ABA Offers Feedback on MSRB’s Strategic Goals
In response to a request from the Municipal Securities Rulemaking Board seeking industry input on its strategic goals, the American...
Newsbytes
Small Business Optimism Drops in December
The NFIB Small Business Optimism Index declined 5.5 points in December, measuring 95.9. Many respondents reported increased uncertainty surrounding the...
Brainard: Agencies Weighing RFI on Artificial Intelligence
In remarks at a virtual event hosted by the Federal Reserve today, Fed Governor Lael Brainard said that the federal...
ABA Urges Withdrawal of CRA Information Collection Survey
The American Bankers Association and a coalition of trade associations yesterday called for the withdrawal of the OCC’s CRA information...
IRS Recommends Streamlining, Modernizing Improvements to Congress
The Internal Revenue Service has submitted a report to Congress—as required by the 2019 Taxpayer First Act—outlining a strategic plan...
IRS Changes Course Again on EIPs; Will Reissue Misdirected Payments
The Internal Revenue Service today announced that—in a reversal of previous guidance—it will reissue payments for taxpayers who did not...
Fed Pays $88.5 Billion to Treasury in 2020
The Federal Reserve System paid $88.5 billion out of its annual net income to the U.S. Treasury in 2020, according...
SBA Revises PPP Borrower, Lender Forms; Issues Procedural Notices
The Small Business Administration on Friday evening released updated borrower and lender guaranty applications for both first-draw and second-draw Paycheck...
IRS Issues Additional Information for EIP Recipients
As the Internal Revenue Service continues to address the error that caused millions of economic impact payments to be incorrectly...
