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Home » News » Page 336

News

Bill seeks to bolster Special Needs Trust options

By Douglas Clark   |   June 22, 2022   |   Federal

U.S. Sens. Todd Young (R-IN) and Maggie Hassan (D-NH) are detailing legislation that would provide families with greater options and flexibility regarding Special Needs Trusts. The Special Needs Tr...

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Cannabis Regulators Association elects new board members

By Douglas Clark   |   June 21, 2022   |   Cannabis Banking

Cannabis Regulators Association (CANNRA) officials said the organization elected new board members during the first in-person member meeting in Olympia, Wash. Michigan Cannabis Regulatory Agency Ex...

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Measure targets underserved communities tax credits

By Douglas Clark   |   June 21, 2022   |   Federal

U.S. Sens. Roger Wicker, (R-MS), Cindy Hyde-Smith, (R-MS), Mark Warner (D-VA), and Chris Van Hollen (D-MD) recently introduced legislation that would promote economic development in underserved commun...

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House Republicans urge SEC to rescind climate disclosure rules

By Dave Kovaleski   |   June 21, 2022   |   Federal

House Republicans are urging the Securities and Exchange Commission (SEC) to rescind its proposal that would require public companies to make climate change-related disclosures. The GOP lawmakers s...

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Senate Democrats make recommendations to improve SEC climate disclosure rule

By Dave Kovaleski   |   June 21, 2022   |   Featured

A group of Senate Democrats has offered suggestions on improving the Securities and Exchange Commission's (SEC) proposed rules requiring public companies to make climate disclosures. Among the rec...

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Senate Republicans seek more information on SEC climate disclosure rule

By Dave Kovaleski   |   June 20, 2022   |   Federal

Republicans on the U.S. Senate Banking Committee are asking the Securities and Exchange Commission (SEC) chairman to provide more information on its proposed climate disclosure rule. The lawmakers ...

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Sens. Rubio, Warner praise Senate advancement of loan consolidation measure

By Douglas Clark   |   June 20, 2022   |   Federal

U.S. Sens. Marco Rubio (R-FL) and Mark Warner (D-VA) recently applauded the Senate passage of their Joint Consolidation Loan Separation Act of 2021. The bill would provide relief for individuals w...

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CBA expresses CFPB Request for Information concerns

By Douglas Clark   |   June 20, 2022   |   Federal

The Consumer Bankers Association (CBA) expressed concerns regarding the Consumer Financial Protection Bureau's (CFPB) new Request for Information focused on customer service experiences at large finan...

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Bank Policy Institute offers feedback on SECs climate disclosure policy

By Dave Kovaleski   |   June 20, 2022   |   Featured

The Bank Policy Institute (BPI) offered feedback on the Securities and Exchange Commission’s (SEC) proposed climate disclosure policy, expressing its concerns. The proposal would require public ...

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Senators release discussion draft of policies to address youth mental health

By Dave Kovaleski   |   June 17, 2022   |   Featured

A bipartisan group of senators on the Senate Finance Committee released a discussion draft for policies that address youth mental health care. The discussion draft includes policies that would all...

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Cannabis Banking

  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access

Digital Currency

  • Majority of Americans think Congress should use caution when considering digital asset legislation
  • CME Group launches 24/7 cryptocurrency futures, options trading
  • Treasury targets four Iranian digital asset exchanges as part of Economic Fury
  • SoFi launches its own stablecoin, SoFiUSD
  • FDIC proposes rule implementing Bank Secrecy Act for stablecoin issuers

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  • CME Group launches 24/7 cryptocurrency futures, options trading
  • NFIB supports bill that looks to limit beneficial ownership information reporting
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