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FinCEN: $27B in elder financial exploitation reported by financial institutions

Financial institutions reported $27 billion in suspicious activities linked to elder financial exploitation from 2022 to 2023, according to the Financial Crimes Enforcement Network.

Apr 22, 2024
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Article
Compliance Financial Crimes Enforcement Network (FinCEN)

Fed's Financial Stability Report highlights key risks

Persistent inflation and tighter monetary policy are the primary risks to the U.S. financial system, according to the Federal Reserve’s semiannual Financial Stability Report.

Apr 22, 2024
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Article

FHFA seeks comment on proposed GSE offerings

The Federal Housing Finance Agency is seeking feedback on proposed new product offerings from Freddie Mac.

Apr 19, 2024
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Article
Federal Housing Finance Agency

House Financial Services Committee passes resolutions nullifying climate disclosure and credit card late fee rules

The House Financial Services Committee advanced two ICBA-supported Congressional Review Act resolutions, to the full House for consideration. H.J. Res. 127 and H.J. Res. 122, both passed by a 28-22...

Apr 18, 2024
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Article
Congressional Matters