The House of Representatives advanced Monday the SECURE Notarization Act of 2023, which seeks to update and modernize the nation's notarization process. U.S. Reps. Kelly Armstrong (R-ND) and Madeli...
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A group of Senate Republicans recently asked Biden administration officials for an update on its efforts to recover fraudulent benefits obtained through the temporary COVID-19 unemployment insurance (...
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Federal bank regulatory agencies issued a statement last week on liquidity risks to banks related to funding from crypto-asset-related entities. “In particular, certain sources of funding from cr...
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Citing financial privacy and currency protection concerns, a group of lawmakers recently advocated legislation prohibiting issuing of a central bank digital currency (CBDC). Majority Whip Tom Emmer...
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Rhode Island state officials are touting the benefits of a $61.7 million awarded through the Biden Administration's State Small Business Credit Initiative (SSBCI). The American Rescue Plan Act of 2...
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U.S. Sens. Joni Ernst (R-IA) and Maggie Hassan (D-NH) introduced legislation that seeks to provide more transparency to college students before they take out a loan. Their bill, the Student Transp...
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Derivative marketplace CME Group is slated to expand its suite of event contracts to include Bitcoin futures on March 13, noting the action would occur pending regulatory review. CME Group offers...
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The leaders of the House Committee on Small Business are urging President Joe Biden to nominate a chief counsel for advocacy at the Small Business Administration’s Office of Advocacy. “The Smal...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) recently outlined the Corporate Alternative Minimum Tax (CAMT), which clarifies issues regarding insurance industry accountin...
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The Options Clearing Corporation (OCC) has settled with both the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) on an error it made implementing a certai...
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