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Saturday, May 10th, 2025

Home » Industry » Page 88

Industry

NFIB releases November results of Small Business Optimism Index

By Dave Kovaleski   |   December 13, 2023   |   Industry

The National Federation of Independent Business (NFIB) released its Small Business Optimism Index this week, which gauges business conditions for small businesses. The index decreased 0.1 point i...

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Atlantic Union Bank fined $6.2M for overdraft fee harvesting

By Liz Carey   |   December 12, 2023   |   Federal

On Friday, the Consumer Financial Protection Bureau (CPB) ordered Atlantic Union Bank to pay $6.2 million for its part in an illegal overdraft fee harvesting action. The CFPB said it found that At...

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Bipartisan bill introduced in House seeks to expand use of Pell Grants

By Dave Kovaleski   |   December 12, 2023   |   Federal

A bipartisan group of Congress members have introduced legislation that looks to expand the availability of Pell Grants. The Bipartisan Workforce Pell Act would allow Pell Grants to support student...

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Sen. Baldwin works with Milwaukee organizations to create housing opportunities

By Dave Kovaleski   |   December 12, 2023   |   Featured

U.S. Sen. Tammy Baldwin (D-WI) is looking to expand opportunities for Milwaukee residents to compete with out-of-state investors for homes in Milwaukee neighborhoods. The Wisconsin senator is calli...

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RSM Index shows growth for U.S. middle market companies

By Dave Kovaleski   |   December 8, 2023   |   Industry

The RSM US Middle Market Business Index (MMBI) jumped in the most recent quarter, reflecting growth for mid-sized companies and businesses. The index, produced by RSM and the U.S. Chamber of Commerce...

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Legislation to strengthen supply chains, blockchains introduced in Congress

By Liz Carey   |   December 7, 2023   |   Federal

On Tuesday, U.S. Reps. Larry Bucshon, M.D. (R-IN) and Lisa Blunt Rochester (D-DE) announced they had introduced legislation that would ensure America can remain competitive with emerging technologies ...

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Rep. Smith, Sen. Merkley sponsor legislation to ban hedge funds from buying homes

By Dave Kovaleski   |   December 7, 2023   |   Featured

U.S. Rep. Adam Smith (D-WA) and U.S. Sen. Jeff Merkley (D-OR) introduced a bicameral bill that seeks to prevent hedge funds from buying up residential real estate. The End Hedge Fund Control of Am...

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Sens. King, Whitehouse, and Cassidy introduce bill to combat cross-border money laundering

By Dave Kovaleski   |   December 7, 2023   |   Federal

U.S. Sens. Angus King (I-ME), Sheldon Whitehouse (D-RI), and Bill Cassidy, M.D. (R-LA) have introduced a bill in the U.S. Senate that would combat cross-border money laundering. The Combating Cros...

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AICPA develops criteria to increase transparency for stablecoins

By Dave Kovaleski   |   December 6, 2023   |   Digital Currency

The Association of International Certified Professional Accountants (AICPA) has developed criteria to help increase transparency around stablecoins. Stablecoins have gained prominence for their role ...

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Sens. Brown, Reed urge regulators to assess risk in private credit markets

By Dave Kovaleski   |   December 4, 2023   |   Federal

U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) are urging financial regulators to assess the potential risks posed by the growing private credit market. In a letter to leaders at the Federal...

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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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