The U.S. Securities and Exchange Commission (SEC) established joint data standards for data submitted to certain financial regulatory agencies. The joint standards are designed to promote interoper...
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U.S. Rep. Ron Estes (R-KS) introduced a bipartisan resolution expressing opposition to digital services taxes (DSTs) and other extraterritorial tax measures levied by foreign nations. The resolutio...
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The Office of the Comptroller of the Currency (OCC) recently announced that Benjamin Eddy became senior deputy comptroller for regional and midsize financial institutions on June 1. “Ben brings d...
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The 2026 World Cup is expected to generate significant short-term economic activity in the United States, officials with BMO Economics said in a new report, including up to $81 billion in incremental ...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an advisory for financial institutions about the risks of the unlawful employment of illegal aliens. F...
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Annamaria Vitelli will take the helm as executive vice president, chief wealth officer of Provident Bank, the financial institution announced recently. Vitelli will also serve as president of Beac...
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Democrats on the Senate Banking Committee introduced a bill that would automatically and fully fund the Consumer Financial Protection Bureau (CFPB). The bill requires mandatory transfers to the CFP...
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A group of leading U.S. banks are launching a digital payments initiative that seeks to modernize money movement across emerging chain networks. The initiative will deliver on-chain clearing and se...
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The Securities and Exchange Commission (SEC) recently announced it has appointed five new members to the Small Business Capital Formation Advisory Committee to serve four-year terms. The new member...
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The Consumer Financial Protection Bureau (CFPB) is working to ensure that consumers impacted by Bilt’s transition to a new bank partner are remedied. CFPB officials recently met with Bilt to unde...
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