U.S. Sens. John Thune (R-SD) and Chuck Grassley (R-Iowa) have joined 13 colleagues in introducing the IRS Funding Accountability Act, which would provide Congress input regarding Internal Revenue Serv...
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The Consumer Financial Protection Bureau (CFPB) has released a new report the agency indicated targets legal violations identified during supervisory examinations in the first half of this year. Of...
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Last week, legislation was introduced in Congress to protect consumers from deceptive and predatory payday lending practices. The Stopping Abuse and Fraud in Electronic (SAFE) Lending Act was intr...
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U.S. Sens. Elizabeth Warren (D-MA) and Dick Durbin (D-IL) are seeking answers from the leaders of FTX Trading Co. on the status of customers' funds after the crypto trading exchange went bankrupt. ...
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A group of lawmakers recently touted Senate advancement of the Medical Marijuana and Cannabidiol Research Expansion Act, which now proceeds to President Joe Biden's desk to be signed into law. The ...
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Federal policymakers need to regulate the evolving market for digital asset products and services to build investor confidence, according to a new white paper by Dr. Peter Ryan, managing director and ...
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U.S. Reps. Barbara Lee (D-CA) and Earl Blumenauer (D-OR) recently forwarded correspondence to the Financial Crimes Enforcement Network (FinCEN) seeking data regarding financial services offered to min...
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U.S. Reps. Blaine Luetkemeyer (R-MO) and Ted Budd (R-NC) introduced legislation that seeks to bring more accountability to the Financial Accounting Standards Board (FASB). The Responsible Accounting ...
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A recent report from the U.S. Department of the Treasury is calling for enhanced oversight of the consumer financial activities of non-bank firms, particularly fintech entities. The Treasury Depart...
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A group of banking industry associations responded to a request for information (RFI) by the Cybersecurity and Infrastructure Security Agency (CISA) on new cyber incident reporting requirements. Th...
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