The U.S. Treasury Department released a report card detailing how it has implemented federal investments in entrepreneurs and small businesses. So how is it going? The Census Bureau released data w...
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A group of banking industry groups are urging the Federal Reserve Board of Governors to reject merchant requests for further changes to Regulation II governing debit card interchange fees. Regulat...
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U.S. Sens. Thom Tillis (R-NC) and John Hickenlooper (D-CO) introduced legislation that seeks to establish safeguards against instances of unethical co-mingling of customer funds by financial instituti...
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According to the Mortgage Bankers Association (MBA), total commercial and multifamily mortgage borrowing and lending is expected to fall by nearly 50 percent this year. The association said borrow...
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U.S. Rep. French Hill (R-AR) introduced legislation in the House that would prohibit the Federal Reserve from transferring its earnings to the Consumer Financial Protection Bureau (CFPB) if the centra...
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U.S. Sens. Sherrod Brown (D-OH) and Mike Braun (R-IN) introduced legislation last week that seeks to help inform veteran homebuyers of their eligibility for the VA Home Loan Program. The VA Home Lo...
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On Friday, the Consumer Financial Protection Bureau (CFPB) announced it had proposed a rule that would accelerate the shift toward open banking. The Personal Financial Data Rights rule would activ...
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Applications for the federal Low-Income Communities Bonus Credit program for certain clean energy projects are now open. This groundbreaking program provides a 10 or 20-percentage point boost to th...
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The U.S. Senate passed a resolution that seeks to block the Consumer Financial Protection Bureau’s (CFPB) small business data collection rule. The rule requires covered financial institutions to...
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The Securities and Exchange Commission (SEC) proposed a new rule this week that would prohibit national securities exchanges from offering volume-based transaction pricing in certain cases. The pro...
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