A coalition of financial industry trade associations are calling on the Federal Deposit Insurance Corporation (FDIC) to withdraw a proposal concerning brokered deposits. The proposed changes to th...
Read More
A bipartisan bill that would remove the tax-exempt status of U.S.-based organizations found to be materially supporting terrorist organizations passed the U.S. House of Representatives on Nov. 21. ...
Read More
During in fiscal year 2024, the U.S. Securities and Exchange Commission (SEC) initiated 80 enforcement actions against public companies and subsidiaries. While this is 12 percent less than 2023, it is...
Read More
A newly introduced bipartisan resolution in Congress would block the implementation of a recent tax credit rule that applies to the production of component parts and critical minerals used in clean en...
Read More
U.S. Sens. Mark R. Warner (D-VA), Mike Rounds (R-SD). and Cynthia Lummis (R-WY) introduced a bill that seeks to strengthen the nation’s response to financial threats stemming from China. In summ...
Read More
U.S. Sen. Elizabeth Warren (D-MA) is asking federal regulations to reject Wells Fargo’s petition to lift its asset cap. Wells Fargo’s recent appeal came days after an enforcement action from t...
Read More
Utah Attorney General Sean Reyes is leading a coalition of 18 states to challenge the Securities Exchange Commission’s (SEC) attempt to regulate cryptocurrencies with policies that may contradict st...
Read More
The U.S. Department of the Treasury and the IRS released final regulations to help entities that co-own clean energy projects access clean energy tax credits through elective pay, also called direct p...
Read More
Legislation recently introduced in the U.S. House of Representatives would provide economic support for Louisiana farmers. The Farmer Assistance and Revenue Mitigation Act would provide farmers wit...
Read More
Chinese-based BIT Mining Ltd., formerly known as 500.com Limited, an online sports lottery service provider, recently agreed to pay a $4 million civil penalty to resolve charges it violated the Foreig...
Read More