One year after the collapse of Silicon Valley Bank, U.S. Sen. Elizabeth Warren (D-MA) is seeking an update from federal banking regulators on steps taken to strengthen regulatory standards for banks w...
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The U.S. Department of the Treasury recently released is so-called “Greenbook,” which is its General Explanations of the Administration’s Fiscal Year 2025 Revenue Proposals The Greenbook expl...
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On Monday, U.S. Reps. Darin LaHood (R-IL) and Steven Horsford (D-NV) introduced legislation they said would support businesses using draft beer systems, as well as help revitalize the hospitality indu...
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The U.S. Department of the Treasury’s Federal Insurance Office (FIO) is collaborating with state insurance regulators and the National Association of Insurance Commissioners (NAIC) to better underst...
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On Thursday, the American Banker Association joins a lawsuit against the Consumer Financial Protection Bureau (CFPB) challenging the agency’s new rule limiting credit card late fees. The suit, o...
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The U.S. House of Representatives passed legislation last week that seeks to help small businesses and entrepreneurs gain better access to capital to grow their businesses. The Expanding Access to ...
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The Insured Retirement Institute (IRI) has outlined 33 proposals to strengthen retirement security for more workers and retirees. The proposals, outlined in IRI’s 2024 Blueprint, would do the fol...
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The U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) to stop it from implementing a rule that limits credit card late fees. The suit alleges that the...
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On Thursday, the FDIC reported its commercial banks and savings institutions saw a net income of $256.9 billion, down $6 billion from 2022, but still above the levels reported prior to the pandemic. ...
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Democrats on the U.S. Congress Joint Economic Committee (JEC), led by Committee Chair Martin Heinrich (D-NM), released a report this week that examines rising corporate profits. The report, titled...
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