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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A final rule requiring public companies to disclose climate-related information in registration statements and annual reports was adopted this week by the Securities and Exchange Commission (SEC). ...
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The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that would cut excessive credit card late fees. The rule would close a loophole that is often exploited by large card issu...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules this week to expand the reach of the clean energy tax credits. Two new credit delivery mechanisms â€...
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Mortgage originations hit a 30 year low in 2023, according to the Intercontinental Exchange’s ICE Mortgage Monitor Report. The report said that just 4.3 million mortgages were originated in 2023...
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On Thursday, U.S. Sen. Sherrod Brown (D-OH) introduced legislation that would crack down on corporations that reduce the size of their products without lowering prices. The legislation, the Shrink...
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U.S. Sens. Thom Tillis (R-NC) and John Hickenlooper (D-CO) have teamed up to sponsor a bill that would allow for the electronic delivery of regulatory documents to investors. Currently, the Securit...
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