Two social equity groups that were supported by branded cannabis products wholesaler Cresco Labs' SEED community business incubator recently were granted new cannabis conditional adult-use dispensary ...
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U.S. Rep. Maxine Waters (D-CA), as chairwoman of the U.S. House Financial Services Committee, is leading 76 Democrats in urging federal banking regulators to put an end to the practice of “modern da...
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The Securities and Exchange Commission (SEC) this week proposed new rules that seek to improve the overall governance at registered clearing agencies and reduce conflicts of interest. Specifically,...
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U.S. Sen. Sherrod Brown (D-OH) is urging key insurance industry leaders to consider the growing role of private equity in the insurance industry. Brown recently sent letters to the leaders of the ...
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A trio of lawmakers have forwarded correspondence to Equifax, noting concerns regarding alleged issues within the consumer credit reporting company's credit scoring system. Sens. Elizabeth Warren (...
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House of Representatives Financial Services Committee Republicans have forwarded correspondence to Federal Deposit Insurance Corporation (FDIC) leadership regarding the agency's examinational appeals ...
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A bill that would impose a 1 percent excise tax on the repurchase of stock by publicly traded companies passed the U.S. Senate this week. The Stock Buyback Accountability Act, sponsored by U.S. Sen...
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July was a record month for cannabis sales in New Mexico, as the state had its highest monthly sales total since the state legalized recreational adult-use cannabis in April. Licensed retailers st...
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Democratic lawmakers in Congress have asked major cryptocurrency and digital asset industry players to provide data on their diversity and inclusion practices. Specifically, the lawmakers, includin...
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An organization representing the solar energy industry is urging federal banking regulators to expand the Community Reinvestment Act (CRA) to include financing for solar and energy storage projects. ...
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