U.S. Reps. Laura Gillen (D-NY), Troy Nehls (R-TX), Josh Gottheimer (D-NJ) and Vince Fong (R-CA) introduced the Stop Auto Fraud Act to lower insurance premiums. The legislation would make motor veh...
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U.S. Reps. Zach Nunn (R-IA) and Brittany Pettersen (D-CO) have introduced legislation that would increase transparency on life insurance and annuity forms. The legislation, the Consumer-Led Enhanc...
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The Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval to OpenReserve Bank for national bank charter. OpenReserve Bank will be a full-service national bank...
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Between Sept. 8, 2023, and Dec. 31, 2025, approximately $12.7 billion in financial activity was tied to suspected digital asset investment scams, according to the U.S. Department of the Treasury’s F...
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The Securities and Exchange Commission announced it had charged San Francisco Bay Area executives of a private equity fund in what it alleged was a “Ponzi-like scheme.” The SEC charged the Cal...
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The Securities and Exchange Commission (SEC) is proposing to update the rules and forms that apply to registered transfer agents. Transfer agents are a major part of the national clearance and sett...
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U.S. Sen. Elizabeth Warren (D-MA), Senate Banking, Housing, and Urban Affairs Committee ranking member, recently sent a letter to Federal Housing Finance Agency (FHFA) Director Bill Pulte and Departme...
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Republicans on the House Committee on Financial Services, including chairman French Hill (R-AR), introduced a bill that seeks to make changes to the Consumer Financial Protection Bureau (CFPB). The...
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The Securities and Exchange Commission (SEC) and the Food and Drug Administration (FDA) recently entered into a memorandum of understanding that will facilitate the exchange of information regarding F...
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A coalition of more than 200 national and state associations representing Main Street businesses across the country is urging the U.S. House of Representatives to pass legislation about the penny. ...
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