The U.S. Treasury Department and the Internal Revenue Service, in partnership with the Department of Energy (DOE), will stop accepting new applications for the 2023 program year for the Low-Income Com...
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According to the Merchants Payments Coalition, rising swipe fees charged by banks to merchants could cost consumers nearly $578 million this Valentine’s Day. Swipe fees are the fees banks charge...
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Commercial and multifamily mortgage loan originations were down 25 percent in the fourth quarter of 2023 compared to the same quarter a year ago, according to the Mortgage Bankers Association’s (MBA...
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Sixteen firms, ranging from broker dealers to investment advisors, pay more than $81 million in penalties to settle charges from the Securities and Exchange Commission (SEC) over widespread and longst...
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U.S. Reps. Guy Reschenthaler (R-PA) and Dina Titus (D-NV) expressed their support for a recent recommendation made by the Internal Revenue Service Advisory Council (IRSAC) on reporting slot machine wi...
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The Consumer Financial Protection Bureau (CFPB) resolved an appeal in an enforcement suit against a foreclosure relief scam operation. The resolution of the case resulted in $12 million in consumer...
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On Thursday, U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) released a framework of legislation that would improve the country’s unemployment system. Wyden, chair of the Senate Finance Commit...
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The Securities and Exchange Commission (SEC) adopted amendments to Form PF last week. Form PF is the confidential reporting form for certain SEC-registered investment advisers to private funds, inc...
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U.S. Sen. Elizabeth Warren (D-MA) and U.S. Rep. Sean Casten (D-IL) are urging BAE Systems not to engage in stock buybacks during the time it is using funds from a Department of Commerce grant. BAE ...
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The federal bank regulatory agencies issued a request for comment this week on ideas to reduce the regulatory burden. This request is in line with the Economic Growth and Regulatory Paperwork Redu...
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