The Securities and Exchange Commission (SEC) charged investment bank Morgan Stanley and the former head of its equity syndicate desk with fraud. Specifically, the SEC charged Pawan Passi, the forme...
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U.S. Sen. Ron Wyden (D-OR), chair of Senate Finance Committee, and U.S. Rep. Jason Smith (R-MO), chair of the House Ways and Means Committee, put forth a framework for a new tax proposal. The bipa...
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Consumer reporting companies must address inaccurate background check reports, the Consumer Financial Protection Bureau said Thursday. Sloppy credit file sharing practices and inaccurate, old or f...
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A group of U.S. senators are calling on the Department of Housing and Urban Development (HUD) and the Consumer Financial Protection Bureau (CFPB) to review the gap in mortgage approval rates between w...
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House Financial Services Committee Chair Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) have formed a new working group on artificial intelligence (AI). The bipartisan Working Group...
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U.S. Rep. Tom Emmer (R-MN) reintroduced this week a bill that would bring the Financial Stability Oversight Council (FSOC) under congressional appropriations and oversight. The Financial Stability ...
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A bipartisan group of Congress members expressed their concerns to the Department of Labor over its proposed fiduciary rule. The proposal includes changes to the existing regulatory framework gover...
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According to the latest NFIB Small Business Optimism Index from the National Federation of Independent Business, inflation has replaced labor quality as the most important problem facing small busines...
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The Mortgage Bankers Association's (MBA) 2024 Commercial Real Estate Finance (CREF) Outlook Survey found that the market for commercial and multifamily mortgage originators will stabilize over the cou...
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The Insured Retirement Institute (IRI) is spearheading an initiative that seeks to transform the industry through the use of digital solutions for managing annuities. IRI’s Digital First initiati...
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