The Federal Reserve banks are planning to launch the FedNow Service sometime between May and July 2023. This new timeframe comes as the FedNow Pilot Program enters technical testing for the servic...
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State attorneys general representing 21 states are commending the U.S. Department of Education (DOE) proposed improvements to the 90/10 Rule. Massachusetts Attorney General Maura Healey and Minneso...
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The Public Company Accounting Oversight Board (PCAOB) signed a Statement of Protocol with the China Securities Regulatory Commission and the Ministry of Finance of the People’s Republic of China to ...
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Office of Comptroller of the Currency Acting Comptroller Michael J. Hsu recently toured South Carolina, highlighting an effort to assess financial needs within rural communities. The South Carolina...
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Secret Service personnel said the agency has returned to the Small Business Administration (SBA) approximately $286 million in fraudulently obtained Economic Injury Disaster Loans (EIDL). “The Se...
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The Securities and Exchange Commission (SEC) adopted two amendments designed to strengthen its whistleblower program. One of the amendments allows the SEC to pay whistleblowers for their informati...
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The Securities and Exchange Commission (SEC) has adopted rule amendments addressing executive pay versus performance disclosure. “The Commission has long recognized the value to investors of info...
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The U.S. Treasury Department and Israel's Ministry of Finance finalized an agreement to cooperate on cybersecurity. The bilateral Memorandum of Understanding (MOU) on Cybersecurity Cooperation bui...
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The affordability of home prices improved for the second straight month in July, according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI). The index measures...
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Abaca, a financial platform for cannabis operators, and Pacific Valley Bank are partnering as a means of expanding cannabis banking access within the California market. This marks the first time si...
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