U.S. Rep. Stephanie Bice (R-OK) introduced this week the Stop Environmental Calculations (SEC) Act, which seeks to address Securities and Exchange Commission (SEC) climate-related disclosure requireme...
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The Federal Reserve Board offered more details this week on how its pilot climate scenario analysis exercise for large banks will be conducted. The pilot exercise includes physical risk scenarios wit...
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U.S. Reps. Tom Cole (R-OK) and Jake LaTurner (R-KS) recently reintroduced the Bipartisan Social Security Commission Act to address Social Security's long-term solvency. Cole has been a lead sponsor o...
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The Office of the Comptroller of the Currency (OCC) is touting the benefits of its newly revised “Fair Lending” booklet. “Ensuring compliance with fair lending laws will help put an end to disc...
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The Securities and Exchange Commission (SEC) levied charges against two companies for violations related to its crypto asset lending program. Specifically, the SEC charged Genesis Global Capital and ...
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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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