A group of House lawmakers, led by Rep. Lloyd Smucker (R-PA) have introduced legislation that seeks to update and strengthen the Work Opportunity Tax Credit (WOTC). The Improve and Enhance the Work...
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U.S. Reps. Darin LaHood (R-IL) and Linda Sanchez (D-CA) introduced a bill that will allow individuals to roll over their Roth IRA savings into a Roth account within a workplace retirement plan. Cur...
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The Securities and Exchange Commission (SEC) adopted rule changes this week that seek to improve risk management practices for central counterparties in the U.S. Treasury market. The rule changes u...
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U.S. Reps. Brian Fitzpatrick (R-PA) and Marie Gluesenkamp Perez (D-WA) introduced a bill that would index the federal minimum wage to a regional cost-of-living standard. In addition, the Fair Wage ...
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U.S. Sens. Jack Reed (D-RI), Mark Warner (D-VA), Mike Rounds (R-SD), and Mitt Romney (R-UT) are taking steps to disrupt and eradicate the illicit financial networks of terrorist organizations. The ...
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On Friday, the Consumer Financial Protection Bureau (CPB) ordered Atlantic Union Bank to pay $6.2 million for its part in an illegal overdraft fee harvesting action. The CFPB said it found that At...
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A bipartisan group of Congress members have introduced legislation that looks to expand the availability of Pell Grants. The Bipartisan Workforce Pell Act would allow Pell Grants to support student...
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The Federal Deposit Insurance Corporation (FDIC) released an update on Dec. 7 for its restoration plan for the Deposit Insurance Fund (DIF). The Federal Deposit Insurance Act (FDI Act) requires that ...
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The Securities and Exchange Commission (SEC) announced on Thursday it had filed charges against five individuals and four companies for making fraudulent offerings in pre-initial public offering (IPO)...
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A bill was introduced in Congress last week that seeks to increase the supply of affordable housing for middle-income families. Sponsored by U.S. Sen. Ron Wyden (D-OR), the Workforce Housing Tax Cr...
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