Legislation introduced by U.S. Sens. Thom Tillis (R-NC) and Raphael Warnock (D-GA) would modernize the taxation of debt investments held by life insurers, officials said. The legislation, the Secu...
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Financial institutions filed 1,246 Bank Secrecy Act (BSA) reports identifying suspected fentanyl-related activity in 2024, according the U.S. Department of the Treasury’s Financial Crimes Enforcemen...
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U.S. Reps. Andy Barr (R-KY) and Ritchie Torres (D-NY) introduced legislation that would prohibit federal banking regulators from using “reputational risk” as a justification to deny financial serv...
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Community bankers’ confidence in future business conditions is decreasing, according to the Community Bank Sentiment Index’s (CBSI) first quarter 2025 results. The Conference of State Bank Supe...
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U.S. Rep. French Hill (R-AR) introduced a bill this week that would update the contribution rules for Health Savings Accounts (HAS). The HSA Spouse Catch-Up Act, cosponsored by Rep. Greg Steube (R...
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Insurance group the American Property Casualty Insurance Association (APCIA) weighed in on proposed Texas legislation that would change its insurance marketplace recently, saying the state can improve...
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There was a notable cooling in the growth of home prices in March, according to the latest ICE Home Price Index (HPI), produced by the Intercontinental Exchange. Data shows that annual home price ...
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The U.S. Department of Housing and Urban Development (HUD) has informed grantees and stakeholders that federal housing assistance will no longer be granted to illegal aliens or sanctuary cities. H...
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The Commodity Futures Trading Commission (CFTC) has tapped Rahul Varma to serve as the acting director of the Division of Market Oversight (DMO). “Rahul has ably served the CFTC for more than a d...
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As markets continued to fall in reaction to President Donald Trump’s tariffs, U.S. Sen. Elizabeth Warren (D-MA) and Senate Banking Committee Democrats called on Republicans to stop Trump’s use of ...
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