The Consumer Bankers Association (CBA) issued a white paper this week that examines the impacts of federal banking regulators' proposal to increase capital requirements on banks and financial institut...
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The Futures Industry Association (FIA) voiced its opposition to proposed rules by federal bank regulators that would increase capital requirements for derivatives clearing services that banks offer to...
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The U.S. House of Representatives passed several bills this week from the House Financial Services Committee, including two that are designed to protect Taiwan. One of them is the Taiwan Non-Discri...
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The Securities and Exchange Commission (SEC) charged investment bank Morgan Stanley and the former head of its equity syndicate desk with fraud. Specifically, the SEC charged Pawan Passi, the forme...
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U.S. Sen. Ron Wyden (D-OR), chair of Senate Finance Committee, and U.S. Rep. Jason Smith (R-MO), chair of the House Ways and Means Committee, put forth a framework for a new tax proposal. The bipa...
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U.S. Rep. Darin LaHood (R-IL) introduced legislation this week that looks to modernize Generalized System of Preferences and enhance digital trade in the United States. The Digital Trade for Develo...
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Consumer reporting companies must address inaccurate background check reports, the Consumer Financial Protection Bureau said Thursday. Sloppy credit file sharing practices and inaccurate, old or f...
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A group of U.S. senators are calling on the Department of Housing and Urban Development (HUD) and the Consumer Financial Protection Bureau (CFPB) to review the gap in mortgage approval rates between w...
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House Financial Services Committee Chair Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) have formed a new working group on artificial intelligence (AI). The bipartisan Working Group...
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U.S. Rep. Tom Emmer (R-MN) reintroduced this week a bill that would bring the Financial Stability Oversight Council (FSOC) under congressional appropriations and oversight. The Financial Stability ...
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