Legislation proposed by U.S. Sen. Ron Wyden (D-OR), and U.S. Reps. Deborah Ross (D-NC) and Kathy Caster (D-FL) would create criminal penalties for health insurance brokers who change Americans’ Affo...
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The Independent Community Bankers of America (ICBA) is urging policymakers to end unwarranted federal tax subsidies for the nation’s largest credit unions. It follows a new policy initiative that...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) recently issued a geographic targeting order (GTO) to further combat money laundering, drug cartels and other illi...
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U.S. Reps. Alexandria Ocasio-Cortez (D-NY) and Anna Paulina Luna (R-FL) introduced a bill that would immediately cap credit card interest rates at 10 percent. The bill (H.R. 1944) states that the ...
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Bi-cameral legislation re-introduced by Democrats would lower the cost of housing and address the housing shortage, law makers said. U.S. Sens. Elizabeth Warren (D-MA) and Raphael Warnock (D-GA) ...
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A bipartisan group of senators introduced an update to a bill that seeks to establish a clear regulatory framework for payment stablecoins. The bill is the Guiding and Establishing National Innovation...
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The Managed Funds Association (MFA), an association for the global alternative asset management industry, presented the Securities and Exchange Commission (SEC) with a list of 10 recommendations it sa...
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U.S. Rep. Ashley Hinson (R-IA) is sponsoring legislation that would establish a task force within the U.S. Department of Justice (DOJ) to combat China's trade crimes. IN addition, the bipartisan, ...
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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...
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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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