Independent Community Bankers of America officials said the organization is encouraging the Federal Housing Finance Agency (FHFA) and banking agencies to align capital rules or risk negatively impacti...
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Findings from a recently released Investment Company Institute (ICI) study maintain that mutual funds are essential to most domestic households building wealth. “Mutual funds are a key component ...
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A group of Democratic legislators recently requested answers from the Federal Reserve Board on its plan to continue to raise interest rates at a rapid pace, even if it increases unemployment. “Y...
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U.S. Sens. John Thune (R-SD) and Chuck Grassley (R-IA) plan to introduce legislation that would give Congress a direct say in how $80 billion of new funding for the Internal Revenue Service (IRS) coul...
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U.S. Bank released its annual CFO Survey this week, which finds that priorities have shifted for finance leaders in this challenging economic environment. Specifically, the survey found that impro...
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Federal officials recently awarded $5 billion in New Markets Tax Credits (NMTC) to 107 organizations across the country to receive NMTC allocation awards. The New Markets Tax Credit Program permits...
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The Internal Revenue Service (IRS) reported that the estimated gross tax gap increased to $496 billion, a rise of over $58 billion from the prior estimate, for the tax years 2014 through 2016. The...
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U.S. Reps. Young Kim (R-CA) and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to the Securities and Exchange Commission (SEC), noting the agency should consider how regulations may impac...
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New York and New Jersey cannabis licensees and applicants are advocating for the Senate to pass the Secure and Fair Enforcement (SAFE) Banking Act, maintaining the action would decrease minority busin...
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U.S. Reps. Jimmy Panetta (D-CA) and Darin LaHood (R-IL) introduced legislation last week that seeks to support workers in the tourism and hospitality industries, which lost more jobs in the pandemic t...
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