The U.S. Senate passed a resolution that seeks to block the Consumer Financial Protection Bureau’s (CFPB) small business data collection rule. The rule requires covered financial institutions to...
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The Securities and Exchange Commission (SEC) proposed a new rule this week that would prohibit national securities exchanges from offering volume-based transaction pricing in certain cases. The pro...
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On Wednesday, U.S. Sens. Sherrod Brown (D-OH) and Elizabeth Warren (D-MA) joined a bipartisan group of more than 100 colleagues in questioning reports that groups used crypto-currencies to fund attack...
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The Internal Revenue Service (IRS) released new details about its Direct File pilot program for the 2024 filing season. The 2024 Direct File pilot, a new service that will provide taxpayers with th...
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A group of Republicans on the House Financial Services Committee are seeking details from the Federal Reserve on an Aug. 30 leak of nonpublic confidential supervisory information (CSI) involving multi...
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On Monday, U.S. Sen. Tim Scott (R-SC) led a coalition of Banking Committee Republican who called on the Federal Housing Finance Agency (FHFA) to implement reforms in credit scoring models. Scott, ...
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The Securities and Exchange Commission’s Division of Examinations released its 2024 examination priorities this week. The release seeks to inform investors and registrants of the key risks, exami...
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The Securities and Exchange Commission (SEC) adopted a new rule that will require certain persons to report information about securities loans to a registered national securities association (RNSA). ...
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On Friday, U.S. Reps. Andrew Garbarino (R-NY) and Vincente Gonzales (D-TX) asked the Federal Emergency Management Agency (FEMA) to address monthly payment plans for National Flood Insurance Program (N...
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U.S. Rep. Bill Huizenga (R-MI) introduced a bill in the House last week that would effectively cut off the Iranian Government from the U.S. financial system. Specifically, Huizenga’s No U.S. Fin...
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