U.S. Sen. Tim Scott (R-SC), chairman of the Senate Committee on Banking, Housing, and Urban Affairs, laid out his legislative and oversight priorities for the 119th Congress. As the first Black ch...
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The U.S. House Financial Services Committee will create a new Monetary Policy, Treasury Market Resilience and Economic Prosperity Task Force, U.S. Rep. French Hill (R-AR), committee chair, said on Jan...
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The U.S. District Court for the Southern District of New York recently filed a consent order against New York-based trust company Gemini Trust Co. LLC, ordering the company to pay a $5 million civil m...
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U.S. Rep. Blake Moore (R-UT) introduced legislation that would update and increase the Child Tax Credit (CTC) and provide a new tax credit for pregnant mothers. Specifically, the Family First Act w...
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The Consumer Financial Protection Bureau (CFPB) recently filed a lawsuit alleging Capital One, N.A., and Capital One Financial Corp., its parent holding company, cheated consumers out of more than $2 ...
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The Federal Reserve Bank of New York released the results of its Survey of Consumer Expectations for December. Prepared by the NY Fed’s Center for Microeconomic Data, the survey shows that infla...
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In an effort to continue efforts to track down those who defrauded the government of COVID relief funds, a coalition of lawmakers has introduced legislation to extend the authority of the Special Insp...
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The U.S. Commerce Department’s Economic Development Administration (EDA) awarded $25 million to eight grantees as part of the Good Jobs Challenge. Initially funded by the American Rescue Plan, th...
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A newly introduced bipartisan bill in Congress targets credit repair organizations (CROs) that exploit consumers by charging high fees without delivering on promises to improve credit scores. By st...
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U.S. Reps. Jason Smith (R-MO) and Ron Estes (R-KS) are seeking information from the Social Security Administration commissioner on how beneficiaries will receive their benefits from two repealed progr...
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