U.S. Sen. Elizabeth Warren (D-MA) led more than 75 of her Congressional colleagues in urging President Joe Biden to swiftly deliver on his promise to deliver student debt cancellation to working and m...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today released proposed regulations on the sale and exchange of digital assets by brokers. This proposal is part of the ...
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The Securities and Exchange Commission (SEC) has taken action against Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network for overcharging thousands of investment advisory account...
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Four federal agencies will host a roundtable discussion next month on the availability of special purpose credit programs (SPCP) to meet the credit needs of eligible individuals. SPCPs are a tool per...
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Two leaders on the U.S. House Financial Services Committee are urging the Public Company Accounting Oversight Board (PCAOB) to reevaluate the proposed changes to its Company Noncompliance with Laws an...
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The Securities and Exchange Commission (SEC) adopted amendments last week that narrow the exemption from a law that requires broker-dealers to become a member of a national securities association. Sp...
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U.S. Sen. Joni Ernst (R-IA) led a field hearing in Des Moines, Iowa, to examine the impact of federal regulations on small businesses. Ernst is the sponsor of legislation called the Prove It Act, whi...
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The Securities and Exchange Commission (SEC) adopted new rules and amendments to enhance the regulation of private fund advisers and update the existing compliance rule. The SEC said that these chang...
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The Consumer Financial Protection Bureau (CFPB) sued an installment lender based in Greenville, South Carolina, for illegal loan-churning practices that harvested hundreds of millions in loan costs an...
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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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