U.S. Sen. John Kennedy (R-LA) is touting the potential benefits of a measure he introduced that focuses on aiding small business owners in gaining access to merger and acquisition (M&A) brokers. Ke...
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A new report from the Joint Economic Committee details how the monthly Child Tax Credit (CTC) payments have reduced childhood poverty and improved family finances in its first six months. The CTC p...
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Two U.S. senators have forwarded correspondence to a trio of government agencies, advocating for more resources for minority-owned financial institutions. Sens. Sherrod Brown (D-OH), chairman of th...
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The Financial Industry Regulatory Authority (FINRA) reached settlements with six member investment firms to pay restitution to customers over unit investment trust (UIT) early rollovers. All of th...
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The U.S. Government Accountability Office (GAO) released a report outlining the need for better information sharing and collaboration to combat trade-based money laundering (TBML). TBML is the syst...
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A pair of lawmakers have introduced a measure they said creates a new grant program for nonprofits, business districts and Main Street organizations via the Economic Development Administration (EDA). ...
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A group of Republican senators are urging the U.S. Department of Labor (DOL) to withdraw a recent proposal that allows asset managers to promote environmental, social, and governance (ESG) objectives ...
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U.S. Sens. Jim Risch (R-ID) and John Hickenlooper (D-CO) introduced legislation to improve the disaster loan application process and combat fraud. The Streamlining EIDL Act to improve the Economic ...
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The U.S. House of Representatives House passed the Adjustable Interest Rate (LIBOR) Act – a bill that protects an estimated $16 trillion in assets when the London Interbank Offered Rate (LIBOR) is d...
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The Financial Crimes Enforcement Network (FinCEN) has issued a Notice of Proposed Rulemaking (NPRM) regarding beneficial ownership information reporting provisions via the Corporate Transparency Act (...
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