Justice Department officials have outlined the Danske Bank guilty plea and agreement to forfeit $2 billion to resolve the U.S. investigation into alleged fraud on domestic banks. The Justice Depart...
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Recently released Consumer Bankers Association (CBA) survey findings maintain consumers believe Congress and the Consumer Financial Protection Bureau (CFPB) should expand fintech and crypto firm regul...
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The National Organization for the Reform of Marijuana Laws (NORML) maintains legislators and voters in more than 12 states enacted over 40 laws liberalizing cannabis policies this year. Per the NOR...
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The Consumer Financial Protection Bureau (CFPB) is considering a rule requiring certain nonbank financial firms to register with the agency when subject to consumer financial protection agency or cour...
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The Securities and Exchange Commission (SEC) charged FTX Trading co-founder and CEO Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors. Since at least May 2019, FTX, base...
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Two Republican senators are urging the comptroller general of the Government Accountability Office (GAO) to audit health care providers under the Federal Employees Health Benefits (FEHB) Program. ...
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NAFCU President and CEO Dan Berger recently expressed the organization's support for lawmakers passing the Secure and Fair Enforcement (SAFE) Banking Act via a CUInsight editorial. The legislation ...
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U.S. Sens. Ben Cardin (D-MD), Sherrod Brown (D-OH), and Patty Murray (D-WA) recently introduced the Restaurant Revitalization Tax Credit Act, which seeks to create a special tax credit available to re...
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U.S. Sens. Elizabeth Warren (D-MA) and Pat Toomey (R-PA) introduced legislation that would strengthen Federal Reserve accountability and ensure that no financial regulator can withhold ethics-related ...
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U.S. Sen. Ron Wyden (D-OR), chairman of the Senate Finance Committee, is seeking information from Amgen on what he deemed “efforts to avoid billions in taxes through profit-shifting to subsidiaries ...
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