Bipartisan legislation recently introduced in Congress would provide an above-the-line deduction for flood insurance premiums to help keep them affordable for Americans. “To keep families from ...
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The Federal Deposit Insurance Corporation (FDIC) is extending the public comment period for its proposed rule on recordkeeping for custodial accounts by 45 days. On Sept. 17, the FDIC proposed a r...
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U.S. Sens. Susan Collins (R-ME) and Bill Cassidy, M.D. (R-LA) are seeking answers from the Bureau of Labor Statistics (BLS) on its consistent failures to produce accurate national jobs data. Each m...
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Newly proposed legislation on Capitol Hill would nullify certain interagency guidance pertaining to climate-related financial risk management for large financial institutions. U.S. Rep. Troy Balder...
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The bipartisan BRIDGE for Workers Act, which will expand job placement services to all unemployment insurance claimants, is headed to President Joe Biden’s desk to be signed into law. Formally kn...
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There are disparities between how lenders treat Black and white small-business owners seeking loans, according to a recent Consumer Financial Protection Bureau (CFPB) study. Trained individuals pos...
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U.S. Sens. Catherine Cortez Masto (D-NV) and Marsha Blackburn (R-TN) introduced a bill that seeks to streamline tax filing and payment for individuals and small businesses. The Tax Administration S...
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U.S. Rep. French Hill (R-AR) is seeking comments on a set of principles he developed that support a growing community banking industry. “The House Financial Services Committee has not had a forme...
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A proposed Federal Trade Commission (FTC) settlement would require H&R Block to make multiple changes for the 2025 tax filing season as well as long-term changes. In February, the FTC filed an admi...
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U.S. Rep. Vern Buchanan (R-FL) is leading an effort to call on Congressional leadership to provide new funding to replenish the Small Business Administration’s (SBA) disaster loan program. After ...
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