The U.S. Department of the Treasury took action this week seeking to disrupt criminal networks and virtual currency exchanges responsible for ransomware attacks. The Treasury’s actions are part o...
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Senate Finance Committee Ranking Member Ron Wyden (D-OR) said the recent allocation of state Medicaid program planning grants would aid those suffering from mental health and substance use crises. ...
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CME Group, which runs several leading derivatives exchanges, announced the launch of the derivatives industry's first-ever Sustainable Clearing service on Sept. 27. This new service will help marke...
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Federal financial regulators opened registration for the 2021 Compliance Outreach Program for Municipal Advisors this week. This virtual program will be held Thursday, Oct. 7 from 10 a.m. to 5 p.m...
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More than 40 leading financial and banking industry groups are urging Congress not to move forward with a proposal that would establish an expanded new tax information reporting regime. The proposa...
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U.S. Sen. Elizabeth Warren (D-MA) is calling on the 12 regional presidents of the Federal Reserve to adopt stricter ethics rules that prohibit individual stock trading by them and their staff. Thi...
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The Federal Deposit Insurance Corp. (FDIC) is launching a new capital investment vehicle, the Mission-Driven Bank Fund, to support insured Minority Depository Institutions (MDIs) and Community Develop...
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A pair of lawmakers are slated to reintroduce a measure they said seeks to create a voluntary option with regard to paid parental leave. Sens. Marco Rubio (R-FL) and Mitt Romney (R-UT) maintain the...
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The Independent Community Bankers of America (ICBA) has voiced its opposition to proposed changes to the Small Business Administration’s 7(a) loan program. On Sept. 9, the U.S. House Small Busine...
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According to the Tax Foundation, the proposed corporate tax increase included in the Build Back Better Act, which was advanced by the U.S. House Ways and Means Committee this week, is higher than it m...
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