U.S. Sen. Elizabeth Warren (D-MA) wants to know why the Financial Industry Regulatory Authority (FINRA) is experiencing a record-low number of enforcement actions on financial crimes. “The agency...
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The Mortgage Bankers Association (MBA) expects commercial and multifamily mortgage borrowing and lending to increase 26 percent in 2024 to $539 billion. Just multifamily lending alone is anticipat...
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The Federal Reserve Board recently announced the final individual capital requirements for all large banks, effective on Oct. 1. The capital requirements for large banks are informed by the Fed's s...
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According to a report by Pennsylvania Auditor General Timothy L. DeFoor, Pennsylvania taxpayers paid $7 million more for Medicaid prescription drug benefits than necessary in 2022. A performance a...
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The Securities and Exchange Commission (SEC) adopted changes to reporting requirements on Form N-PORT, which provides information about a fund’s portfolio holdings. The amendments are designed to...
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A new report published by the Consumer Financial Protection Bureau (CFPB) says that Americans are paying millions of dollars in fees to access their own money when getting “cash back” at large ret...
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A newly proposed bipartisan bill on Capitol Hill aims to create a tax-advantaged account that enables millions of Americans with most types of insurance coverage to save for health care costs through ...
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The National Football League (NFL) voted this week to allow private equity investment in its teams, starting this year. With the new rule, private equity firms will be allowed to own up to a 10 pe...
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A group of Congressional Republicans, led by U.S. Sen. Mike Crapo (R-ID), are urging the Congressional Budget Office (CBO) to analyze the budgetary impact of the Medicare Part D Premium Stabilization ...
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When Congress returns to Capitol Hill next month, two members plan to file a discharge petition to force a vote on the U.S. House floor on their bipartisan Social Security Fairness Act. The bill, H...
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