U.S. Rep. Bill Foster (D-IL) introduced legislation last week in the U.S. House of Representatives that would allow students to take over the student debt that was incurred on their behalf. Foster...
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The Consumer Financial Protection Bureau (CFPB) has issued a Request for Information in conjunction with an inquiry into practices and financial products that may leave employees indebted to employers...
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The U.S. House of Representatives passed a bill to extend a provision within the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that establishes streamlined bankruptcy procedures for s...
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The House of Representatives has advanced two bills that seek to extend efforts to address Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) program fraud. House S...
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The Federal Housing Finance Agency (FHFA) recently released the 2022-2024 Fannie Mae and Freddie Mac Equitable Housing Finance Plans, which detail efforts targeting sustainable housing access. The ...
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The Independent Community Bankers of America (ICBA), along with a coalition of 44 state community banking associations, is urging Congress to include legislation in the America COMPETES Act that allow...
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The New York State Department of Financial Services (DFS) put out regulatory guidance to establish the criteria for stablecoins issued under DFS oversight. “Since DFS approved the first USD-backe...
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The U.S. Government Accountability Office (GAO) has added the unemployment insurance (UI) system to the list of federal areas that are considered “high risk” for waste, fraud, abuse, and mismanage...
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U.S. Sens. Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced legislation that would create a regulatory framework for digital assets that encourages responsible financial innovation, flex...
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The City of Albany is seeking Local Cannabis Advisory Committee applicants, noting those selected would aid in developing municipal-level cannabis regulations. Regulatory considerations, per author...
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