2/19/2020
Congress should focus its attention in 2020 on the tax treatment of large, bank-like credit unions and reconsider the merit of the tax exemption these entities enjoy, according to a new issue brief published by the National Taxpayers Union yesterday.
2/18/2020
The FDIC “does not currently have a consistent process in place” for conducting cost-benefit analyses to determine the effects of regulations, nor does it have established criteria for which rules are “significant” enough to warrant such an analysis.
2/14/2020
The Federal Financial Institutions Examination Council’s 2020 Guide to HMDA Reporting is now available for download.
2/12/2020
Federal Reserve Chairman Jerome Powell told House lawmakers yesterday that the U.S. financial system is “strong, and has been materially strengthened since the financial crisis.”