U.S. Rep. French Hill (R-AR), chair of the House Financial Services Committee, is urging the acting chairman of the U.S. Securities and Exchange Commission (SEC) to remove hurdles put in by place by t...
Read More
The Office of the Comptroller of the Currency (OCC) reaffirm what cryptocurrency activities are permissible in the federal banking system recently. In its Interpretive Letter 1183, the OCC confirm...
Read More
Bipartisan legislation recently reintroduced in the U.S. House of Representatives would ensure funding for broadband deployment will not be considered taxable income. The Broadband Grant Tax Treatm...
Read More
U.S. Sen. Tim Scott (R-SC) introduced legislation that would eliminate the ability for federal banking regulators to use reputational risk as a component of supervision. The Financial Integrity an...
Read More
The most critical threats to retail investors in 2025 include digital assets, social media apps and emotional plea marketing tactics, the North American Securities Administrators Association (NASAA) s...
Read More
Bipartisan legislation recently reintroduced in the U.S. Senate would provide financial institutions with greater flexibility to offer affordable lines of credit to rural and agricultural borrowers. ...
Read More
U.S. Rep. Tom Emmer (R-MN) introduced legislation that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC). Specifically, the Anti-CBDC Surveillance State Act woul...
Read More
The House Financial Services Committee reported 11 bills and resolutions to Congress this week after the committee held its first full committee markup session of this Congress. Among them was H.J....
Read More
Legislation introduced by U.S. Rep. Greg Murphy (R-NC) and Doug LaMalfa (R-CA) would exclude some catastrophe mitigation payments from federal income tax purposes. The Disaster Mitigation and Tax ...
Read More
Legislation recently reintroduced in the U.S. House of Representatives that would repeal the portion of the American Rescue Plan policy that pertains to gig workers’ taxes. The Saving Gig Economy...
Read More