On Friday, the Securities and Exchange Commission (SEC) announced it had settled its case against five investment advisers it had charged with violating marketing rules. All five firms have agreed...
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A new report has found that every student loan servicer failed to prepare during the return to repayment following the pandemic, resulting in more than 3.9 million billing errors. The report, Serv...
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U.S. Reps. Patrick McHenry (R-NC) and Brittany Pettersen (D-CO) introduced legislation last week that is designed to deter hackers and establish guide rails for financial institutions to respond to ra...
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The U.S. Department of the Treasury proposed rule that seeks to enhance the penalty and enforcement authorities of the Committee on Foreign Investment in the United States (CFIUS). Specifically, th...
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The Federal Deposit Insurance Corporation (FDIC) issued a report this week that examines how it would manage the orderly resolution of a large, complex financial company. The report explains how th...
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On Wednesday, U.S. Rep. Virginia Foxx (R-C) announced the House had passed her workforce development bill, putting more Americans on the path to successful careers. The A Stronger Workforce for Am...
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U.S. Sen. John Hoeven (R-ND) introduced legislation this week that is designed to strengthen crop insurance and make higher levels of coverage more affordable for producers. The Federal Agricultur...
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On Tuesday, U.S. Sen. Jeanne Shaheen (D-NH) said a new Small Business Majority report shows that a majority of small business owners support legislative action to address child care affordability and ...
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The U.S. Department of the Treasury and Internal Revenue Service (IRS) have proposed regulations on the stock buyback or “repurchase” excise tax. This is a key provision included in the Inflati...
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U.S. Sen. Tim Scott (R-SC) introduced a resolution that seeks to overturn the Consumer Financial Protection Bureau’s (CFPB) rule that puts a cap on credit card late penalties. The CFPB’s rule,...
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