On Tuesday, the Consumer Financial Protection Bureau (CFPB) ordered U.S. Bank to pay more than $20 million in penalties for preventing out-of-work consumers from accessing their unemployment benefits ...
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A group of Republican members of Congress are urging the U.S Treasury and its Financial Crimes Enforcement Network (FinCEN) to delay in the implementation of new beneficial ownership reporting require...
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On Thursday, U.S. Sens. Jerry Moran (R-KS) and Joe Manchin (D-WV) re-introduced legislation that would make bank examinations more fair and more transparent. The Fair Audits and Inspections for Re...
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U.S. Rep. Lou Correa (D-CA) led more than 20 of his House colleagues in urging President Joe Biden to insist that European Union (EU) policymakers administer and enforce their digital policies fairly....
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U.S. Sens. Sherrod Brown (D-OH), Raphael Warnock (D-GA), and John Fetterman (D-PA) are encouraging Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra to monitor the risks posed by “bu...
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On Friday, U.S. Rep. Dan Meuser (R-PA) introduced legislation that seeks to increase the crowdfunding exemption so small businesses and startups have more access to capital. The legislation, the A...
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U.S. Sen. Tim Scott (R-SC), ranking member on the Senate Banking Committee, is urging the SEC to rescind two rules that would expand the types of entities required to register as securities dealers. ...
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U.S. Sens. Sherrod Brown (D-OH), Jack Reed (D-RI), and Elizabeth Warren (D-MA) are calling on Venmo to adopt policies to reimburse consumers who get scammed. This call from the senators follows a ...
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U.S. Rep. Mike Turner (R-OH) introduced a bill in the House last week that would prohibit banks from forcing customers to use electronic bank statements instead of paper statements. His bill, the P...
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U.S. Sen. Elizabeth Warren (D-MA) and U.S. Rep. Hank Johnson (D-GA) recently led 91 legislators in urging the Consumer Financial Protection Bureau (CFPB) to protect consumers by reining in the financi...
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