The Securities and Exchange Commission (SEC) has adopted new rules that seek to improve the governance of clearing agencies. The new rules would, in effect, improve the governance of registered cle...
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U.S. Sens Ron Wyden (D-OR), Sheldon Whitehouse (D-RI), and Angus King (I-ME) introduced a bill last week that would close the carried interest loophole and ensure hedge fund managers and private equit...
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U.S. Rep. Andrew Garbarino (R-NY) introduced a resolution in the House this week to overturn the Securities and Exchange Commission’s (SEC) cyber disclosure rule. The SEC adopted the Cybersecuri...
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A bipartisan group of Congress members are asking Biden Administration officials to inquire into the size, scope, and duration of Hamas’s crypto fundraising efforts. “Open, transparent blockch...
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A new report from U.S. Sen. Joni Ernst (R-IA), the ranking member of the Senate Small Business Committee, found that the Small Business Administration (SBA) was scammed out of hundreds of billions of ...
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U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) introduced a bill that seeks to help farmers better navigate trade barriers to sell more fruits, vegetables, and crops. The Specialty Crops Reporti...
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The House Financial Services Committee passed several bills following the attack on Israel by Hamas terrorists. The committee approved legislation to penalize Hamas and Iran for their role in perpe...
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The Federal Housing Finance Agency (FHFA) announced Tuesday that the purchase cap for multifamily loans for Fannie Mae and Freddie Mac (the Enterprises) will be $70 billion each. The combine $140 ...
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Republicans on the U.S. Senate Finance Committee are calling on the Internal Revenue Service (IRS) to explain steps it is taking to address potential security weaknesses at the agency. “Preventin...
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A group of 38 Republican senators, led by Sen. Tim Scott (R-SC), is urging federal financial regulators to withdraw the revised Basel III proposal. Basel III is an internationally agreed set of mea...
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