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...
Read More
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...
Read More
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...
Read More
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 ...
Read More
A group of lawmakers recently introduced the Main Street Tax Certainty Act, which would permanently establish a 20 percent pass-through tax deduction for small business owners. The legislation w...
Read More
The U.S. House of Representatives passed two bills this week that were first introduced in the House Financial Services Committee. The China Financial Threat Mitigation Act of 2023 (H.R. 1156), sp...
Read More
U.S. Sens. Sherrod Brown (D-OH) and Bill Cassidy (R-LA) have introduced legislation that would address online sellers tax paperwork by ensuring fewer casual sellers receive excessive paperwork. The...
Read More
U.S. Reps. Tom Emmer (R-MN) and Darren Soto (D-FL) introduced legislation that seeks to bring more clarity to the regulatory classification of digital assets. Currently, existing securities law doe...
Read More
U.S. Reps. Andy Barr (R-KY) and Vicente Gonzalez (D-TX) are touting legislation that would provide families with another home buying process access point. The reintroduced Affordable Homeownership ...
Read More
U.S. Sens. Thom Tillis (R-NC) and Jon Tester (D-MT) are urging President Joe Biden to appoint an independent investigator to probe the causes of the recent collapse of Silicon Valley Bank, First Repub...
Read More