The Managed Funds Association (MFA) recommended four policies for the new acting chairman of the Securities and Exchange Commission (SEC). In a letter to acting SEC Chair Mark Uyeda, MFA suggested ...
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President Donald Trump named Travis Hill as the acting chairman of the Federal Deposit Insurance Corporation (FDIC). Hill previously worked at the FDIC from 2018 to 2022, as deputy to the chairman ...
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In the shadow of the fires devastating southern California, the American Property Casualty Insurance Association (APCIA) and other insurance trade organizations are asking Congress to act on wildfire ...
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President Donald Trump designated Mark T. Uyeda as acting Securities and Exchange Commission (SEC) chairman on Tuesday. Uyeda served during Trump’s first term in the U.S. Department of the Treasu...
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Legislation recently introduced in the U.S. Senate would add a new subsection to Section 6020 of the Internal Revenue Code to prohibiting the Internal Revenue Service from preparing tax returns in una...
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In light of disasters across the country over the past year, U.S. Reps. Laurel Lee (R-FL) and Jared Moskowitz (F-FL) introduced legislation on Jan. 16 that would allow individuals to create tax-free s...
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The National Credit Union Administration (NCUA) released an analysis of statistics for overdraft and non-sufficient funds (NSF) fees. The research note highlighted two main statistical observations...
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U.S. Sen. Cindy Hyde-Smith (R-MS) and U.S. Rep. Andy Barr (R-KY) introduced a bill that seeks to increase the approval for new banks, particularly in rural and underserved areas. The Promoting New ...
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A five-month, U.S. Department of the Treasury pilot program with the Social Security Administration’s Full Death Master File prevented or recovered more than $31 million in fraud and improper paymen...
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The Conference of State bank Supervisors (CSBS) announced that 48 state financial regulators took enforcement action against Block, Inc., for BSA/AML violations. CSBS said that Block violated the B...
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