U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, is cautioning U.S Treasury against regulating outbound investment to China. In a letter to Yellen, McHenry express...
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U.S. Reps. Dan Newhouse (R-WA) and Jennifer Wexton (D-VA) recently joined eight colleagues to introduce legislation that would end a United States Postal Service (USPS) ban preventing the shipping of ...
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The Office of the Comptroller of the Currency (OCC) has revised its policies and procedures manual on bank enforcement actions regarding actions against banks that fail to correct persistent weaknesse...
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Findings from corporate and consumer surveys conducted by Federal Reserve Financial Services maintain businesses and consumers are using faster payments and prefer accessing faster payment services th...
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The U.S. Department of the Treasury launched a new public-private partnership that is dedicated to bolstering regulatory and private sector cooperation. This new partnership, called the Cloud Execu...
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National Federation of Independent Business (NFIB) officials noted the organization supports the U.S. Supreme Court’s recent ruling with regard to Sackett v. Environmental Protection Agency (EPA). ...
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The U.S. Senate Permanent Subcommittee on Investigations (PSI) is seeking communications and records from accounting firm KPMG related to its audits of three failed banks—Silicon Valley Bank, Signat...
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A group of lawmakers have reintroduced legislation they maintain would reform disaster recovery efforts via a housing and community development disaster assistance fund. U.S. Sens. Brian Schatz (D...
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FMI, the Food Industry Association, expressed its support for the approval of a bill by the House Energy & Commerce Committee that would prohibit pharmacy benefits managers (PBMs) from engaging in spr...
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U.S. Sen. Marco Rubio and U.S. Rep. María Elvira Salazar (R-FL) introduced legislation that seeks to better track foreign real estate buyers in large markets. It would also raise the withholding tax ...
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