted today by the Missouri Department of Insurance on annuities drew praise from both the American Council of Life Insurers (ACLI) and the National Association of Insurance and Financial...
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For the first time ever, the U.S. Secret Service conducted an outreach operation in the State of Alaska for payment card skimming and Electronic Benefit Transfer (EBT) fraud. “In the past few mon...
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