Securities and Exchange Commission (SEC) officials have detailed an emergency action against Miami-based investment adviser BKCoin Management LLC and one of its principals, Kevin Kang. Per the SEC,...
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U.S. Sens. Bill Cassidy, M.D. (R-LA), Tim Kaine (D-VA), Susan Collins (R-ME), and Chris Coons (D-DE) introduced a bill that seeks to help Americans make more informed decisions regarding when to claim...
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A group of Democratic senators recently urged federal agencies to coordinate a supervisory approach to peer-to-peer payment systems such as Zelle and similar apps with the Consumer Financial Protectio...
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Senate Banking Committee Republicans have forwarded correspondence to Federal Reserve System Board of Governors Chair Jerome Powell, citing concerns regarding Federal Reserve capital review requiremen...
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A bill that would reform the Internal Revenue Service’s (IRS) Whistleblower Awards Program was introduced in Congress this week. IRS Whistleblower Program Improvement Act was introduced by U.S. R...
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U.S. Sens. Elizabeth Warren (D-MA), Chris Van Hollen (D-MD), and Roger Marshall (R-KS) recently forwarded correspondence to crypto exchange, Binance, and its domestic affiliate, Binance.US seeking ins...
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U.S. Sen. Martin Heinrich (D-NM), the chair-designate of the Joint Economic Committee, is among a group of senators urging President Joe Biden to utilize a “whole-of-government” approach to addres...
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U.S. Rep. Alex X. Mooney (R-WV) recently reintroduced the Transparency in Consumer Financial Protection Bureau (CFPB) Cost-Benefit Analysis Act (H.R. 1313), which seeks to bolster Consumer Financial P...
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U.S. Sen. Sherrod Brown (D-OH) expressed concerns to the Acting Comptroller of the Currency about bank branch closures in low- to moderate-income communities. The inquiry follows a report from the...
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U.S. Rep. Randy Feenstra (R-IA) is touting the benefits of a bill that pairs debt ceiling increases with equal federal spending cuts to reduce the nation's $31 trillion debt. Feenstra recently intr...
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