The first round of tax reform hearings in Congress is in the books, with another hearing set for today in the Senate Small Business and Entrepreneurship Committee. As they move forward, it’s critical that lawmakers continue to keep in mind that any proposals must encourage entrepreneurship, long-term growth, investment and job creation across the entire economy.
The first round of tax reform hearings in Congress is in the books, with another hearing set for today in the Senate Small Business and Entrepreneurship Committee. As they move forward, it’s critical that lawmakers continue to keep in mind that any proposals must encourage entrepreneurship, long-term growth, investment and job creation across the entire economy.
Conservative groups and the retail industry aren't supporting the most recent proposal to make a proposed border adjustable tax on import income more workable by phasing it in over a five-year period.
Conservative groups and the retail industry aren't supporting the most recent proposal to make a proposed border adjustable tax on import income more workable by phasing it in over a five-year period.
Despite a growing economy, millions of American continue to experience ongoing anxiety about their current and future economic well-being. Yet a new study indicates there is one group of workers who are feeling more financially secure and optimistic about their future than average workers: employees who work in private, employee-owned businesses.
Despite a growing economy, millions of American continue to experience ongoing anxiety about their current and future economic well-being. Yet a new study indicates there is one group of workers who are feeling more financially secure and optimistic about their future than average workers: employees who work in private, employee-owned businesses.
As a retailer and a consumer, I commend Congress for agreeing to preserve competition in the business of processing debit-card purchases. House leaders recently dropped part of a bill that would have repealed debit swipe fee reform and cost consumers and small business billions of dollars.
As a retailer and a consumer, I commend Congress for agreeing to preserve competition in the business of processing debit-card purchases. House leaders recently dropped part of a bill that would have repealed debit swipe fee reform and cost consumers and small business billions of dollars.
In a disappointing turn of events, Congress has decided to strip out crucial language from the Financial CHOICE Act that would have righted a serious wrong done to consumers over the last seven years.
In a disappointing turn of events, Congress has decided to strip out crucial language from the Financial CHOICE Act that would have righted a serious wrong done to consumers over the last seven years.
Democrats on the Senate Banking Committee Tuesday grilled President Donald Trump's nominee for deputy secretary of housing and urban development over the administration's proposed steep cuts to HUD programs.
Democrats on the Senate Banking Committee Tuesday grilled President Donald Trump's nominee for deputy secretary of housing and urban development over the administration's proposed steep cuts to HUD programs.
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Briefings

Finance Brief: Week in Review & What’s Ahead

The Treasury Department recommended a significant curbing of authority at the Consumer Financial Protection Bureau, along with allowing the agency’s director to be fired at will, in a report required by an executive order President Donald Trump signed in February. While the report does not call for a full repeal of Volcker Rule limits on proprietary trading, it recommended exempting small institutions from the Dodd-Frank regulation.

Finance Brief: CFPB Proposes Changes to Prepaid Card Rule

The Consumer Financial Protection Bureau announced plans to make changes to its prepaid card rule, with public comments on the proposals due within 45 days. The CFPB’s proposals would adjust the rule to require consumers register any prepaid cards before filing a complaint, and would allow providers to send disclosure forms to consumers digitally in some cases.

Finance Brief: Warren Says Democrats Open to Loosening Regulations for Community Banks, Credit Unions

Sen. Elizabeth Warren (D-Mass.) said Senate Democrats are open to working with Republicans on “targeted” measures that would ease regulations affecting community banks and credit unions. Warren, who has shown little willingness to work with the GOP on loosening financial regulations, said she remains opposed to proposals that would limit consumer protections or weaken regulations for big banks.

Finance Brief: Treasury Department Recommends Changes to CFPB, Volcker Rule

The Treasury Department recommended a significant curbing of authority at the Consumer Financial Protection Bureau, along with allowing the agency’s director to be fired at will, in a report required by an executive order President Donald Trump signed in February. The report does not call for a complete repeal of Volcker Rule limits on proprietary trading but instead proposes exempting small institutions from the Dodd-Frank regulation.

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