U.S. Sens. Tim Scott (R-SC) and Maggie Hassan (D-NH) introduced a bill designed to help community banks better meet the credit needs of their customers. Specifically, the Minority Deposit Instituti...
Read More
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) recently released findings from research examining central bank digital currency (CBDC). The Project Hamilton...
Read More
A bill that would reauthorize the Small Business Administration’s SCORE Program was passed by the House Small Business Committee last week. The SCORE for Small Business Act of 2022 (H.R. 6450) n...
Read More
A popular cannabis banking reform amendment offered by U.S. Rep. Ed Perlmutter (D-CO) that would provide protections to financial institutions serving legal cannabis-based businesses on Friday receive...
Read More
Republican members of the Senate Finance Committee are urging their senate colleague to reconsider efforts to implement a tax on financial statement income of U.S. companies. This minimum book inco...
Read More
The Connecticut Department of Consumer Protection announced Wednesday it has begun accepting applications for certain adult-use cannabis licenses. The applications for Lottery applications for adul...
Read More
U.S. Rep. Marilyn Strickland (D-WA) recently joined 10 colleagues in forwarding correspondence to Congressional leadership as a means of advocating Marijuana Opportunity Reinvestment and Expungement (...
Read More
U.S. Sen. John Kennedy (R-LA) is asking the Treasury Department to accelerate the process of returning some $26 billion in unredeemed savings bonds to Americans. Kennedy said the Treasury Departme...
Read More
The Securities and Exchange Commission (SEC) filed charges against a company and its owner for an alleged multimillion-dollar scheme to defraud investors into buying gold and silver coins. The char...
Read More
The leaders of the Senate Finance Committee, Chair Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID), are calling on the Biden administration to work with the European Union to revise certain aspe...
Read More