Bipartisan legislation recently introduced in the U.S. Senate would help improve the processing of Internal Revenue Service (IRS). The Barcode Automation for Revenue Collection to Organize Disburse...
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The Federal Reserve Board released the hypothetical scenarios that will be used for its annual bank stress test. The stress test is designed to ensure that large banks can lend to households and bu...
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A resolution recently introduced in the U.S. House of Representatives expresses support for blockchain technology and digital assets. The resolution affirms that the United States should prioritize...
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Legislation introduced by U.S. Sen. Mike Rounds (R-SD) would ease regulatory requirements on smaller banks and credit unions. The Taking Account of Institutions with Low Operation Risk (TAILOR) Ac...
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The Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks involved in crypto-related activities. Acting FDIC Chairman Travis Hill directed staff to...
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U.S. Sens. Tim Scott (R-SC) and Bernie Moreno (R-OH) introduced legislation that would allow the president to place economic sanctions on foreign entities facilitating illegal immigration into the Uni...
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The American Property Casualty Insurance Association (APCIA) outlined some of the impacts of President Donald Trumps proposal to increase tariffs on trade partners. On Tuesday, a 10 percent additio...
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The U.S. Securities and Exchange Commission (SEC) approved the Intercontinental Exchange’s application for registration as a security-based swap execution facility (SBSEF). What this means is th...
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Legislation introduced Friday would exclude qualified catastrophe mitigation payments from gross income, officials said. The legislation, Disaster Mitigation and Tax Parity Act of 2025, was introd...
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The Consumer Financial Protection Bureau (CFPB) recently ordered Wise, a UK-based electronic money services provider, to pay nearly $2.5 million for a series of illegal actions. Wise’s service al...
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