U.S. Rep. Ayanna Pressley (D-MA) and U.S. Sen. Elizabeth Warren (D-MA) recently forwarded correspondence to the nine federal student loan servicers, ensuring that borrowers receive accurate and timely...
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Senate Finance Committee Republicans Ranking Member Mike Crapo (R-ID) has introduced legislation that outlines Internal Revenue Service (IRS) audit prohibitions regarding those earning less than $400,...
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A group of U.S. senators is seeking information from Meta CEO Mark Zuckerberg about the company’s efforts to combat cryptocurrency scams on its platforms and hold bad actors accountable. The sena...
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U.S. Sen. Bob Menendez (D-NJ) is advocating the Senate passage of the SAFE Banking Act while also encouraging efforts to strengthen the National Flood Insurance Program (NFIP). Menendez authored th...
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The Government Accountability Office (GAO) has issued recommendations to the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) regarding bank regulat...
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The Securities and Exchange Commission (SEC) is adding two new offices, including one specifically dealing with cryptocurrency filings. Specifically, the SEC will ramp up the Office of Crypto Asset...
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U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) introduced legislation on Sept. 8 that seeks to expand access to employer-sponsored retirement plans. The Enhancing American Retirement Now (EARN) ...
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Consumer Financial Protection Bureau (CFPB) and Centers for Medicare & Medicaid Services (CMS) officials have detailed efforts to address illegal nursing home debt collection practices. The agencie...
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U.S. Sen. Pat Toomey (R-PA), the ranking member of the U.S. Senate Banking Committee, reached out to federal banking regulators with concerns related to community benefits plans (CBPs) developed by ba...
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Global intelligence firm Curinos released a study this week that examined the impact of bank-led innovations on the rapidly evolving overdraft marketplace. The study highlighted the growing number...
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