The U.S. Senate Finance Committee recently advanced legislation that requires the IRS to accept and process all returns and amended returns electronically. The Taxpayer Assistance and Service (TAS)...
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U.S. Sens. Todd Young (R-IN) and Ben Ray Lujan (D-NM) have introduced legislation that would help Americans navigate challenges with the Internal Revenue Service. The legislation, the Strengthenin...
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The Crypto Council for Innovation, Blockchain Association, and The Digital Chamber recently sent a letter to Majority Leader John Thune (R-SD) and Minority Leader Chuck Schumer (D-NY), expressing stro...
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Republican-led legislation that would reduce and modify banking regulations, including those regarding institution formation, supervision by federal financial regulators, and bank merger requirements,...
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The Consumer Bankers Association (CBA) joined the American Bankers Association (ABA) today to urge the Federal Reserve to add additional safeguards to proposed Payment Account frameworks. In a com...
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The U.S. Small Business Administration (SBA) is now accepting proposals for a new grant competition that will distribute up to $9 million to organizations helping small businesses strengthen domestic ...
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In its semiannual report to Congress, the U.S Treasury reviewed and assessed the macroeconomic and foreign exchange policies of its major U.S. trading partners in 2025. For the report, Treasu...
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Members of the U.S. House Committee on Financial Services are urging Federal Reserve officials to continue improving the timeliness and efficiency of their review of bank mergers and acquisitions (M&a...
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New legislation introduced by U.S. Sen. Ron Wyden (D-OR) and U.S. Rep. Richard Neal (D-MA) would prevent ultra-wealthy individuals from abusing tax-preferred retirement accounts as tax shelters. Wyde...
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Sam Waldon, Securities and Exchange Commission (SEC) Division of Enforcement principal deputy director, will be leaving the agency on July 31. Waldon will be succeeded as Principal Deputy Director by...
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