U.S. Reps. Patrick McHenry (R-NC), chair of the House Financial Services Committee, and Maxine Waters (D-CA), the committee’s ranking member, announced that the committee on the failures Silicon Val...
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U.S. Sen. Marco Rubio (R-FL) is urging the U.S. Secretary of the Treasury Janet Yellen to consider the potential national security implications of selling assets from recently failed banks. Rubio ...
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U.S. Sen. Sherrod Brown (D-OH) is asking federal regulators to conduct a review of the circumstances surrounding the failures of Silicon Valley Bank and Signature Bank. Specifically, he is urging r...
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A bipartisan group of lawmakers is seeking the Financial Crimes Enforcement Network's (FinCEN) enhanced implementation of the Corporate Transparency Act to prevent incorporation laws abuse. U.S. Se...
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House Committee on Small Business Chairman Roger Williams (R-TX) has forwarded correspondence to the Small Business Administration (SBA) regarding its decision regarding Paycheck Protection Program (P...
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The U.S. Securities and Exchange Commission (SEC) recently detailed the proposed requirements to address cybersecurity risks to the U.S. securities markets. The proposal would require all Market En...
Read MoreThe U.S. Department of Justice recently reported that a Southfield, Michigan-headquartered bank holding company's plea agreement regarding the alleged filing of false securities statements. Through...
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U.S. Rep. Katie Porter (D-CA) and U.S. Sen. Elizabeth Warren (D-MA) are among a group of lawmakers sponsoring a bill that would repeal a provision in a 2018 bill that they say contributed to the colla...
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The Consumer Financial Protection Bureau (CFPB) is investigating the business practices of companies that track and collect information on people’s personal lives. The bureau issued a request fo...
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U.S. Rep. Dusty Johnson (R-SD) introduced a bill to alter work requirements for people receiving Supplemental Nutrition Assistance Program (SNAP) benefits. The America Works Act of 2023 would amen...
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