The Merchants Payments Coalition (MPC) maintains increasing swipe fees banks and credit card networks charge merchants to process transactions could cost consumers nearly $800 million this Mother’s ...
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U.S. Sen. John Kennedy (R-LA) is espousing the benefits of legislation that would result in requiring a thorough cost-benefit analysis for all Consumer Financial Protection Bureau (CFPB) rules. The...
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A Marijuana Policy Project (MPP) report maintains at the end of 2022, states reported a total of over $15.1 billion in tax revenue from adult-use cannabis sales since 2014. “States that have made...
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Following the recent bank failures, the Federal Deposit Insurance Corporation (FDIC) released an overview of the deposit insurance system and options for reform. The report, called Options for Depo...
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In its recently released review of the supervision and regulation of Silicon Valley Bank, the Federal Reserve Board identified the key reasons why the bank failed this past March. The review, done...
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The Federal Deposit Insurance Corporation (FDIC) released the results of an internal review of New York-based Signature Bank, which failed in March. The review, conducted by chief risk officer Mars...
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Findings from a recently released Association of International Certified Professional Accountants (AICPA) and Certified Investment Management Analyst (CIMA) survey maintain half of the finance profess...
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Findings from an Investment Company Institute (ICI) and BrightScope study determined that many nonprofits sponsoring 403(b) plans seek to engage participants and promote retirement saving. Per offi...
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The U.S. Treasury Department issued the 2023 De-risking Strategy, which examines how financial institutions are de-risking and why. De-risking occurs when financial institutions terminate or restr...
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The U.S. Federal Reserve released the findings from its 2022 payments study, which shows how consumers and businesses chose to make noncash payments. This triennial study shows a substantial increa...
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