Several Democratic senators offered feedback to a proposal by U.S. Senate Finance Committee Chairman Ron Wyden (D-OR) and U.S. Sens. Sherrod Brown (D-OH) and Mark Warner (D-VA) to overhaul the U.S. sy...
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Consumer Financial Protection Bureau (CFPB) officials said the agency is proposing a new rule designed to aid small businesses in gaining credit access. “Small businesses are the primary job crea...
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Republican leaders in Congress are warning the Biden Administration not to use the negotiations at the Organization for Economic Co-operation and Development (OECD) to compel Congress to make U.S. tax...
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The Securities and Exchange Commission (SEC) has filed an action against an online crypto lending platform, its founder, its chief domestic promoter and his affiliated company. Per the SEC, the act...
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Department of the Treasury officials said the agency's Community Development Financial Institutions Fund (CDFI Fund) has earmarked $5 billion in New Markets Tax Credits (NMTC) to spur economic growth....
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Federal agencies released the annual Social Security and Medicare Trustees Reports this week, revealing that Social Security will have to cut benefits by 2034 – one year earlier than previously proj...
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U.S. Sen. Mike Crapo (R-ID), Ranking Member of the Senate Finance Committee, and U.S. Reps. Kevin Brady (R-TX), Ranking Member of the House Committee on Ways and Means, and Jackie Walorski (R-IN), Ran...
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The Department of the Treasury, via the Federal Insurance Office (FIO), is requesting information and soliciting public input regarding insurance sector and climate-related financial risks. The ef...
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The Office of the Controller of the Currency (OCC) has taken enforcement action against an Atlanta, Georgia-based financial institution regarding Fair Housing Act violations. The OCC alleges that C...
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In a letter sent Monday, U.S. Sens. Rob Portman (R-OH) and Marco Rubio (R-FL) asked Treasury Secretary Janet Yellen to “use all means necessary” to delay the release of internationally-held reserv...
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