Three Republican congressmen introduced legislation that seeks to protect small banks and lenders from certain compliance standards. The Small LENDER Act (H.R. 6732) -- introduced by U.S. Reps. Fre...
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A group of lawmakers recently forwarded correspondence to the Department of the Treasury, requesting unused Emergency Rental Assistance Program (ERA) funds be reallocated to states in highest need. ...
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The Consumer Financial Protection Bureau (CFPB) recently announced a new public engagement and regulatory request revision process, which should prove universally beneficial. "Americans should be a...
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The Independent Community Bankers of America (ICBA) recently expressed its support of several bills that address the Consumer Financial Protection Bureau’s proposal to implement new data collection ...
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Senate Finance Committee Republicans have forwarded correspondence to Congressional Budget Office Director Phillip Swagel, seeking information on how inflation impacts the federal budget. “Increa...
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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...
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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...
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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...
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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...
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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....
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