The U.S. Department of Justice has seized an estimated $112 million of virtual currency from several cryptocurrency investment scams. Judges authorized seizure warrants for six virtual currency acc...
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The Securities and Exchange Commission (SEC) has hit Merrill Lynch, Pierce, Fenner & Smith with fines and penalties for charging advisory clients more than $4 million in undisclosed foreign exchange f...
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U.S. Reps. Carol Miller (R-WV) and Ron Estes (R-KS) have introduced legislation they noted incentivizes employers to hire Temporary Assistance for Needy Families (TANF) recipients and provide job skil...
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U.S. Reps. Ron Estes (R-KS) and Dan Kildee (D-MI) have introduced a resolution that condemns foreign digital services taxes (DSTs). These taxes, imposed by foreign countries like France, Canada, a...
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U.S. Sen. James Lankford (R-OK) authored a bill that would make permanent a provision in the 2017 Tax Cuts and Jobs Act (TCJA) to allow businesses to fully expense new investments in the year of purch...
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A group of lawmakers recently reintroduced a bill they said seeks to provide financial compensation to whistleblowers who report Consumer Financial Protection Bureau (CFPB) offenses. U.S. Sen. C...
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A group of lawmakers recently introduced legislation they noted enables federal regulators to recoup all or part of bank executive compensation received in the event of a bank failure. U.S. Sens. E...
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A group of lawmakers recently forwarded correspondence to the Securities and Exchange Commission (SEC) outlining concerns regarding large Silicon Valley Bank (SVB) executive stock trades before the ba...
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The Consumer Financial Protection Bureau (CFPB) finalized a rule last week that is designed to increase transparency in small business lending, promote economic development, and combat unlawful discri...
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A bipartisan group of senators, led by U.S. Sens. Thom Tillis (R-NC) and Elizabeth Warren (D-MA), introduced legislation that would strengthen Federal Reserve accountability and ensure that financial ...
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