The Consumer Financial Protection Bureau (CFPB) has proposed a rule that would enable it to supervise larger nonbank companies that offer services like digital wallets and payment apps. While digi...
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The U.S. Department of the Treasury and Internal Revenue Service (IRS) provided more details this week on the improvements taxpayers will experience in the upcoming tax filing season. For starters,...
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The November 2023 ICE Mortgage Monitor Report, produced by the Intercontinental Exchange, found that October was another challenging month for homebuyers. The major factor is interest rates, as the...
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The federal Inter-Agency Working Group on Treasury Market Surveillance (IAWG) issued a progress report on the steps its members have made to enhance the resilience of the U.S. Treasury market. Amo...
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On Monday, U.S. Sens. Todd Young (R-IN), Mark Warner (D-VA), John Thune (R-SD) and Catherine Cortez Masto (D-NV) introduced two pieces of legislation designed to protect American’s privacy and remov...
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The Financial Stability Oversight Council (FSOC) approved a new analytic framework for financial stability risks and updated guidance on its nonbank financial company determinations process. The ...
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Two leading organizations representing credit unions are merging to form a new association called America’s Credit Unions. America’s Credit Unions, which will officially launch on Jan. 1, 2024,...
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The U.S. Commodity Futures Trading Commission (CFTC) issued a proposed rule this week that governs investments by futures commission merchants (FCMs) and derivatives clearing organizations. The new...
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The Securities and Exchange Commission (SEC) adopted Regulation SE to create rules for the registration and regulation of security-based swap execution facilities (SBSEFs). The new regulatory fram...
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U.S. Sen. Tim Scott (R-SC) introduced a legislative proposal designed to open up capital markets and generate economic growth. The Empowering Main Street in America Act seeks to help entrepreneurs...
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