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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The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that facilitates the transition away from the LIBOR interest rate index for consumer financial products. The new rule est...
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U.S. Reps. Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, and Joyce Beatty (D-OH), chair of the Subcommittee on Diversity and Inclusion, released a report on diversity and...
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U.S. Reps. Scott Franklin (R-FL) and James Comer (R-KY) are looking for an update from the Justice Department on its efforts to pursue COVID-19 relief stolen by transnational and state-sponsored organ...
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The Office of the Comptroller of the Currency (OCC) has released findings from a report examining the COVID-19 pandemic's impact on the federal banking industry. The OCC's Semiannual Risk Perspecti...
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U.S. Sen. Elizabeth Warren (D-MA) joined U.S. Reps. Joaquin Castro (D-TX), David Cicilline (D-RI), Pramila Jayapal (D-WA), and 29 colleagues in sending the letter to U.S. Attorney General Merrick B. G...
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The Securities and Exchange Commission (SEC) named Ernesto Lanza as its acting director of the Office of Municipal Securities (OMS). Lanza replaces Rebecca Olsen, who was named deputy chief for th...
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