The Securities and Exchange Commission on Wednesday charged Virginia-based RTX Corporation with violating the Foreign Corrupt Practices Act (FCPA) in connection with payments the company made to obtai...
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U.S. Rep. French Hill (R-AR) introduced legislation in the House this week that is designed to federal housing policy, improve access to affordable housing. The Renewing Opportunity in the America...
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ICSC, s member organization for the advancement of the marketplaces industry, predicts retail sales this holiday season will grow 3 percent to 3.5 percent compared to last year. The prediction is b...
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U.S. Rep. Patrick McHenry (R-NC) is urging the U.S. Government Accountability Office (GAO) to audit the Financial Crimes Enforcement Network’s (FinCEN) Beneficial Ownership Secure System (BOSS). ...
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Between July and August, house price growth was -0.1 percent from 0.1 percent, according to a report by First American Data & Analytics, a provider of property-centric information, risk management and...
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Legislation recently reintroduced in the U.S. House of Representatives would reform the private equity industry. Specifically, the Stop Wall Street Looting Act would require private equity firms, t...
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The American Institute of CPAs (AICPA) offered feedback to the Treasury Department and Internal Revenue Service (IRS) on the guidance it provided on certain basis-shifting transactions involving partn...
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The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund recently agreed to issue three guarantees worth $498 million under the CDFI Bond Guarantee Program. ...
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The Independent Community Bankers of America (ICBA) expressed support for a proposed rule by the Federal Deposit Insurance Corporation (FDIC) that would enhance oversight of industrial loan companies,...
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In a landmark agreement, Citadel Federal Credit Union will pay the federal government over $6.5 million to resolve allegations that it engaged in lending discrimination by redlining predominantly blac...
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