Low- and moderate-income taxpayers who save for retirement may be eligible for a tax credit in 2025 and beyond. The Retirement Savings Contributions Credit, also known as the Saver’s Credit, help...
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The Small Business Administration (SBA) and the Office of Management and Budget (OMB) took actions to increase access to federal lending and contracting opportunities for small businesses. The SBA...
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The Securities and Exchange Commission (SEC) updated its list of unregistered entities that use misleading information to solicit mainly non-U.S. investors The list, known as the Public Alert: Unre...
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The Office of the Comptroller of the Currency announced it will increase assessment rates for large banks and other institutions in 2025. Assessments fees for institutions with more than $40 billi...
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The Federal Home Loan Bank of New York, a Congressionally chartered bank serving financial institutions and housing associates, recently awarded 61 affordable housing initiatives in eight states and P...
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A new survey from ProSight Financial Association has found that cybersecurity remains a top priority for chief risk officers in the coming year. In its fourth annual RMA Chief Risk Officer Outlook...
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The U.S. Department of the Treasury issued a report on the achievements during the first two years of the State Small Business Credit Initiative (SSBCI). The program, reauthorized and expanded by t...
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The Securities and Exchange Commission (SEC) filed fraud charges against a former executive at an asset management firm. The SEC charged Stephen Kenneth Leech, the former co-chief investment office...
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The Consumer Financial Protection Bureau (CFPB) recently finalized a rule that will help the agency ensure that nonbank companies offering digital funds transfer and payment wallet apps follow the sam...
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A new survey from the American Bankers Association shows a rise in the use of mobile apps for online banking. The survey, conducted by Morning Consult, said that 55 percent of bank customers use ap...
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