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Financial Regulation News, published by Macallan Communications, is a daily news source on the regulations that impact global and regional financial institutions and their customers.

House passes INVEST Act to improve capital formation, markets
12/15/2025

House passes INVEST Act to improve capital formation, markets

The U.S. House of Representatives passed the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act last week with bipartisan support.© Shutterstock The INVEST Act seeks to expand access to capital for small businesses, increase opportunities for investors, and stre...

Legislation introduced to extend national flood insurance program
12/15/2025

Legislation introduced to extend national flood insurance program

Bipartisan legislation introduced this week in the House would automatically extend the National Flood Insurance Program. © Shutterstock Sponsored by U.S. Reps. Troy Carter (D-LA), Julia Letlow (R-LA), Cleo Fields (D-LA), Clay Higgins (R-LA), Mike Ezell (R-MS) and Lizzie Fletcher (D-TX), the legisl...

Families paid nearly $1,200 in tariff costs this year
12/15/2025

Families paid nearly $1,200 in tariff costs this year

Every American family has paid nearly $1,200 in tariff costs since President Donald Trump took office, a recent Joint Economic Committee – Minority report finds.© Shutterstock The committee combined official U.S. Treasury Department data on tariff revenue collected during the first 10 full months...

Sen. Paul releases report on Fed’s use of interest of reserve balances
12/15/2025

Sen. Paul releases report on Fed’s use of interest of reserve balances

U.S. Sen. Rand Paul (R-KY) released a report on the Federal Reserve’s use of Interest on Reserve Balances (IORB). © Shutterstock The report found that in 2024, the Federal Reserve paid $187 billion in IORB payments, or 10.3% of the entire federal deficit. In addition, the report says that IORB pa...

MISMO calls for standardization of Commitment File to speed data exchange
12/15/2025

MISMO calls for standardization of Commitment File to speed data exchange

MISMO, the real estate finance industry’s standards organization, is calling for the launch of a new standard Commitment File. © Shutterstock In a press release on Dec. 9, the organization urged industry professionals to participate in the launch of a new initiative that would develop the new sta...

Sens. Cortez Masto, Young sponsor bill to provide grants for small businesses
12/15/2025

Sens. Cortez Masto, Young sponsor bill to provide grants for small businesses

U.S. Sens. Catherine Cortez Masto (D-NV) and Todd Young (R-IN) introduced a bill that seeks to help small businesses compete in the 21st century economy. © Shutterstock The Small Business Innovation Voucher Act would create a voucher program at the Small Business Administration (SBA) to provide gra...

Canadian citizen charged with retail investor fraud schemes
12/15/2025

Canadian citizen charged with retail investor fraud schemes

The Securities and Exchange Commission announced it had recently charged Nathan Gauvin, a Canadian citizen and three entities he controls—Blackridge, LLC, Gray Digital Capital Management USA, LLC, and Gray Digital Technologies, LLC—with fraudulent securities offerings. © Shutterstock “Gauvin ...

Federal agencies provide guidance regarding changes to Health Savings Accounts
12/15/2025

Federal agencies provide guidance regarding changes to Health Savings Accounts

The Department of the Treasury and the Internal Revenue Service recently issued a notice regarding new tax benefits for Health Savings Account (HSA) participants that are the result of the passage of the One, Big, Beautiful Bill. The changes are effective for plan years beginning on or after Jan. 1,...

OCC releases preliminary findings from review of debanking activities
12/15/2025

OCC releases preliminary findings from review of debanking activities

The Office of the Comptroller of the Currency (OCC) released preliminary findings from its review of debanking activities at the nine largest national banks it supervises.© Shutterstock The OCC’s preliminary findings show that these banks made inappropriate distinctions among customers in the pro...

Only 8 percent of investors began within the last two years, according to study
12/10/2025

Only 8 percent of investors began within the last two years, according to study

Only 8 percent of investors reported beginning to invest within the last two years, according the 2024 National Financial Capability Study (NFCS), compared to 21 percent who began investing in the two years preceding the 2021 NFCS.© Shutterstock The NFCS had 2,861 respondents with non-retirement in...

PNC Private Bank offers spot Bitcoin trading capabilities to platform
12/10/2025

PNC Private Bank offers spot Bitcoin trading capabilities to platform

PNC Bank has launched direct spot bitcoin trading capabilities for eligible clients of PNC Private Bank.© Shutterstock This move makes PNC the first major U.S. bank that has come to market with such an offering. The platform, powered by Coinbase’s Crypto-as-a-Service infrastructure, allows PNC cu...

AIC: Private equity delivers greater returns long term
12/10/2025

AIC: Private equity delivers greater returns long term

Public markets and some asset classes outperform private equity in the short term, but, even with fees, private equity provides stronger returns compared to public markets and other asset classes over 5, 10, 15, and 20-year times, according to a recent American Investment Council (AIC) report. Speci...

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