U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) have launched an initiative to address uncertainties surrounding the tax treatment of digital assets. Wyden, chair of the Senate Finance Committee,...
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The Securities and Exchange Commission (SEC) has outlined charges against entities for allegedly failing to file hundreds of Suspicious Activity Reports (SARs) from 2009 to late 2019. The SEC noted...
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A group of 132 Republican lawmakers in Congress are filing an amicus curiae brief to the Supreme Court in a case involving the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) ...
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A new study by the Credit Union National Association (CUNA) and the American Association of Credit Union Leagues (AACUL) examines the impact of debit card interchange legislation on consumers, small b...
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The Consumer Financial Protection Bureau (CFPB) has detailed an action order against Bank of America for a series of alleged infractions. The CFPB alleges Bank of America systematically double-dipp...
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The Federal Housing Finance Agency (FHFA) is seeking input regarding a proposed rule amending the Suspended Counterparty Program (SCP) regulation. “Amending the Suspended Counterparty Program wil...
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Officials with the U.S. Department of the Treasury are espousing the benefits of its Homeowner Assistance Fund (HAF), which has aided more underserved communities than prior federal mortgage assistanc...
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U.S. Reps. Bill Huizenga (R-MI) and Steve Womack (R-AZ) expressed concerns with the Securities and Exchange Commission’s (SEC) proposed new rules for private fund advisors. Specifically, the lawm...
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The Consumer Financial Protection Bureau (CFPB), U.S. Department of Health and Human Services (HHS), and U.S. Department of Treasury are investigating the prevalence of high-cost specialty financial p...
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An Insured Retirement Institute (IRI) research brief maintains millions of Generation X (Gen X) workers will approach retirement uneasy about Social Security and with worries about insufficient retire...
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