U.S. Sens. Sherrod Brown (D-OH), Bob Casey (D-PA), and Chris Van Hollen (D-MD) introduced a bill in the Senate that would require companies that own an industrial loan company (ILC) to be subject to t...
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The Congress Joint Economic Committee (JEC) recently released a report touting the benefits of automatic child trust accounts or Baby Bonds, noting the resource offers economic opportunities and socia...
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The Consumer Financial Protection Bureau (CFPB) has determined active duty Reserve and National Guard members are not always receiving interest rate reductions through the Servicemembers Civil Relief ...
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U.S. Reps. Mike Turner (R-OH) and Jared Golden (D-ME) are advocating for the inclusion of a long-term reauthorization or permanent extension of the Health Coverage Tax Credit (HCTC), which is set to e...
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A bill was introduced in the House that seeks to ensure that funding directed for the implementation of broadband from the Infrastructure Investment and Jobs Act (IIJA) and the American Rescue Plan (A...
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U.S. Sens. Alex Padilla (D-CA) and Kevin Cramer (R-ND) introduced legislation that would allow credit unions to purchase central liquidity facility (CLF) capital stock for a specific subset of members...
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U.S. Reps. Bill Huizenga (R-MI) and Andy Barr (R-KY) introduced a bill that would require the Securities and Exchange Commission (SEC) to alter how it issues disclosures. Specifically, the Mandator...
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The Federal Reserve Board is inviting public comment on a proposed framework for managing climate-related financial risks for large banking organizations. The proposed principles, which apply to on...
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President Joe Biden recently signed into law the Medical Marijuana and Cannabidiol Research Expansion Act (H.R. 8454), which expands research into marijuana-derived medications. H.R. 8454, authored...
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The House of Representatives Select Subcommittee on the Coronavirus Crisis has released a report critical of some financial technology companies (fintechs) in administering the Paycheck Protection Pro...
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