The U.S. House of Representatives on Feb. 10 voted to pass bipartisan legislation that would update the requirements for federal credit union board meetings. H.R. 975, the Credit Union Board Moderniz...
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The Securities and Exchange Commission (SEC) has made an exemption to the requirement for the Consolidated Audit Trail (CAT). Specifically, it is exempting the requirement to report certain personall...
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U.S. Rep. Darin LaHood (R-IL) on Feb. 6 introduced a bipartisan bill designed to simplify the tax filing and payment processes for families and small businesses. The Tax Administration Simplification...
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A coalition of nearly 80 members of the U.S. House of Representatives introduced legislation on Feb. 7 that would restore FAFSA exemptions for families of farmers and small business owners. The legis...
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The U.S. Department of the Treasury appointed Rodney Hood as Acting Comptroller of the Currency, effective Feb. 10. Hood succeeds Acting Comptroller Michael Hsu, who had served in the role since May ...
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The battle over the future of U.S. Steel escalated on Monday as activist investor Ancora Holdings Group LLC called for a major leadership shake-up following the collapse of the company’s proposed $1...
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U.S. Sen. Joni Ernst (R-IA) introduced legislation on Feb. 10 that would require federal agencies to demonstrate that new regulations comply with existing laws, while considering the costs they put on...
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A group of Republican senators, led by U.S. Sens. John Curtis (R-UT) and Kevin Cramer (R-ND), introduced legislation that seeks to prevent large banks from denying fair access to financial services to...
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Legislation aimed at enhancing investment options for 403(b) retirement plans was reintroduced in the Senate this week. Put forward by U.S. Sens. Katie Britt (R-AL), Raphael Warnock (D-GA), Dr. Bi...
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U.S. Reps. French Hill (R-AR) and Bryan Steil (R-WI) released a discussion draft of a bill to establish a framework for the issuance of dollar-denominated payment stablecoins in the United States. ...
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