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...
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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...
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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...
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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. ...
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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....
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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 ...
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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...
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U.S. Rep. Randy Feenstra (R-IA) introduced legislation that seeks to make loans more accessible and affordable, particularly for farmers and those in rural communities. The Access to Credit for our...
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Legislation to quadruple tax deductions for small businesses would ensure those businesses can create jobs, advance innovation and invest in communities, law makers said. The “American Innovatio...
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On Tuesday, as tariffs went into effect for most goods from Canada and Mexico, the U.S. Chamber of Commerce urged President Donald Trump to reconsider his move and bring a swift end to his policy. ...
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