The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) recently issued a geographic targeting order (GTO) to further combat money laundering, drug cartels and other illi...
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U.S. Sen. Cynthia Lummis (R-WY) introduced legislation to establish a strategic Bitcoin reserve to serve as an additional store of value to bolster the federal government’s balance sheet. Specifi...
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U.S. Reps. Alexandria Ocasio-Cortez (D-NY) and Anna Paulina Luna (R-FL) introduced a bill that would immediately cap credit card interest rates at 10 percent. The bill (H.R. 1944) states that the ...
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Bi-cameral legislation re-introduced by Democrats would lower the cost of housing and address the housing shortage, law makers said. U.S. Sens. Elizabeth Warren (D-MA) and Raphael Warnock (D-GA) ...
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Visa, a digital payment technology company, recently announced a new department focused on identifying and stopping complex scams as they emerge. Visa Scam Disruption (VSD) leverages Visa’s deep ...
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U.S. Rep. Scott Perry (R-PA) introduced bipartisan legislation to repeal the 45Q tax credit for carbon capture and sequestration. The 45Q Repeal Act (H.R. 1946) -- the carbon oxide sequestration cr...
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A bipartisan group of senators introduced an update to a bill that seeks to establish a clear regulatory framework for payment stablecoins. The bill is the Guiding and Establishing National Innovation...
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The Managed Funds Association (MFA), an association for the global alternative asset management industry, presented the Securities and Exchange Commission (SEC) with a list of 10 recommendations it sa...
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The credit risk associated with large, syndicated bank loans remains moderate, according to the recently released 2024 Shared National Credit (SNC) report. The 2024 SNC portfolio included 6,699 bo...
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U.S. Rep. Ashley Hinson (R-IA) is sponsoring legislation that would establish a task force within the U.S. Department of Justice (DOJ) to combat China's trade crimes. IN addition, the bipartisan, ...
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