U.S. Reps. Patrick McHenry (R-NC) and Brittany Pettersen (D-CO) introduced legislation last week that is designed to deter hackers and establish guide rails for financial institutions to respond to ra...
Read More
The U.S. Department of the Treasury proposed rule that seeks to enhance the penalty and enforcement authorities of the Committee on Foreign Investment in the United States (CFIUS). Specifically, th...
Read More
The Federal Deposit Insurance Corporation (FDIC) issued a report this week that examines how it would manage the orderly resolution of a large, complex financial company. The report explains how th...
Read More
On Wednesday, U.S. Rep. Virginia Foxx (R-C) announced the House had passed her workforce development bill, putting more Americans on the path to successful careers. The A Stronger Workforce for Am...
Read More
U.S. Sen. John Hoeven (R-ND) introduced legislation this week that is designed to strengthen crop insurance and make higher levels of coverage more affordable for producers. The Federal Agricultur...
Read More
On Tuesday, U.S. Sen. Jeanne Shaheen (D-NH) said a new Small Business Majority report shows that a majority of small business owners support legislative action to address child care affordability and ...
Read More
The U.S. Department of the Treasury and Internal Revenue Service (IRS) have proposed regulations on the stock buyback or “repurchase” excise tax. This is a key provision included in the Inflati...
Read More
U.S. Sen. Tim Scott (R-SC) introduced a resolution that seeks to overturn the Consumer Financial Protection Bureau’s (CFPB) rule that puts a cap on credit card late penalties. The CFPB’s rule,...
Read More
U.S. Sens. Thom Tillis (R-NC) and Bill Hagerty (R-TN) released a discussion draft of a bill that would ensure that cryptocurrency financial institutions follow Bank Secrecy Act anti-money laundering (...
Read More
A new report from the Consumer Financial Protection Bureau (CFPB) found that as overall interest rates rose, more borrowers paid “discount points” upfront. The report stated that the percentage...
Read More