U.S. Reps. Abigail Spanberger (D-VA) and Chip Roy (R-TX) have sponsored a bill that would effectively ban members of Congress from trading individual stocks while in Congress. Specifically, the Trans...
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House Republicans on the Financial Services Committee created a new subcommittee this week, the Subcommittee on Digital Assets, Financial Technology, and Inclusion. U.S. Rep. French Hill (R-AR), vic...
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A group of lawmakers recently introduced a bill that seeks to aid in addressing organized retail crimes. U.S> Reps. Young Kim (R-CA), Jimmy Panetta (D-CA), Maria Salazar (R-FL), and Andrew Garbarino ...
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The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) have released findings from a report examining 2022 third-quarter small business lending trends. Officials noted th...
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The Consumer Bankers Association (CBA) is encouraging the Consumer Financial Protection Bureau (CFPB) to work with the banks to protect consumers from more prevalent peer-to-peer (P2P) payment platfor...
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U.S. Reps. Darin LaHood (R-IL) and Suzan DelBene (D-WA) introduced a bill this week that would extend the Federal Insurance Contribution Act (FICA) tax tip credit to salon and beauty service establish...
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The Consumer Financial Protection Bureau (CFPB) has proposed a rule establishing a public registry of supervised nonbanks’ terms and conditions in non-negotiable form contracts. The proposed action...
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U.S. Rep. Ken Calvert (R-CA) introduced legislation designed to help small businesses comply with the Americans with Disabilities Act (ADA) while seeking to cut down on lawsuits. His bill, the ACCESS...
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U.S. Rep. Carol Miller (R-WV) introduced legislation that would repeal a tax stipulation that impacted gig economy workers. Her bill, the Saving Gig Economy Taxpayers Act (H.R. 190), proposes that i...
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Cristina Martin Firvida has been appointed Securities and Exchange Commission (SEC) Director of the Office of the Investor Advocate. Martin Firvida, slated to assume the post on Jan. 17, 2023, most r...
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