The Securities and Exchange Commission (SEC) charged FTX Trading co-founder and CEO Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors. Since at least May 2019, FTX, base...
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Two Republican senators are urging the comptroller general of the Government Accountability Office (GAO) to audit health care providers under the Federal Employees Health Benefits (FEHB) Program. ...
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NAFCU President and CEO Dan Berger recently expressed the organization's support for lawmakers passing the Secure and Fair Enforcement (SAFE) Banking Act via a CUInsight editorial. The legislation ...
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U.S. Sens. Ben Cardin (D-MD), Sherrod Brown (D-OH), and Patty Murray (D-WA) recently introduced the Restaurant Revitalization Tax Credit Act, which seeks to create a special tax credit available to re...
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U.S. Sens. Elizabeth Warren (D-MA) and Pat Toomey (R-PA) introduced legislation that would strengthen Federal Reserve accountability and ensure that no financial regulator can withhold ethics-related ...
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U.S. Sen. Ron Wyden (D-OR), chairman of the Senate Finance Committee, is seeking information from Amgen on what he deemed “efforts to avoid billions in taxes through profit-shifting to subsidiaries ...
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The U.S. House of Representatives recently passed four bills that seek to improve various Small Business Administration (SBA) programs. “Small businesses are the beating heart of the American ec...
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The U.S. Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective for Fall 2022, highlighting some key issues facing the federal banking system. While economic growt...
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House Committee on Financial Services personnel recently applauded the inclusion of a series of panel priorities in the Fiscal Year 2023 National Defense Authorization Act (NDAA). U.S. Rep. Maxine ...
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U.S. Sens. Elizabeth Warren (D-MA), Roger Marshall (R-KS), and John Kennedy (R-LA) are seeking answers from Silvergate Bank, the bank that reportedly facilitated the transfer of FTX customer funds to ...
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