U.S. Rep. Patrick McHenry (R-NC) and U.S. Sen. Cynthia Lummis (R-WY) are seeking clarification from federal banking regulators on how banks and financial institutions should account for the custody of...
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The U.S. House of Representatives advanced legislation that would require the president to publish the inflationary impact of executive actions before enacting them. The Reduce Exacerbated Inflatio...
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A recent report examined Medicare Supplement Insurance (Medigap) marketing practices and how some of the approaches are harmful to seniors. U.S. Sen. Elizabeth Warren (D-MA) released Sales Before S...
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U.S. Reps. Mike Kelly (R-PA) and Jimmy Panetta (D-CA) reintroduced Wednesday the More Homes on the Market Act, which addresses housing availability and affordability concerns. Per the bill, the tax...
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The Credit Union National Association (CUNA) recently joined a group of organizations asking the Consumer Financial Protection Bureau (CFPB) to extend the deadline to comment on the bureau’s proposa...
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U.S. Rep. Abigail Spanberger (D-VA) is commending the House Financial Services Committee for advancing the China Financial Threat Mitigation Act, which seeks to strengthen global ally coalitions to co...
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U.S. Rep. Patrick McHenry (R-NC) is seeking information from the U.S. Treasury Department on its current projection of the date when the U.S. would default on its debt if the debt limit is not raised....
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The U.S. Department of the Treasury Department's Community Development Financial Institutions (CDFI Fund) has earmarked $194.1 million in financial assistance awards to 252 Community Development Finan...
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U.S. banks saw net income increase year over year in the fourth quarter, according to the Federal Deposit Insurance Corporation’s (FDIC) Quarterly Banking Profile. The FDIC, which tracks 4,706 c...
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U.S. Sens. Roger Wicker (R-MS) and Cindy Hyde-Smith (R-MS) are among a group of lawmakers seeking to secure a four-year extension of a Medicare policy that allows rural hospitals to continue deliverin...
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