U.S. Sen. Tim Scott (R-SC), ranking member of the Senate Banking Committee, recently outlined 118th Congress banking legislative and oversight priorities, noting that the focus is expanding opportunit...
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A group of House Democrats recently introduced legislation that seeks to raise the vote threshold to two-thirds in both the House and Senate for any legislation reducing Medicare and Social Security b...
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U.S. Rep. Blaine Luetkemeyer (R-MO) introduced legislation to prohibit the use of the Chinese Central Bank Digital Currency, also known as the Digital Yuan, by U.S. licensed money service businesses. ...
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A group of lawmakers recently introduced a bill that targets the nation's worker shortage by closing the skills gap. U.S. Reps. Bill Johnson (R-OH), Lisa Blunt-Rochester (D-DE), Michael Turner (R-O...
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U.S. Sens. Marsha Blackburn (R-TN) and Mike Braun (R-IN) are espousing the benefits of the recently introduced IRS User Fee Reduction Act, which would require the IRS to reduce user fees by 95 percent...
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U.S. Rep. Ken Calvert (R-CA) introduced legislation designed to protect employee bonuses from certain federal requirements. Under the Fair Labor Standards Act of 1938 (FLSA), the Department of Labo...
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A group of lawmakers recently forwarded correspondence to the Federal Housing Finance Agency (FHFA), requesting reviews of Fannie Mae and Freddie Mac's nonperforming loan and reperforming loan sales p...
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U.S. Rep. Andy Barr (R-KY) said the reintroduction of a Congressional Review Act (CRA) measure seeks to nullify the Department of Labor’s (DOL) recent rule regarding environmental, social, governanc...
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A proposal by the Consumer Financial Protection Bureau (CFPB) that seeks to curb excessive credit card late fees drew criticism from several banking industry organizations. The proposal focuses on ...
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A bill was introduced in the U.S. Senate this week designed to help students pay for college costs. The ISA Student Protection Act would support a student financing tool for postsecondary education...
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