No Federal Oversight of Premium Financing, Thanks to Big ‘I’
The Consumer Financial Protection Bureau was considering the adoption of burdensome mandates that would have disrupted premium finance transactions.
Legislation
Small Businesses Face Higher Taxes in President Biden’s FY2024 Budget
The more than $4 trillion in tax hikes this budget proposes would dangerously target small businesses.
House Republicans Oppose FTC Noncompete Ban
House Republicans’ letter states that the FTC is exceeding its delegated authority and lacks congressional authority in federal statute to initiate this type of rulemaking.
Big ‘I’ Urges Congress to Maintain State Implementation of Federal Privacy Standards
The House Financial Services Committee has released draft legislation to amend and bolster the privacy requirements created by the Gramm-Leach-Bliley Act.
House Passes Bill to Cut IRS Funding
The legislation, which passed on partisan lines, was the House Republicans’ first major bill of the year and was one of their top campaign issues throughout the midterms.
