Economists at Bank of America (BofA) Global Research released their 2024 outlook, calling for a soft “landing” for the economy. "2023 defied almost everyone's expectations: recessions that neve...
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U.S. Sen. Rick Scott (R-FL) introduced a bill in the U.S. Senate last week that would prohibit money services businesses from engaging in any transaction that involves a central bank digital currency ...
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The U.S. Federal Housing Finance Agency (FHFA) published a final rule last week that modifies some provisions of the Enterprise Regulatory Capital Framework (ERCF) for Fannie Mae and Freddie Mac. ...
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On Tuesday, the U.S. Department of the Treasury announced it had approved awarded more than $50 million in technical assistance grants to 20 states under the State Small Business Credit Initiative (SS...
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U.S. Rep. French Hill (R-AR) reintroduced a bill that seeks to amend the Social Security Disability Insurance (SSDI) program. The Social Security Disability Insurance Return to Work Act (H.R. 6428...
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The Securities and Exchange Commission (SEC) levied charges against an unregistered cryptocurrency trading platform. The charges were filed against Payward Inc. and Payward Ventures Inc., together...
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U.S. Rep. Andy Barr (R-KY) announced last week that he had introduced legislation to increase tailoring for mid-sized banks. His legislation, the Financial Institution Regulatory Tailoring Enhance...
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On Thursday, in its annual report, the Consumer Financial Protection Bureau (CFPB) highlighted challenges American’s face when debt collector pursue allegedly unpaid medical bills. The report to...
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U.S. Reps. Mike Turner (R-OH) and Mikie Sherrill (D-NJ) introduced legislation in the House that seeks to restore the expired tax incentive that allows developers to fully deduct the costs of environm...
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The U.S. Treasury and the Internal Revenue Service (IRS) released guidance this week to provide additional clarity on the expanded investment tax credit (ITC). Specifically, the guidance seeks to p...
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