U.S. Sen. Pat Toomey (R-PA) introduced a bill that would change the structure of the federal reserve banking system. The Federal Reserve Accountability Act would make the presidents of Fed regional...
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U.S. Rep. Maxine Waters (D-CA) is urging the Federal Trade Commission (FTC) to conduct a robust review of the proposed acquisition of Black Knight, a data and analytics company, by the Intercontinenta...
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A Joint Economic Committee (JEC) Democrats report maintains older Americans contribute an estimated 40 percent of the national economic output despite making up 35 percent of the population. Offici...
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U.S. Sen. Pat Toomey (R-PA) introduced a bill this week to establish the first federal regulatory framework for payment stablecoins. Specifically, the bill seeks to encourage competition by author...
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The U.S. District Court for the Central District of California entered a consent order for permanent injunction, monetary sanctions, and equitable relief against Monex Deposit Company, Monex Credit Co...
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U.S. Sen. Dan Sullivan (R-AK), a member of the Senate Committee on Veterans’ Affairs, recently commended colleagues for passing the Improving Access to the VA Home Loan Act of 2022 (H.R. 7735), whic...
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A bill designed to bolster retirement savings has been included in the $1.7 trillion omnibus federal government funding bill. The omnibus bill, which combines 12 appropriations packages, is schedul...
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Consumer Financial Protection Bureau (CFPB) officials have detailed an enforcement order against Wells Fargo Bank for mismanagement of auto loans, mortgages, and deposit accounts. The agency indi...
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The Federal Reserve Board and the Federal Deposit Insurance Corporation released the updated asset-size thresholds to define certain banks under the Community Reinvestment Act (CRA). Specifically, ...
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A group of lawmakers recently forwarded correspondence to some tax preparation companies and tech forms outlining concerns companies allegedly have been secretly transmitting individual taxpayers’ s...
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