The U.S. Securities and Exchange Commission (SEC) approved the Intercontinental Exchange’s application for registration as a security-based swap execution facility (SBSEF). What this means is th...
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Legislation introduced Friday would exclude qualified catastrophe mitigation payments from gross income, officials said. The legislation, Disaster Mitigation and Tax Parity Act of 2025, was introd...
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The Consumer Financial Protection Bureau (CFPB) recently ordered Wise, a UK-based electronic money services provider, to pay nearly $2.5 million for a series of illegal actions. Wise’s service al...
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U.S. Sen. Ron Wyden (D-OR) is seeking answers from Treasury Secretary Scott Bessent following a report that personnel associated with Elon Musk sought access to a Treasury Department payment system. ...
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A bipartisan group of senators introduced legislation last week to help small business owners integrate digital tools into their businesses. The Small Business Technological Advancement Act (S.305)...
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U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) released a discussion draft of a bill that seeks to make several changes to procedure and administration at the Internal Revenue Service (IRS). The...
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The average purchasing power of middle-income families increased to 100.9 percent in December, a 1.1 percent increase compared to 2023 and 0.2 percent higher than November, according to Primerica Hous...
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New research from the Investment Company Institute (ICI) has found that Americans highly value their 401ks and other similar retirement accounts. In the report “American Views on Defined Contrib...
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The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), have agreed to extend the compliance date for the amendments to Form PF. Form PF is the confidentia...
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Legislation introduced by U.S. Rep. Randy Feenstra (R-IA) and U.S. Sen. Joni Ernst (R-IA) would strengthen the accountability of the Supplemental Nutrition Assistance Program (SNAP). The Snap Back...
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