U.S. Sens. Ron Wyden (D-OR) and Michael F. Bennet (D-CO) recently led 18 colleagues in advocating the Senate Appropriations Committee to fully fund President Joe Biden’s request to administer unempl...
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BlockFi, a cryptocurrency management platform, is now offering non-U.S. clients immediate access to 14 additional crypto assets, including LUNA, Binance Coin, and AAVE. “Our clients worldwide ar...
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Federal bank regulatory agencies are working together to strengthen and modernize the Community Reinvestment Act (CRA). The CRA was enacted 45 years ago to encourage banks to help meet the credit n...
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New York state officials are espousing the benefits of recently enacted legislation that seeks to bolster consumer protections while addressing the state's financial services system inequities. Gov...
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U.S. Rep. Carolyn Maloney (D-NY), along with U.S. Sens. Elizabeth Warren (D-MA) and Cory Booker (D-NJ), is calling on three major banks to discontinue their overdraft fees, which they said disproporti...
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Calif. Gov. Gavin Newsom signed an executive order this week that seeks to create a transparent regulatory and business environment for web3 companies – those that create decentralized blockchain on...
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The Financial Industry Regulatory Authority (FINRA) has fined two funding portals a combined $1.75 million for failing to comply with securities laws and rules related to crowdfunding. One of the c...
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During the state's first month of legalized adult-use cannabis sales, New Mexico state officials said retailers sold almost $40 million in adult-use and medical cannabis. The state's Cannabis Contr...
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Investment Company Institute (ICI) and Employee Benefit Research Institute (EBRI) study findings determined target date fund investing continues to be prevalent in 401(k) plans. Officials said 401(...
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Pennsylvania State Rep. Danilo Burgos (D-Dist. 197) has introduced a bill that revokes medical cannabis licenses for entities with ties to Russian businesses. Burgos noted on Feb. 24, 2022, Russia ...
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