U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, released the findings of a year-long investigation into what he called the largest alleged individual tax evasion scheme in U.S. hist...
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The Federal Housing Finance Agency (FHFA) recently announced plans to establish a Federal Advisory Committee with a focus on affordable, equitable, and sustainable housing. “The formation of an a...
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The Department of Defense (DoD) recently issued a report detailing how financial institutions are serving military installations and examines the DoD’s policies to ensure access to financial service...
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The California Department of Tax and Fee Administration (CDTFA) has issued its cannabis revenue report for the second quarter of 2022. As of Aug. 16, 2022, total cannabis tax revenue from second-qu...
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A group of insurance industry associations and experts released a white paper this week that examines how the tragedies from Hurricane Andrew in 1992 ultimately paved the way for community safety inno...
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A group of banking industry organizations is challenging the legal basis for the Consumer Financial Protection Bureau’s (CFPB) inquiry into banks' customer service practices. Further, the groups...
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A new report issued by the U.S. Congress Joint Economic Committee (JEC) found that roughly 20 percent of U.S. adults are either unbanked or underbanked, meaning they lack access to a bank account or r...
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According to the latest National Association of Federally-Insured Credit Unions (NAFCU) Macro Data Flash report, existing home sales fell in July, representing the sixth consecutive month reflecting a...
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The Independent Community Bankers of America (ICBA) recently forwarded correspondence to the Federal Deposit Insurance Corporation (FDIC), encouraging the agency to reject the application of Ford Cred...
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The U.S. Department of Treasury approved up to $750 million in funds for four state plans through the State Small Business Credit Initiative (SSBCI). The funding is part of a $10 billion initiative...
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