The Public Company Accounting Oversight Board said in its latest report that it expects deficiency rates across firms to drop 7 percentage points. Following focused efforts by the board to drive i...
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Republicans that serve on the House Financial Services Committee commended the Securities and Exchange Commission (SEC) for its recent decision to rescind Staff Legal Bulletin (SLB) No. 14L. Staff...
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The Consumer Financial Protection Bureau recently announced that it will not prioritize enforcement or supervision actions regarding penalties or fines associated with the payment withdrawal provision...
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The Managed Funds Association (MFA) said its recommendations will strengthen the U.S. capital market by expanding investor access, promoting capital formation and boosting U.S. economic growth. In...
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The federal bank regulatory agencies announced their intent to rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and reinstate the CRA framework that existed prior to the ...
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U.S. Sens. Elizabeth Warren (D-MA) and Mark Warner (D-VA) are asking the Government Accountability Office to investigate recent activities by Elon Musk’s Department of Government Efficiency at the S...
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The U.S. Senate passed a resolution last week to overturn the Consumer Financial Protection Bureau’s (CFPB) rule that would cap overdraft fees at $5 for large banks and credit unions. The overdr...
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The U.S. Senate Committee on Small Business and Entrepreneurship advanced two bills aimed at helping rural small businesses this week. U.S. Sen. Joni Ernst (R-IA), chair of the committee, said the...
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The Securities and Exchange Commission (SEC) voted to end its defense of the rules requiring disclosure of climate-related risks and greenhouse gas emissions. “The goal of today’s Commission ac...
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President Donald Trump issued an executive order that seeks to mandate a transition to electronic payments for all Federal disbursements and receipts. The order states that the use of paper-based ...
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