U.S. Sen. Rick Scott (R-FL) introduced a bill in the U.S. Senate last week that would prohibit money services businesses from engaging in any transaction that involves a central bank digital currency ...
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The U.S. Federal Housing Finance Agency (FHFA) published a final rule last week that modifies some provisions of the Enterprise Regulatory Capital Framework (ERCF) for Fannie Mae and Freddie Mac. â...
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On Tuesday, the U.S. Department of the Treasury announced it had approved awarded more than $50 million in technical assistance grants to 20 states under the State Small Business Credit Initiative (SS...
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U.S. Rep. French Hill (R-AR) reintroduced a bill that seeks to amend the Social Security Disability Insurance (SSDI) program. The Social Security Disability Insurance Return to Work Act (H.R. 6428...
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The Securities and Exchange Commission (SEC) levied charges against an unregistered cryptocurrency trading platform. The charges were filed against Payward Inc. and Payward Ventures Inc., together...
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U.S. Rep. Andy Barr (R-KY) announced last week that he had introduced legislation to increase tailoring for mid-sized banks. His legislation, the Financial Institution Regulatory Tailoring Enhance...
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On Thursday, in its annual report, the Consumer Financial Protection Bureau (CFPB) highlighted challenges American’s face when debt collector pursue allegedly unpaid medical bills. The report to...
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U.S. Reps. Mike Turner (R-OH) and Mikie Sherrill (D-NJ) introduced legislation in the House that seeks to restore the expired tax incentive that allows developers to fully deduct the costs of environm...
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The U.S. Treasury and the Internal Revenue Service (IRS) released guidance this week to provide additional clarity on the expanded investment tax credit (ITC). Specifically, the guidance seeks to p...
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The Securities and Exchange Commission (SEC) has adopted new rules that seek to improve the governance of clearing agencies. The new rules would, in effect, improve the governance of registered cle...
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