Climate Resilience Accelerator Program Launched with $60 Million Investment to Support Small Businesses and Coastal Resilience
The Biden-Harris Administration has taken a significant step towards addressing climate change and bolstering climate resilience by announcing the Ocean-Based Climate Resilience Accelerator program. This $60 million investment, funded by…
IRS Takes Bold Steps: Enhancing Service, Pursuing Tax Evaders, and Modernizing Technology
IRS aims to take its service to new heights, crack down on high-income tax evaders, and revolutionize its technology infrastructure. In Filing Season 2023, the Internal Revenue Service (IRS) witnessed…
Consumer Price Index Sees Modest Increase in June 2023
Latest CPI Report Highlights June Price Movements and Trends The Consumer Price Index for All Urban Consumers (CPI-U) in June 2023 experienced a slight rise of 0.2 percent, following a…
How to Obtain Your Credit Reports: A Step-by-Step Guide
If you’re wondering how to access your credit reports, you’re in the right place. As a consumer, you have the right to request a free copy of your credit report…
FTC Reaches Settlement with Celsius Network Over Crypto Scam; Former Executives Charged with Misleading Consumers
The Federal Trade Commission (FTC) has announced a settlement with Celsius Network, a bankrupt cryptocurrency platform, following allegations of fraudulent practices. The settlement will permanently ban Celsius from handling consumers’…
SEC Awards Whistleblower More Than $9 Million for Exposing Securities Violations
Whistleblower’s Vital Role in SEC Enforcement Action The Securities and Exchange Commission (SEC) has announced a substantial award of over $9 million to a whistleblower who played a crucial role…
SEC Adopts Money Market Fund Reforms and Amendments to Form PF Reporting Requirements for Large Liquidity Fund Advisers
SEC Adopts Reforms to Money Market Funds for Enhanced Resiliency The Securities and Exchange Commission (SEC) has announced the adoption of amendments to the rules governing money market funds under…
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
CFPB Takes Action Against ACI Worldwide for Unlawful Mortgage Payments Processing The Consumer Financial Protection Bureau (CFPB) has issued an order against ACI Worldwide and its subsidiary, ACI Payments, for…
CFPB, U.S. Department of Health and Human Services (HHS), and U.S. Department of Treasury (Treasury) Launch Inquiry into Costly Credit Cards and Loans Pushed on Patients for Healthcare Costs
CFPB, U.S. Department of Health and Human Services (HHS), and U.S. Department of Treasury (Treasury) Launch Inquiry into Costly Credit Cards and Loans Pushed on Patients for Healthcare Cost The…
Bank of America Faces Consequences for Unlawfully Charging Junk Fees, Withholding Credit Card Rewards, and Opening Fake Accounts
CFPB Takes Action: Protecting Consumers from Junk Fees The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) have ordered Bank of America to…