U.S. Sens. Chuck Grassley (R-IA) and Maria Cantwell (D-WA) are sponsoring two bills that seek to hold pharmacy benefit managers (PBMs) accountable for opaque and often deceptive practices that contrib...
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The International Swaps and Derivatives Association (ISDA) published a new standard documentation for trading digital asset derivatives last week. The ISDA Digital Asset Derivatives Definitions are...
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The American Bankers Association’s latest Credit Conditions Index says that bank economists expect credit conditions to soften over the next six months. This comes as the economy is expected to s...
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During its first open meeting of 2023, the National Credit Union Administration (NCUA) Board extended the 18-percent federal credit union loan interest rate ceiling and approved the Annual Performance...
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U.S. Sens. Tim Scott (R-SC) and Ben Cardin (D-MD) recently introduced the Small Business Tax Fairness and Compliance Simplification Act (S. 45), which seeks to establish small business tax code parity...
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U.S. Securities and Exchange Commission (SEC) officials have detailed a proposed rule the agency indicated would address securitization market conflicts of interest. The proposal, originally introd...
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Among the many provisions signed into law as part of the recent federal government funding package was legislation from U.S. Sens. Susan Collins (R-ME) and Mark Warner (D-VA) that will increase access...
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U.S. Sens. Tim Kaine (D-VA) and Jeanne Shaheen (D-NH) have joined 14 colleagues in co-sponsoring legislation seeking to lower healthcare costs and expand health insurance access. The Improving Heal...
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U.S. Reps. Judy Chu (D-CA) and Andrew Garbarino (R-NY) recently commended the House of Representatives' passage of the Investing in Main Street Act of 2023 (H.R. 400), which aids Small Business Invest...
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For a biennial review of the consumer credit card industry, the Consumer Financial Protection Bureau (CFPB) this week requested information from the public on various aspects of its experience with cr...
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