U.S. Rep. Jason Smith (R-MO), chair of the House Ways and Means Committee, and Rep. Mike Kelly (R-PA), chair of the House Tax Subcommittee have led the formation of 10 Committee Tax Teams, comprised o...
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The Securities and Exchange Commission (SEC) published a new report this week of Registered Fund Statistics. The report, which will be updated on a quarterly basis, is designed to provide the publi...
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The U.S. Department of Labor (DOL) has finalized its Retirement Security Rule, which updates the definition of an investment advice fiduciary. The final rule requires trusted investment advice provid...
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U.S. Reps. David Valadao (R-CA) and Wiley Nickel (D-NC) introduced legislation on Tuesday that would promote financial literacy education in high schools. The bill, the Promoting Financial Literacy i...
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The G7 Cyber Expert Group said Tuesday it had completed a cross-border coordination exercise that would ensure its effectiveness in a widespread financial sector cyber incident. Authorities with the ...
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A bipartisan group of U.S. House lawmakers introduced a bill on April 17 that seeks to prevent U.S. trade policy from favoring certain foreign e-commerce distribution operations. Current U.S. law all...
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On Thursday, U.S. Reps. French Hill (R-AR) and David Scott (D-GA) introduced legislation to provide greater transparency in bank exams. The legislation, the Fair Audits and Inspections for Regula...
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U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) are urging the nation’s four largest banks to protect consumers from wire fraud. In a letter to the CEOs of JPMorgan Chase, Bank of America, ...
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U.S. Sen. Tim Scott (R-SC) introduced a resolution to overturn the Securities and Exchange Commission’s (SEC) climate disclosure rule. The resolution calls for the disapproval of the SEC rule, ca...
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On Thursday, U.S. Rep. Blaine Luetkemeyer introduced legislation that would force federal agencies to identify the number of small businesses that would be affected by new regulations. The Regulat...
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