Newly proposed legislation on Capitol Hill would nullify certain interagency guidance pertaining to climate-related financial risk management for large financial institutions. U.S. Rep. Troy Balder...
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The bipartisan BRIDGE for Workers Act, which will expand job placement services to all unemployment insurance claimants, is headed to President Joe Biden’s desk to be signed into law. Formally kn...
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There are disparities between how lenders treat Black and white small-business owners seeking loans, according to a recent Consumer Financial Protection Bureau (CFPB) study. Trained individuals pos...
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U.S. Sens. Catherine Cortez Masto (D-NV) and Marsha Blackburn (R-TN) introduced a bill that seeks to streamline tax filing and payment for individuals and small businesses. The Tax Administration S...
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U.S. Rep. French Hill (R-AR) is seeking comments on a set of principles he developed that support a growing community banking industry. “The House Financial Services Committee has not had a forme...
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A proposed Federal Trade Commission (FTC) settlement would require H&R Block to make multiple changes for the 2025 tax filing season as well as long-term changes. In February, the FTC filed an admi...
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U.S. Rep. Vern Buchanan (R-FL) is leading an effort to call on Congressional leadership to provide new funding to replenish the Small Business Administration’s (SBA) disaster loan program. After ...
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The Office of the Comptroller of the Currency (OCC) named two new deputy comptrollers for large bank supervision on Wednesday. Kevin Greenfield, an acting deputy comptroller for large bank supervi...
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The U.S. Federal Reserve Board invited comment this week on a report that examines the impact of a proposed international capital standard (ICS) for large international insurance groups. Specifical...
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Privacy protections for financial information in many states lags behind safeguards in other sectors of the economy, according a recent Consumer Financial Protection Bureau (CFPB) report. The repor...
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