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Saturday, May 10th, 2025

Home » Industry » Page 83

Industry

House Financial Services committee forms working group on AI

By Dave Kovaleski   |   January 16, 2024   |   Federal

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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Rep. Emmer reintroduces bill to have Congress oversee Financial Stability Oversight Council

By Dave Kovaleski   |   January 12, 2024   |   Featured

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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Lawmakers urge Labor Department to withdraw fiduciary proposal

By Dave Kovaleski   |   January 12, 2024   |   Federal

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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Small businesses worried about inflation more than labor, report finds

By Liz Carey   |   January 12, 2024   |   Industry

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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MBA survey: commercial, multifamily mortgage market to stabilize in 2024

By Dave Kovaleski   |   January 11, 2024   |   Industry

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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Insured Retirement Institute embraces digital-first initiative for annuities

By Dave Kovaleski   |   January 10, 2024   |   Industry

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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NAM: Survey of manufacturers finds optimism remains below average

By Dave Kovaleski   |   January 10, 2024   |   Featured

A new survey from the National Association of Manufacturers (NAM) found that optimism among small- and mid-sized firms remains below average. NAM’s Manufacturers’ Outlook Survey for the fourth ...

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SIFMA voices concerns with SEC proposal on transaction pricing

By Dave Kovaleski   |   January 9, 2024   |   Federal

The Securities Industry and Financial Markets Association (SIFMA) expressed its concerns with a recent proposal by the Securities and Exchange Commission (SEC) on transaction pricing. The SEC’s p...

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Stacey Bowers appointed SEC Small Business Advocate

By Liz Carey   |   January 9, 2024   |   Federal

On Friday, the Securities and Exchange Commission (SEC) announced Stacey Bowers would be the new director of the SEC’s Office of the Advocate for Small Business Capital Formation. Bowers, a Univ...

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CFPB issues report on concerns related to the resumption of student loan repayments

By Dave Kovaleski   |   January 9, 2024   |   Featured

The Consumer Financial Protection Bureau (CFPB) provided an update on its oversight of student loan servicing practices in the early months of the resumption of federal student loan repayments. Aft...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Credit Suisse hit with $510M fine for IRS violations
  • Huntington National Bank opens first branch in the Carolinas
  • Forward Air board under fire from activist investor Ancora
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • Stephen Luparello named chairman of OCC

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