The Insured Retirement Institute (IRI) said modifications should be considered for a proposed model from the National Association of Insurance Commissioners (NIAC) on insurers’ use of algorithms, pr...
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U.S. Sens. Marsha Blackburn (R-TN) and Tom Cotton (R-AR) introduced legislation that would require investment advisors and retirement plan sponsors to focus primarily on financial factors, such as max...
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The U.S. Treasury Department issued a report this week that examines the role that labor unions play in the economy. The report, conducted by the Treasury’s Office of Economic Policy, finds that ...
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The Federal Home Loan Bank of New York (FHLBNY) awarded nearly $42 million in subsidies to fund 42 affordable housing initiatives in several states. The awards, which went to initiatives in New Jerse...
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The U.S. Department of the Treasury and Internal Revenue Service (IRS) issued final rules and procedural guidance for an initiative that provides up to a 20-percentage point boost to the Investment Ta...
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The Minority Business Development Agency (MBDA) Capital Readiness Program (CRP) has awarded $57 million to 12 states. The awards, announced by Vice President Kamala Harris, will be used to provide ...
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The Securities and Exchange Commission (SEC) is proposing amendments to guidance permitting certain investment advisers providing investment advisory services through the internet to register with the...
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U.S. Sens. Sherrod Brown (D-OH) and J.D. Vance (R-OH) are advocating on behalf of the state's regional banks in the wake of the Silicon Valley Bank and Signature Bank failures. Brown, chairman of t...
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U.S. Sens. John Thune (R-SD) and Mike Rounds (R-SD) are commending Senate colleagues for action advancing their Tribal Trust Land Homeownership Act. The measure would create statutory timelines in ...
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U.S. Rep. Tony Gonzales (R-TX) has joined 15 congressional colleagues to introduce the H-2 Improvements to Relieve Employers (HIRE) Act, which addresses temporary work visa programs and workforce shor...
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