U.S. Sens. Thom Tillis (R-NC) and Bill Hagerty (R-TN) released a discussion draft of a bill that would ensure that cryptocurrency financial institutions follow Bank Secrecy Act anti-money laundering (...
Read More
A new report from the Consumer Financial Protection Bureau (CFPB) found that as overall interest rates rose, more borrowers paid “discount points” upfront. The report stated that the percentage...
Read More
On Friday, the U.S. Department of Treasury announced it would be accepting applications for the Investing in American Small Business Opportunity Program (SBOP). The program is part of the Treasury...
Read More
The Independent Community Bankers of America (ICBA) released new poll results on how Americans feel about legislation to create credit card routing mandates. The survey stems from the Credit Card C...
Read More
A group of Republican senators, led by U.S. Sen. Tim Scott (R-SC), have raised concerns to Biden administration officials about the latest Iran sanctions waiver. The sanctions waiver would grant Ir...
Read More
On Wednesday, the Securities and Exchange Commission (SEC) announced it had charged investment advisor Senvest Management LLC for widespread and longstanding recordkeeping failures. The SEC also c...
Read More
U.S. Sen. Bob Casey (D-PA) has expressed his support for a rule that would reduce excessive bank overdraft penalties. The proposed rule by the Consumer Financial Protection Bureau (CFPB) would clos...
Read More
Six more states have joined a lawsuit against a financial company for violations of multiple consumer protection laws that cost consumers hundreds of millions of dollars. The suit is against Marine...
Read More
Confidence among small business owners is rising, according to the latest MetLife and U.S. Chamber of Commerce Small Business Index. The index, which measures small business owner’s confidence, s...
Read More
The Purdue University/CME Group Ag Economy Barometer index rose in March, reflecting an improved outlook by farmers and producers on the economy. The index increased by 3 points in March to 114, wi...
Read More