National Association of Federally-Insured Credit Unions (NAFCU) Board Member Rodney Hood recently advocated cannabis banking normalization within the financial services industry during an Emerging Mar...
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U.S. Sen. Mike Braun (R-IN) and U.S. Rep. Tom Emmer (R-MN) recently introduced legislation that seeks to address federal spending growth in the coming decades through flexible budget caps. The Resp...
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U.S. Treasury Secretary Janet Yellen discussed digital assets policy, innovation, and regulation in a speech delivered April 8 at American University’s Kogod School of Business Center for Innovation...
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The Consumer Financial Protection Bureau (CFPB) is proposing a rule that would prevent consumer reporting agencies (CRAs) from including negative information resulting from abuse suffered by survivors...
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U.S. Sens. Ron Wyden (D-OR) and Rob Portman (R-OH) released a discussion draft of legislation that would ban foreign tax credits for companies that pay taxes to the Russian government. “We have b...
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U.S. Sen. Sherrod Brown (D-OH) is urging the Federal Reserve and the Office of the Comptroller of the Currency to ensure that any bank-approved bank mergers serve communities and small businesses as o...
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The U.S. Securities and Exchange Commission (SEC) is considering a new Regulation SE under the Securities Exchange Act of 1934 regarding security-based swap execution facilities (SBSEFs). The rule ...
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U.S. Sen. Pat Toomey (R-PA) released a discussion draft of a bill that would establish a new regulatory framework for payment stablecoins. The draft legislation would establish a new federal licens...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the world’s largest darknet market, the Russia-based Hydra Market, along with virtual currency exchange Gar...
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A coalition of bank and credit union associations, among others, are urging Congress to pass a bill that would close the industrial loan company (ILC) loophole. The Close the ILC Loophole Act (H.R...
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