Last week, New York State Assembly announced the passage of a measure authorizing adult use marijuana temporary and conditional licenses for cultivation and processing. Officials said Speaker Carl ...
Read More
Three Republican congressmen introduced legislation that seeks to protect small banks and lenders from certain compliance standards. The Small LENDER Act (H.R. 6732) -- introduced by U.S. Reps. Fre...
Read More
A group of lawmakers recently forwarded correspondence to the Department of the Treasury, requesting unused Emergency Rental Assistance Program (ERA) funds be reallocated to states in highest need. ...
Read More
The Consumer Financial Protection Bureau (CFPB) recently announced a new public engagement and regulatory request revision process, which should prove universally beneficial. "Americans should be a...
Read More
The Independent Community Bankers of America (ICBA) recently expressed its support of several bills that address the Consumer Financial Protection Bureau’s proposal to implement new data collection ...
Read More
Michigan state officials said Gov. Gretchen Whitmer has taken action to consolidate the regulatory bodies responsible for overseeing cannabis and hemp processing, distribution, and sale as a means of ...
Read More
Senate Finance Committee Republicans have forwarded correspondence to Congressional Budget Office Director Phillip Swagel, seeking information on how inflation impacts the federal budget. “Increa...
Read More
CME Group, a derivatives exchange, is launching two new reference rates for Bitcoin and Ether on Feb. 28. The two reference rates are the CME CF Bitcoin Reference Rate New York (BRRNY) and CME CF E...
Read More
U.S. Rep. Josh Gottheimer (D-NJ) introduced a discussion draft of a bill that seeks to define stablecoins and put protections in place for consumers and investors. Overall, the Stablecoin Innovat...
Read More
A newly released Mortgage Bankers Association (MBA) forecast maintains total commercial and multifamily mortgage borrowing and lending is slated to exceed $1 trillion for the first time this year. ...
Read More