The Independent Community Bankers of America (ICBA) expressed support for a proposed rule by the Federal Deposit Insurance Corporation (FDIC) that would enhance oversight of industrial loan companies,...
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In a landmark agreement, Citadel Federal Credit Union will pay the federal government over $6.5 million to resolve allegations that it engaged in lending discrimination by redlining predominantly blac...
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U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI) are calling on the Public Company Accounting Oversight Board (PCAOB) to set stricter rules for accounting firms with “unacceptable”...
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Toronto-Dominion (TD) Bank was fined $123.5 million by the Federal Reserve Board for violations related to anti-money laundering laws. According to the Fed, TD Bank failed to conduct adequate risk ...
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The Justice Department, the Federal Trade Commission, and the Consumer Financial Protection Bureau are warning Americans about scams and fraud aimed at those recovering from hurricanes and other natur...
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Americans who have self-directed IRA accounts would be able to use their retirement savings to purchase a primary residence for themselves or an immediate family member under a new bill recently intro...
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U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, is urging the U.S. Department of Justice (DOJ) to investigate four major youth residential treatment facilities (RTFs) for Medicaid f...
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U.S. Rep. David Valadao (R-CA) is seeking information from the Internal Revenue Service (IRS) on delays in processing Employee Retention Tax Credit (ERTC) claims. The ERTC program was created durin...
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U.S. Sens. Mark Warner (D-VA) and Dr. Bill Cassidy (R-LA) introduced legislation designed to improve customer service at the Internal Revenue Service (IRS). The Improving IRS Customer Service Act ...
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On Tuesday, the U.S. Department of the Treasury announced it had awarded more than a dozen small business initiative programs a total of $75 million in grants. Part of the State Small Business Cre...
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