A group of Congressional Republicans, led by U.S. Sen. Mike Crapo (R-ID), are urging the Congressional Budget Office (CBO) to analyze the budgetary impact of the Medicare Part D Premium Stabilization ...
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When Congress returns to Capitol Hill next month, two members plan to file a discharge petition to force a vote on the U.S. House floor on their bipartisan Social Security Fairness Act. The bill, H...
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The Commodity Futures Trading Commission (CFTC) settled charges with the Bank of New York Mellon for repeatedly failing to correctly report millions of swap transactions to a registered swap data repo...
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The board of the Federal Deposit Insurance Corporation (FDIC) appointed Carrie Cohen to serve as its independent transformation monitor. In this capacity, Cohen, a partner at Morrison Foerster LLP...
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Poor economic conditions are hampering community improvements efforts in low- to moderate-income communities, according to a new survey spearheaded by the Federal Reserve. The survey, called “Com...
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Dallas-based Intrepid U.S.A. Inc. agreed to pay $3.85 million to resolve allegations that two lines of business for the home healthcare and hospice provider violated the False Claims Act, the U.S. Dep...
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The U.S. Securities and Exchange Commission (SEC) adopted a rule last week that updates the dollar threshold for a fund to qualify as a “qualifying venture capital fund.” The rule updates the ...
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The Conference of State Bank Supervisors (CSBS) has established a new advisory group on the use of artificial intelligence (AI) in the financial services sector. The CSBS Artificial Intelligence A...
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A federal judge on Aug. 20 barred the Federal Trade Commission’s (FTC’s) ban on employment noncompete agreements from taking effect Sept. 4. U.S. District Judge Ada Brown of the Northern Distri...
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The Consumer Financial Protection Bureau (CFPB) ordered Fay Servicing to pay a multi-million-dollar penalty for violations of mortgage servicing laws, as well as violations of a past enforcement order...
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