Sen. Pat Toomey (R-PA) has introduced a bill that seeks to preserve commission-free trading by prohibiting the Securities and Exchange Commission (SEC) from banning payment for order flow. The Inve...
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U.S. Sen. Bill Hagerty (R-TN) is urging Rohit Chopra, director of the Consumer Financial Protection Bureau, not to stifle innovation in the cryptocurrency space. “Digital ledger technology offer...
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Congressional leaders did not include the provision requiring increased financial institution reporting to the Internal Revenue Service in the reconciliation legislation unveiled last week. The pr...
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A group of 20 Democratic members of the House of Representatives has expressed their concerns to Speaker of the House Nancy Pelosi (D-CA) and Chairman of Ways and Means Richard Neal (D-MA) on the new ...
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U.S. Sen. Sherrod Brown (D-OH), along with several other Senate Democrats, introduced a bill that would prohibit Federal Reserve officials from trading individual stocks. The Ban Conflicted Tradin...
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U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, has issued an updated version of the Billionaires Income Tax, which he said would ensure billionaires pay tax annually. “There a...
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Rep. Tom Emmer (R-MN) introduced legislation Monday to create a Consumer Financial Protection Bureau (CFPB) whistleblower protection program. “Instead of fear of retribution, retaliation, or fina...
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The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) have released a report determining that multiple rounds of federal relief and lender assistance programs have had a ...
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U.S. Sen. Rob Portman (R-OH) was among 13 Republicans on the Senate Finance Committee Republicans expressing concerns with the increase in improper Medicaid payments. The November 2020 Medicaid Pay...
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Federal Reserve Board announced plans to host a series of diversity and inclusion conferences in November focusing on various topics. The efforts would address underrepresented group experiences am...
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