Eligible newborns in foster care can participate in “Trump Accounts.” First Lady Melania Trump announced the launch of Fostering the Future Accounts this week alongside Treasury Secretary Scott…
Read MoreBanking
Justice Department Seeks to Remove U.S. Citizenship from Naturalized Criminals
The individuals allegedly engaged in acts including sexual abuse of a minor, wire and bank fraud, and distributing drugs wholesale without a license. The Department of Justice announced…
Read More
EPA Highlights Mortgage Forbearance Extension for LA Wildfire Survivors
Wells Fargo is increasing the forbearance timeframe to assist survivors with efforts to rebuild. The Environmental Protection Agency (EPA) reported that Wells Fargo has extended mortgage forebearance up…
Read More
NHTSA Warns Public of Traffic Ticket Texting Scams
Federal agency says scammers are impersonating government authorities to obtain payments and personal information. The National Highway Traffic Safety Administration (NHTSA) recently issued a warning to the public…
Read More
Labor Department Requests Unemployment Insurance Funding Freeze for Pandemic-Era Claims
The departments seek to preserve federal funds associated with alleged fraudulent insurance claims. The Department of Labor and the Office of the Inspector General have announced their intention…
Read More
White House Directs Banking Industry to Review Financial Risks Linked to Immigration Status
President Trump instructs agencies to assess fraud, lending, and compliance risks involving customer identification, and financial activity. President Donald Trump issued an executive order last week directing the…
Read More
Administration Expands Sanctions Against Supporters of Iran
Secretary Rubio discusses targeted individuals and entities, including those in Iraq, the UAE, and China. Secretary of State Marco Rubio announced that the U.S. is expanding sanctions against…
Read More
Education Department Finalizes Student Loan Reform Rule
New policies set borrowing limits and revise repayment options under federal law. The U.S. Department of Education has released a final rule outlining changes to federal student loan…
Read More
Federal Grand Jury Charges Nonprofit for Fraud, Money Laundering
Acting Attorney General Blanche and FBI Director Patel announced the indictment against Southern Poverty Law Center. The Department of Justice announced that a federal grand jury in Montgomery,…
Read More
Treasury Proposes Rules for Stablecoin Oversight Under New Federal Law
The draft regulation outlines anti-money laundering and sanctions requirements for digital payment issuers. The Financial Crimes Enforcement Network (FinCEN)and the Office of Foreign Assets Control (OFAC) recently introduced…
Read More