On Wednesday, U.S. Sen. Martin Heinrich (D-NM), chair of the U.S. Congress Joint Economic Commission (JEC), and the JEC Democrats released a report calling for the full funding of the Southwest Border...
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The U.S. Senate Finance Committee approved a bill that seeks to expand access to healthcare and lower drug costs. The Better Mental Health Care, Lower Drug Cost, and Extenders Act would do four mai...
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The Securities Industry and Financial Markets Association (SIFMA) is among 17 trade associations that are requesting an extension of the 60-day comment period for the Department of Labor’s (DOL’s)...
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U.S. Sen. Shelley Moore Capito (R-WV) said Tuesday that support is growing for legislation she introduced with U.S. Sen. Kyrsten Sinema (I-AZ) to reinstate the Earnings Before Interest, Tax, Depreciat...
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The Consumer Financial Protection Bureau (CFPB) has proposed a rule that would enable it to supervise larger nonbank companies that offer services like digital wallets and payment apps. While digi...
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The U.S. Department of the Treasury and Internal Revenue Service (IRS) provided more details this week on the improvements taxpayers will experience in the upcoming tax filing season. For starters,...
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On Monday, U.S. Sens. Todd Young (R-IN), Mark Warner (D-VA), John Thune (R-SD) and Catherine Cortez Masto (D-NV) introduced two pieces of legislation designed to protect American’s privacy and remov...
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The Financial Stability Oversight Council (FSOC) approved a new analytic framework for financial stability risks and updated guidance on its nonbank financial company determinations process. The ...
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The U.S. Commodity Futures Trading Commission (CFTC) issued a proposed rule this week that governs investments by futures commission merchants (FCMs) and derivatives clearing organizations. The new...
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Two leading organizations representing credit unions are merging to form a new association called America’s Credit Unions. America’s Credit Unions, which will officially launch on Jan. 1, 2024,...
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