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Senate questions FinCEN’s effectiveness in combating financial crimes

Senate questions FinCEN’s effectiveness in combating financial crimes

by Rafaela Jinich | Feb 15, 2024 | Business, Featured

WASHINGTON — Amid rising concerns over a surge in investment scam losses and the potential compromise of citizens’ privacy, the Committee on Financial Services convened on Wednesday to scrutinize the operations of the Financial Crimes Enforcement Network...
Blast from the Past: Aging Committee members introduce old-school bipartisan legislation

Blast from the Past: Aging Committee members introduce old-school bipartisan legislation

by Zachary Kessel | Feb 10, 2022 | Featured, Health & Science

WASHINGTON – For Senate Special Committee on Aging Chairman Bob Casey (D-Pa.) and ranking member Tim Scott (R-S.C.), Thursday’s hearing on dual-enrollment in Medicare and Medicaid was an opportunity to tout an accomplishment all too rare in today’s political climate:...
Census report on child support payments doesn’t account for income disparity

Census report on child support payments doesn’t account for income disparity

by Ellisya Lindsey | Jan 20, 2022 | Featured, Living

WASHINGTON — A semi-annual U.S. Census Bureau report on child support payments for the year 2017 fails to take into account the circumstances of parents with different levels of income, a practitioner said this week.  “We want to help people to have an appreciation...
Lawmakers: Elderly and Disabled Americans Struggle Most With Financial Literacy

Lawmakers: Elderly and Disabled Americans Struggle Most With Financial Literacy

by Jenny Huh | Jan 13, 2022 | Featured, Immigration, Living

WASHINGTON – Lower financial literacy among Americans, especially those 65-and-older and those with disabilities, creates challenges for long-term money management, experts and nonprofit leaders told lawmakers on Thursday. “Seniors end up as greeters at Walmart when...
Controversial Housing & Finance Nominee Wants Fannie, Freddie Reform

Controversial Housing & Finance Nominee Wants Fannie, Freddie Reform

by Leslie Bonilla | Feb 15, 2019 | Business, Politics

WASHINGTON — The Trump administration’s controversial nominee to lead the Federal Housing Finance Agency told senators Thursday that he wanted to reform Fannie Mae and Freddie Mac, two mortgage finance companies meant to make the housing market more stable and...
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