In order to help the regional lender reduce its exposure to the struggling industry, Washington Federal Bank agreed on Friday to sell a portfolio of
Category: US
Donor funds given by foundations skewed in favor of larger nonprofits led by White CEOs. – Report
A report from the nonprofit data research group Candid found that women of color typically head the NGOs with the fewest financial resources, whereas white
The US $20b “green bank” program will deliver low-carbon solutions to combat climate change. – EPA
On Friday, the administrator of the Environmental Protection Agency defended a $20 billion federal “green bank” programme, stating that it will fund a range of
US SEC suspends its climate rule, vows to defend it in court.
While it fights the regulation in court, the U.S. Securities and Exchange Commission is delaying the implementation of its new climate disclosure rule. The final
Trump Towers may be up for grabs on Monday to offset the $457m owed to New York in a civil fraud lawsuit.
On Monday, former president Donald Trump, who is now appealing the ruling that resulted in the enormous debt, will learn how New York State is
US regulators align with big lenders on a major reduction in the Basel capital requirement.
Eight business leaders who regularly interact with regulatory officials and the agencies anticipate that U.S. regulators will drastically slash the excess capital banks are required
SEC adopts historic regulation requiring businesses to report emissions and climate concerns.
The historic regulation mandating businesses to disclose information on their greenhouse gas emissions and climate risks is scheduled for a vote by the U.S. Securities
Capital One will acquire Discover for $35b, in a deal that will upset the US payments industry.
In a deal that would combine two of the country’s credit card businesses and perhaps upend the payments sector, which is primarily controlled by Visa
The COVID-era employee retention tax credit program was 95% fraud, and Congress is anxious to shut it down.
During a recent private meeting between senators and IRS Commissioner Danny Werfel, the chairman of the Senate Finance Committee requested his opinion on an astonishing
U.S. unveils new regulations to save bank consumers $3.5b yearly on overdraft fees.
On Wednesday, the Biden administration released new draft regulations that, according to officials, could reduce the fees big banks charge on overdrawn deposit accounts, potentially
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