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Saturday, May 17th, 2025

Home » Reports » Page 26

Reports

CFPB releases report on medical debt collection and consumer protection issues

By Liz Carey   |   November 21, 2023   |   Federal

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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Lawmakers seek inquiry into Hamas’s crypto fundraising efforts

By Dave Kovaleski   |   November 17, 2023   |   Digital Currency

A bipartisan group of Congress members are asking Biden Administration officials to inquire into the size, scope, and duration of Hamas’s crypto fundraising efforts. “Open, transparent blockch...

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Report finds SBA scammed for billions in COVID dollars

By Liz Carey   |   November 17, 2023   |   Federal

A new report from U.S. Sen. Joni Ernst (R-IA), the ranking member of the Senate Small Business Committee, found that the Small Business Administration (SBA) was scammed out of hundreds of billions of ...

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Senate Finance Republicans seek answers from IRS on security concerns

By Dave Kovaleski   |   November 15, 2023   |   Federal

Republicans on the U.S. Senate Finance Committee are calling on the Internal Revenue Service (IRS) to explain steps it is taking to address potential security weaknesses at the agency. “Preventin...

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ICE Mortgage Monitor reports another challenging month for homebuyers

By Dave Kovaleski   |   November 8, 2023   |   Industry

The November 2023 ICE Mortgage Monitor Report, produced by the Intercontinental Exchange, found that October was another challenging month for homebuyers. The major factor is interest rates, as the...

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Working group issues progress report on steps to enhance Treasury market

By Dave Kovaleski   |   November 8, 2023   |   Featured

The federal Inter-Agency Working Group on Treasury Market Surveillance (IAWG) issued a progress report on the steps its members have made to enhance the resilience of the U.S. Treasury market. Amo...

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Slowing inflation and higher income growth increase consumer purchasing power, report shows

By Liz Carey   |   November 1, 2023   |   Federal

According to the Primerica Household Budget Index (HBI) the average purchasing power for middle-income households in September increased. The HBI was 99.3 percent, up from 97.4 percent in August; ...

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Property casualty insurers faced strong headwinds in first half of 2023

By Dave Kovaleski   |   November 1, 2023   |   Federal

The first half of the year saw the property casualty insurance industry deal with significant headwinds, according to a new report from the American Property Casualty Insurance Association (APCIA). ...

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Survey finds bank customers predominantly bank via mobile apps

By Liz Carey   |   October 31, 2023   |   Industry

According to a survey done by the American Bankers Association (ABA), U.S. customers use mobile banking apps more than any other method. The survey of more than 2,000 adults found that 48 percent ...

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CFPB report says consumers spent $130B on credit card interest, fees

By Dave Kovaleski   |   October 30, 2023   |   Featured

Consumers paid more than $105 billion in interest and more than $25 billion in fees on their credit cards in 2022, according to a report by the Consumer Financial Protection Bureau (CFPB) on the consu...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • OCC adopts new rules for bank mergers
  • Bankers fear imminent recession, survey says
  • Bipartisan bill would help GSE’s develop low-income housing
  • Trump signs into law resolution overturning overdraft cap rule
  • Legislation would help small businesses bring new technologies to market
  • Legislation reintroduced to revert 1099-K threshold level to $20,000 for gig workers
  • Commercial mortgage delinquency rates increase in first quarter
  • Treasury to fast track process to facilitate greater business investment
  • Reps. Nunn, Bynum introduce bill to simplify the IPO process for businesses
  • Lawmakers urge reconsideration of Capital One-Discover merger

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