Earlier this year, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) was signed into law. Stablecoins, a form of cryptocurrency, are backed by traditional assets—the U.S. dollar, for example. Stablecoins are used to exchange other cryptocurrencies. ...
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Outgoing New York City Comptroller Brad Lander is doubling down on his aggressive ESG agenda and is willing to use New York city employees’ retirement returns as a political pawn in the process. Lander issued a politically-motivated recommendation to rebid ...
Read MoreAs Congress was starting to debate its reconciliation bill in earnest back in March we wrote about a proposal to eliminate the tax exemption provisions for certain credit unions. Credit Unions’ tax-exempt status was established in The Federal Credit Union ...
Read MoreAs part as of current budget reconciliation package, the U.S. Senate is currently considering a proposal to impose a 3.5% tax on personal money transfers sent abroad. The House of Representatives already approved the measure. While the measure is meant ...
Read MoreHigh housing costs and red tape continue to burden American families, particularly lower-income and minority homeowners. One often-overlooked expense is title insurance, a fee ranging from 0.5% to 1% of a home’s price, which is paid during closing and ...
Read MoreLast week HLF was lucky enough to attend a summit focused on “Redefining Retirement.” The event was hosted by investment management firm BlackRock, the Bipartisan Policy Center, and Semafor. Speakers ranged from elected officials, corporate leaders, small business owners, union ...
Read MoreOne of the ongoing conversation on Capitol Hill is the extension of the 2017 Tax Cuts & Jobs Act, including how to structure legislation so to “pay for” (as many describe it) the tax cuts. One revenue raiser that has ...
Read MoreWe recently outlined the Justice Department’s October lawsuit against Rocket Mortgage, the biggest home lender in the U.S. The DOJ wants to make Rocket responsible for alleged discrimination committed by an independent appraiser, who was contracted by a third-party appraisal ...
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