A guide to support community banks in managing risks presented by third-party relationships was introduced by federal bank regulatory agencies this week. Community banks engage with third parties ...
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Small business owners are focused on staying afloat in the short-term, rather than planning for the long-term, a new survey has found. The survey, Truist’s annual Small Business Pulse Survey, fo...
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U.S. Sen. John Thune (R-SD) introduced legislation that would prohibit Internal Revenue Service (IRS) employees, volunteers, and contractors from accessing taxpayer information on their personal compu...
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The U.S. Senate passed a bill last week that would stop the Internal Revenue Service (IRS) from imposing fines and penalties on American hostages and wrongful detainees for late tax payments while the...
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On Wednesday, Rostin Behnam, the Commodity Futures Trading Commission (CFTC) Chairman, announced that Dr. Ted Kaouk would serve as that agency’s first Chief Artificial Intelligence Officer. Kaou...
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Two bills sponsored by U.S. Rep. Morgan McGarvey (R-KY) were unanimously passed in the U.S. House of Representatives this week. Both of the bills are targeted at helping small businesses. One of th...
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A new report from the Consumer Financial Protection Bureau (CFPB) details the complex costs and fees in health savings accounts. A health savings account is a tax-advantaged account that generally...
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The U.S. House of Representatives unanimously approved this week a bipartisan bill sponsored by U.S. Reps. Dan Meuser (R-PA) and Hillary Scholten (D-MI) that seeks to incentivize greater private capit...
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The U.S. Commodity Futures Trading Commission (CFTC) approved final rules to amend its large trading reporting regulations for futures and options. The regulations require futures commission mercha...
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On Tuesday, the U.S. Treasury Department and the Internal Revenue Service announced guidelines for Sustainable Aviation Fuel (SAF) Credit established by the Inflation Reduction Act (IRA). The new ...
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