U.S. Sen. Sherrod Brown (D-OH) has forwarded correspondence to stablecoin issuers and exchanges, seeking insight regarding efforts to protect consumers and investors. Brown sent letters to Circle, ...
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The Credit Union National Association (CUNA) is offering support to a measure the organization said would prevent direct Small Business Administration (SBA) 7(a) loan program lending. The CUNA note...
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Federal bank regulatory agencies – including the Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency – issued a joint statement on their wor...
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A group of Democratic senators sent an inquiry to student loan servicing company, Maximus, which has a federal contract with the U.S. Department of Education (ED). Maximus assumed the federal contr...
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The U.S. Treasury Department has reached an agreement with Turkey regarding transitioning from the existing Turkish Digital Services Tax to a new multilateral solution. The agreement was establishe...
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Mortgage Bankers Association (MBA) officials have detailed the membership of its 2022 Affordable Rental Housing Advisory Council, which provides input regarding affordable rental housing and homeowner...
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Two Republican congressmen are urging the Biden administration's Council on Environmental Quality not to reinstate certain proposed National Environmental Policy Act (NEPA) regulations. The propos...
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Last week, President Joe Biden nominated Jerome Powell for a second term as chair of the Board of Governors of the Federal Reserve System. The White House praised Powell for his leadership during t...
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Independent Community Bankers of America (ICBA) officials are touting the benefits of the recently launched BankTech Ventures Investment Fund, noting the endeavor would maximize efficiencies and expan...
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The U.S. Securities and Exchange Commission (SEC) recently announced that Haoxiang Zhu has been appointed as the agency's Division of Trading and Markets Director post. Additionally, David Saltiel ...
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