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Wednesday, May 14th, 2025

Home » Regulation » Federal » Page 208

Federal

HUD task force delivers action plan to end racial bias in home lending

By Dave Kovaleski   |   March 25, 2022   |   Featured

The U.S. Department of Housing and Urban Development’s Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) completed its action plan this week, which looks to dismantle racial b...

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Finance Committee Republicans ask for update on Social Security, Medicare trust funds

By Liz Carey   |   March 24, 2022   |   Federal

U.S. Sens. Mike Crapo (R-ID) and Todd Young (R-IN), along with other Senate Finance Committee Republicans, would like an update on the status of the Social Security and Medicare trust funds. In a ...

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CFPB issues guidance regarding illegal consumer review practices

By Douglas Clark   |   March 24, 2022   |   Federal

The Consumer Financial Protection Bureau (CFPB) said it has issued policy guidance to address potentially illegal practices related to consumer reviews. “In America, no corporation should be able...

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MISMO requests flood risks disclosure standardization

By Douglas Clark   |   March 24, 2022   |   Federal

Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry's standards group, is initiating an endeavor to standardize flood risks disclosure. The effort stems f...

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Reps. Barr, Allen introduce bill to focus investment advisors on financial factors

By Dave Kovaleski   |   March 23, 2022   |   Federal

U.S. Reps. Andy Barr (R-KY) and Rick Allen (R-GA) introduced legislation that would mandate that only financial factors are to be taken into account by advisors when making investment decisions for re...

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SEC proposed new rule on climate-related disclosures

By Dave Kovaleski   |   March 23, 2022   |   Featured

The Securities and Exchange Commission (SEC) proposed a new rule this week that would require public companies to include certain climate-related disclosures in their registration statements. Spec...

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Retail associations call on Treasury to help with coin circulation

By Liz Carey   |   March 23, 2022   |   Federal

Several associations representing retailers and financial institutions are calling on the U.S. Treasury Department to help raise awareness about the need for increased coin circulation. In a lette...

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House bill would allow penalty-free distributions from retirement plans for emergencies

By Dave Kovaleski   |   March 22, 2022   |   Featured

U.S. Reps. Brad Wenstrup (R-OH) and Tom Suozzi (D-NY) introduced legislation in the House that seeks to allow Americans to tap their retirement plans to cover unexpected financial emergencies. Spe...

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Sens. Rubio, Baldwin offer support for SEC’s share repurchase disclosure rule

By Dave Kovaleski   |   March 22, 2022   |   Federal

U.S. Sens. Marco Rubio (R-FL) and Tammy Baldwin (D-WI) offered support for Securities and Exchange Commission (SEC) Chair Gary Gensler’s proposed Share Repurchase Disclosure Modernization rule. ...

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Reps. Mace, Lee introduce resolution instructing U.N. to deschedule cannabis

By Liz Carey   |   March 22, 2022   |   Cannabis Banking

U.S. Reps. Nancy Mace (R-SC) and Barbara Lee (D-CA) introduced legislation Friday that would instruct the United Nations (U.N.) to deschedule cannabis from Schedule 1 of the Single Convention on Narco...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

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  • Legislation would help small businesses bring new technologies to market
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • Credit Suisse hit with $510M fine for IRS violations
  • Bipartisan bill would help GSE’s develop low-income housing
  • Trump signs into law resolution overturning overdraft cap rule

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