Senate Finance Committee Republicans have forwarded correspondence to Congressional Budget Office Director Phillip Swagel, seeking information on how inflation impacts the federal budget. “Increa...
Read More
U.S. Rep. Josh Gottheimer (D-NJ) introduced a discussion draft of a bill that seeks to define stablecoins and put protections in place for consumers and investors. Overall, the Stablecoin Innovat...
Read More
The North American Securities Administrators Association (NASAA) and the U.S. Securities and Exchange Commission (SEC) announced a $100 million settlement with BlockFi Lending. The settlement follo...
Read More
U.S. Rep. Patrick McHenry (R-NC) is urging greater oversight by the U.S. Treasury of the Emergency Rental Assistance (ERA) programs. McHenry, the ranking member on the House Financial Services Com...
Read More
The Biden administration called on Congress Tuesday to develop laws and regulations to govern cryptocurrency transactions, specifically stablecoins, and to protect consumers and investors engaged in t...
Read More
U.S. Sens. Elizabeth Warren (D-MA) and Tina Smith (D-MN) expressed concerns about the Employee Benefits Security Administration (EBSA) proposal to grant a one-year exemption to Credit Suisse Group AG....
Read More
The U.S. Securities and Exchange Commission (SEC) has proposed amendments to a rule governing beneficial ownership to provide more timely information. The proposed amendments to Regulation 13D-G wo...
Read More
The Federal Reserve Board released the hypothetical scenarios for its annual bank stress tests last week. These tests help ensure that large banks can lend to households and businesses even in a se...
Read More
Minority Cannabis Business Association (MCBA) officials said the organization has partnered with The Arcview Group, Weedmaps, and Parallel to initiate a cannabis equity report and digital research map...
Read More
A recently convened Joint Economic Committee (JEC) Democrats hearing explored efforts to enhance the labor market and empower older workers. JEC Chairman Don Beyer (D-VA) presided over the session ...
Read More