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 ...
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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...
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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,...
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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 (...
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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...
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On Friday, the U.S. Department of Treasury announced it would be accepting applications for the Investing in American Small Business Opportunity Program (SBOP). The program is part of the Treasury...
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The Independent Community Bankers of America (ICBA) released new poll results on how Americans feel about legislation to create credit card routing mandates. The survey stems from the Credit Card C...
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A group of Republican senators, led by U.S. Sen. Tim Scott (R-SC), have raised concerns to Biden administration officials about the latest Iran sanctions waiver. The sanctions waiver would grant Ir...
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A new report assessing the impact of removing noneconomic damage caps in Colorado was released this week by the Colorado Chamber of Commerce in partnership with the American Property Casualty Insuranc...
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On Wednesday, the Securities and Exchange Commission (SEC) announced it had charged investment advisor Senvest Management LLC for widespread and longstanding recordkeeping failures. The SEC also c...
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