Republicans on the U.S. House Ways and Means Committee urged the Biden administration to initiate a federal investigation into Canada’s digital services tax (DSTs), a 3-percent levy that applies to ...
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The U.S. Office of the Comptroller of the Currency (OCC) amended an Oct. 7, 2020, Cease and Desist Order against Citibank related to deficiencies in its risk management, compliance, data governance, a...
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U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) are the main sponsors on a bill that would make improvements to the unemployment insurance system. The legislation, titled the Unemployment Insura...
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On Wednesday, the Consumer Financial Protection Bureau (CFPB) announced a proposed rule that would require mortgage servicers to help homeowners before foreclosure. The proposal, if finalized, wou...
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U.S. Rep. French Hill (R-AR) is leading a bipartisan coalition of Congress members who are urging the Federal Reserve to modernize the nation’s existing payments infrastructure. Specifically, the...
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Community banks are more optimistic about future economic conditions, according to the CSBS Community Bank Sentiment Index. The index, produced quarterly by the Conference of State Bank Supervisors...
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A newly introduced bill in Congress would support and promote U.S. manufacturing and energy production over foreign competitors by showcasing the lower greenhouse gas (GHG) emissions of American-made ...
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CTrust is launching a cannabis credit scoring platform, available to financial institutions, investors, and business owners. CTrust’s Cannabis Trust Score (CTS) and Report provides a credit score...
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The Federal Home Loan Bank of Chicago is working with VantageScore to allow its member financial institutions to pledge mortgage collateral using VantageScore credit scores, serving as an alternative ...
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On Monday, the U.S. Department of the Treasury, announced a proposed rule that would expand Committee on Foreign Investment in the United States (CFIUS) jurisdictions over transactions near military i...
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