Rep. Uifa’atali Amata (R-American Samoa) is touting the potential benefits of a budget reconciliation bill she said would provide American Samoa businesses with new tax credits. Amata indicated...
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The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury have suspended certain provisions that had been added to the Preferred Stock Purchase Agreements with Fannie Mae and F...
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A group of Republican members of the U.S. House of Representatives have expressed concerns to Congressional leaders and Biden Administration officials about a proposal on Internal Revenue Service (IRS...
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Securities and Exchange Commission (SEC) filed a complaint against a trio of media companies, alleging illegal unregistered offering of common stock. The SEC recently levied charges against New Yor...
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U.S. Rep. Kevin Brady (R-TX) and U.S. Sen. Mike Crapo (R-ID) recently introduced a bill that would address the tax gap and initiate reforms within the Internal Revenue Service. Their bill, the Tax...
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U.S. Sen. Ron Wyden (D-OR) introduced draft legislation to close loopholes that allow wealthy investors and large corporations to use pass-through entities, primarily partnerships, to avoid paying hig...
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U.S. Rep. Patrick McHenry (R-NC), the top Republican on the House Financial Services Committee, filed a discharge petition to force consideration of the Renter Protection Act, on the House floor. ...
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Insured Retirement Institute (IRI) officials said the organization supports proposed House Ways and Means Committee legislation that would result in small business workers gaining workplace retirement...
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The Conference of State Bank Supervisors (CSBS) is encouraging state adoption of the Uniform Money Transmission Modernization Act as part of an effort to modernize the state financial regulatory syste...
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The nationʻs banks had a strong quarter as they generated net income of $70.4 billion in second quarter, an increase of $51.9 billion, or 281 percent, from the second quarter of 2020, according to da...
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