U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, introduced a bill that looks to foster innovation within the financial services sector. The Financial Services Inn...
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The Public Company Accounting Oversight Board (PCAOB) is seeking public comment on a proposal about how a firm presents its PCAOB registration status. Specifically, PCAOB Rule 2400 would, If adop...
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On Tuesday, the Securities and Exchange Commission announced it had charge Paul A. Pereira, former CEO and co-founder of Alfi, Inc., with fraud stemming from false claims on social media. Accordin...
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U.S. Sens. Sherrod Brown (D-OH) and Rick Scott (R-FL) are urging the Biden administration to close a loophole that would keep foreign competitors from paying duties and fees. This loophole, known a...
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A group of Senate Republicans introduced legislation this week that seeks to halt any efforts by the federal government to create a central bank digital currency (CBDC). The CBDC Anti-Surveillance ...
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U.S. Sen. Shelley Moore Capito (R-WV) is urging the U.S. Treasury Department to reconsider guidance on the 45V tax credits for hydrogen. In a letter to Treasury Secretary Janet Yellen, Capito, the...
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The Consumer Financial Protection Bureau (CFPB) is establishing supervisory authority over installment lender World Acceptance Corp. CFPB is charged with supervising a wide range of financial firms...
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After repeated calls from U.S. Sen. Sherrod Brown (D-OH), the Department of State recently issued new guidance to U.S. businesses warning that continuing to work with Russia could imperil them legally...
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A bill has been introduced in the U.S. Senate that would require any entity advertising a hotel room or short-term rental to clearly show the final price a customer will pay to book lodging up front. ...
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The American Bankers Association’s latest Credit Conditions Index revealed cautious optimism about credit conditions in 2024. The index improved to its highest level in six quarters as ABA’s E...
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