The Securities and Exchange Commission (SEC) levied charges against two companies for violations related to its crypto asset lending program. Specifically, the SEC charged Genesis Global Capital and ...
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U.S. Reps. Abigail Spanberger (D-VA) and Chip Roy (R-TX) have sponsored a bill that would effectively ban members of Congress from trading individual stocks while in Congress. Specifically, the Trans...
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House Republicans on the Financial Services Committee created a new subcommittee this week, the Subcommittee on Digital Assets, Financial Technology, and Inclusion. U.S. Rep. French Hill (R-AR), vic...
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A group of lawmakers recently introduced a bill that seeks to aid in addressing organized retail crimes. U.S> Reps. Young Kim (R-CA), Jimmy Panetta (D-CA), Maria Salazar (R-FL), and Andrew Garbarino ...
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The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) have released findings from a report examining 2022 third-quarter small business lending trends. Officials noted th...
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The Consumer Bankers Association (CBA) is encouraging the Consumer Financial Protection Bureau (CFPB) to work with the banks to protect consumers from more prevalent peer-to-peer (P2P) payment platfor...
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U.S. Reps. Darin LaHood (R-IL) and Suzan DelBene (D-WA) introduced a bill this week that would extend the Federal Insurance Contribution Act (FICA) tax tip credit to salon and beauty service establish...
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The Consumer Financial Protection Bureau (CFPB) has proposed a rule establishing a public registry of supervised nonbanks’ terms and conditions in non-negotiable form contracts. The proposed action...
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U.S. Rep. Ken Calvert (R-CA) introduced legislation designed to help small businesses comply with the Americans with Disabilities Act (ADA) while seeking to cut down on lawsuits. His bill, the ACCESS...
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U.S. Rep. Carol Miller (R-WV) introduced legislation that would repeal a tax stipulation that impacted gig economy workers. Her bill, the Saving Gig Economy Taxpayers Act (H.R. 190), proposes that i...
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