The U.S. Congress Joint Economic Committee and the Congressional Asian Pacific American Caucus released a report last week on the economic situation among the diverse Asian American, Native Hawaiian, ...
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The Consumer Financial Protection Bureau (CFPB) maintains companies are not absolved of legal responsibilities when enabling a black-box model or algorithms to make lending decisions. The CFPB rece...
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A group of U.S. Senators introduced legislation that seeks to reduce the amount of board meetings credit unions are required to have. At present, credit union boards are required to meet at least o...
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U.S. Sens. Marco Rubio (R-FL), Tom Cotton (R-AR), and Mike Braun (R-IN) recently introduced the Defending Americans from Authoritarian Digital Currencies Act, which seeks to prohibit domestic app plat...
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The Credit Union National Association (CUNA) is among a group of organizations that have expressed their support for a bill that would permit remote notary signing. The organizations point out tha...
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A group of lawmakers on the Senate Finance Committee released a discussion draft for telehealth policies designed to improve mental health care across the nation. The discussion draft includes poli...
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Federal Reserve Vice Chair Lael Brainard said Thursday the Central Bank is not close to developing a crypto central bank digital currency (CBDC) and before doing so would seek authorization from Congr...
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The Securities and Exchange Commission (SEC) has proposed amendments to rules on reporting environmental, social, and governance (ESG) factors for investment companies and advisors. The proposed ...
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The Conference of State Bank Supervisors (CSBS) is urging Congress to keep the Secure and Fair Enforcement (SAFE) Banking Act in the final version of the America COMPETES Act to provide legal marijuan...
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U.S. Sens. Todd Young (R-IN) and Cory Booker (D-NJ) recently introduced the Emergency Savings Act of 2022, which seeks to help Americans save for unexpected expenses without gaining access to their re...
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