The Conference of State Bank Supervisors (CSBS) expressed its concerns about legislation in Congress related to stablecoins. In a letter to the leaders of the House Financial Services Committee, CS...
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Bipartisan legislation recently introduced in the U.S. Senate would provide states with tuition assistance funding to support apprenticeship and pre-apprenticeship programs. The American Apprentice...
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A bill introduced by U.S. Rep. Randy Feenstra (R-IA) to help improve the tax filing process passed in the U.S. House of Representatives. Feenstra’s bill -- the Internal Revenue Service Math and ...
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The Public Company Accounting Oversight Board said in its latest report that it expects deficiency rates across firms to drop 7 percentage points. Following focused efforts by the board to drive i...
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Republicans that serve on the House Financial Services Committee commended the Securities and Exchange Commission (SEC) for its recent decision to rescind Staff Legal Bulletin (SLB) No. 14L. Staff...
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The Consumer Financial Protection Bureau recently announced that it will not prioritize enforcement or supervision actions regarding penalties or fines associated with the payment withdrawal provision...
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The federal bank regulatory agencies announced their intent to rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and reinstate the CRA framework that existed prior to the ...
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The Managed Funds Association (MFA) said its recommendations will strengthen the U.S. capital market by expanding investor access, promoting capital formation and boosting U.S. economic growth. In...
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U.S. Sens. Elizabeth Warren (D-MA) and Mark Warner (D-VA) are asking the Government Accountability Office to investigate recent activities by Elon Musk’s Department of Government Efficiency at the S...
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The U.S. Senate passed a resolution last week to overturn the Consumer Financial Protection Bureau’s (CFPB) rule that would cap overdraft fees at $5 for large banks and credit unions. The overdr...
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