The U.S. House of Representatives passed a bill that seeks to help small business owners who are veterans grow their businesses. The Successful Entrepreneurship for Reservists and Veterans (SERV) A...
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Senate Democrats want to know if the U.S. Department of Housing and Urban Development’s focus on reprivatizing Fannie Mae and Freddie Max will make mortgages more expensive. In a letter to HUD S...
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Commercial banks and savings institutions generated $66.8 billion in net income in the fourth quarter, up 2.3 percent from the previous quarter. For the full year, the banking industry reported ne...
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U.S. Sen. Ron Wyden (D-OR) and other colleagues urged two federal courts to affirm that Congress has the power to crack down on money laundering. As part of an amicus brief in the Texas Top Cop Sh...
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The Commodity Futures Trading Commission (CFTC) put out an advisory on how the commission’s Division of Enforcement will evaluate self-reporting, cooperation, and remediation when recommending enfor...
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U.S. Sens. Jerry Moran (R-KS) and Mark Warner (D-VA) introduced a bill in the senate that would ensure that federal broadband deployment funding will not be considered taxable income. Currently, gr...
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U.S. Reps Jimmy Panetta (D-CA) and Mike Kelly (R-PA) introduced legislation that seeks to incentivize homeowners to sell their properties, increasing the housing supply and alleviating affordability c...
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Two bills designed to reform the Small Business Administration (SBA) disaster loan process, as well as to fix the broken federal work force, advanced out of the U.S. Senate Committee on Small Business...
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The majority of Americans, 76 percent, are cutting back on spending, according to financial services company Wells Fargo’s money study. The percentage is higher among younger survey participants. A ...
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J.P. Morgan is expanding its private credit commitment, allocating $50 billion from its balance sheet, along with nearly $15 billion from multiple co-lenders. The strategic move – announced at th...
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