This week, the Chairman of the Ways and Means Committee, Rep. Jason Smith (R-MO), introduced legislation in response to the global minimum tax that would increase taxes on businesses and…
The Consumer Financial Protection Bureau's proposal to revise the safe harbor dollar amount for credit card late fees lacks evidence to support its contention that the rule will not have…
The Consumer Financial Protection Bureau's "untested and unvalidated assumptions" about credit card late fees are incorrect, particularly about the deterrent effect of late fees, and result in a "flawed policy,"…
In its testimony today, the American Bankers Association once again urged the Federal Trade Commission to adopt rules to prohibit impersonation of government, business, and their officials, and to prohibit…
For the second year in a row, the Treasury Department has issued a revenue proposal to clarify the tax treatment of Earned Wage Access (EWA) payment arrangements. A director of…
Insurers speak out against new rating law proposal | Insurance business America legal perspectives Insurers speak out against after new rating law proposal Industry Leaders Warn of Potential Rate Hikes…
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