U.S. Sen. Sherrod Brown (D-OH), along with several other Senate Democrats, introduced a bill that would prohibit Federal Reserve officials from trading individual stocks. The Ban Conflicted Tradin...
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U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, has issued an updated version of the Billionaires Income Tax, which he said would ensure billionaires pay tax annually. “There a...
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Rep. Tom Emmer (R-MN) introduced legislation Monday to create a Consumer Financial Protection Bureau (CFPB) whistleblower protection program. “Instead of fear of retribution, retaliation, or fina...
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U.S. Sen. Rob Portman (R-OH) was among 13 Republicans on the Senate Finance Committee Republicans expressing concerns with the increase in improper Medicaid payments. The November 2020 Medicaid Pay...
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Federal Reserve Board announced plans to host a series of diversity and inclusion conferences in November focusing on various topics. The efforts would address underrepresented group experiences am...
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The U.S. House of Representatives passed the Financial Exploitation Prevention Act this week. The bill ((HR 2265), sponsored by U.S. Rep Ann Wagner (R-MO), would give the financial industry bette...
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The U.S. Department of Labor’s Employee Benefits Security Administration has issued a temporary enforcement policy on prohibited transaction rules applicable to investment advice fiduciaries. On ...
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The House Financial Services Committee announced this week that the House of Representatives advanced four bills introduced by committee members. U.S. Rep. Maxine Waters (D-CA), committee chairwoma...
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Leading Republicans on the Senate Finance Committee and House Ways and Means Committee have taken issue with the Biden Administration’s stance on tariffs and digital services taxes. Last week, th...
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A group of legislators recently introduced a measure that would prevent the Internal Revenue Service (IRS) from gaining access to Americans' financial transaction information. U.S. Sens. Tim Scott ...
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