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House Passes Bipartisan GUARD Act to Combat Elder Financial Fraud and Scams

House Passes Bipartisan GUARD Act to Combat Elder Financial Fraud and Scams

The U.S. House of Representatives has passed the bipartisan GUARD Act (Guarding Unprotected Aging Retirees from Deception Act, H.R. 2978), co-led by U.S. Congressman Josh Gottheimer (NJ-5), Representatives Zachary Nunn (IA-3), and Scott Fitzgerald (WI-5). This legislation aims to protect seniors and their families from financial fraud and scams, which cost Americans billions annually. The bill now moves to the Senate for consideration. The GUARD Act empowers state, local, and Tribal law enforcement by allowing them to use existing federal grant funds to investigate elder financial fraud, including 'pig butchering' cryptocurrency investment scams and general financial fraud. This includes funding for hiring analysts and experts, and providing specialized training for complex, often transnational financial crimes. Additionally, the act clarifies that federal law enforcement agencies can assist local partners in using blockchain-tracing tools to identify criminals and recover stolen funds. It also mandates th...
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Robinhood Requests Supreme Court to Delay Certiorari Ruling on Prediction Markets Pending CFTC Rulemaking

Robinhood Requests Supreme Court to Delay Certiorari Ruling on Prediction Markets Pending CFTC Rulemaking

Robinhood Requests Supreme Court to Delay Certiorari Ruling on Prediction Markets Pending CFTC Rulemaking
TheStreetTheStreet
Bessent sent bank insiders a message about Iran

Bessent sent bank insiders a message about Iran

Treasury just designated one of Russia's largest lenders. The more revealing move came from the secretary's phone.
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Fidelity Investments Seeks Senior Legal Counsel for Workplace Investing Team

Fidelity Investments Seeks Senior Legal Counsel for Workplace Investing Team

Fidelity Investments Seeks Senior Legal Counsel for Workplace Investing Team
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Texas Attorney Asks Supreme Court to Clarify FMLA Coverage for Prenatal Care

Texas Attorney Asks Supreme Court to Clarify FMLA Coverage for Prenatal Care

Texas attorney Gaines West has petitioned the U.S. Supreme Court to clarify whether leave taken by a pregnant woman to care for her unborn child's serious health condition qualifies as 'family-care leave' under the Family and Medical Leave Act (FMLA). This petition stems from a case involving Dr. Erin Snider, a former Texas A&M University professor, who took FMLA leave for medical care related to a miscarriage and an embryo transfer for IVF treatment. Snider argued that her leave constituted family-care for her preborn child, while the State of Texas contended it was self-care, as an unborn child does not fit the FMLA's definition of a 'son or daughter.' A Texas appellate court recognized the legal ambiguity but ultimately ruled Snider's treatments were self-care, a decision upheld by the Texas Supreme Court's denial of review. West is now asking the Supreme Court to establish a clear standard for distinguishing between family-care and self-care leave in such circumstances, arguing that pregnant women shou...
AP NewsAP News
Texas plans to execute a man convicted in the killings of 3 people; Georgia execution put on hold

Texas plans to execute a man convicted in the killings of 3 people; Georgia execution put on hold

A man convicted of killing three people is set to be executed Wednesday in Texas
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Bank of America Job Posting Highlights FDIC Regulations for Credit Solutions Advisor II Role

Bank of America Job Posting Highlights FDIC Regulations for Credit Solutions Advisor II Role

Bank of America Job Posting Highlights FDIC Regulations for Credit Solutions Advisor II Role
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House Financial Services Committee to Review Bill Restructuring CFPB Funding and Governance

House Financial Services Committee to Review Bill Restructuring CFPB Funding and Governance

The House Financial Services Committee is scheduled to meet on September 16, 2026, to review H.R. 10184, the Consumer Financial Protection Accountability and Reform Act of 2026. This bill, introduced by U.S. Reps. Andy Barr, R-Ky., and French Hill, R-Ark., aims to fundamentally restructure the Consumer Financial Protection Bureau (CFPB). Key provisions of the legislation include increasing direct congressional oversight, revising the agency's funding and structure, expanding transparency and accountability requirements for rulemaking and enforcement, and modifying the CFPB’s supervisory and enforcement powers. It also seeks to clarify legal standards for consumer protection actions, update civil penalty provisions, promote better coordination with other financial regulators, and establish new protections for financial institutions. The bill further proposes updates to consumer complaint processes and regulatory review mandates. This legislative effort follows a series of congressional hearings held between...
USA TodayUSA Today
Today in history, October 2

Today in history, October 2

Today in history, October 2
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Rep. Debbie Wasserman Schultz Calls for Balanced Federal AI Regulation

Rep. Debbie Wasserman Schultz Calls for Balanced Federal AI Regulation

Rep. Debbie Wasserman Schultz, a member of the House Appropriations Committee, has emphasized the need for a balanced approach to federal regulation of artificial intelligence (AI). In discussions with NewsNation's Leland Vittert, Schultz stated that Congress must prioritize preventing harm to American citizens while simultaneously fostering innovation in the AI sector. Her remarks highlight a growing concern among lawmakers regarding the rapid advancement of AI technologies and the potential societal impacts, both positive and negative. The call for 'common-sense discussions' suggests a desire for a pragmatic and well-considered legislative framework rather than hasty or overly restrictive measures. This stance reflects a broader debate within the U.S. government on how to effectively govern emerging technologies without stifling economic growth or technological progress. The focus is on creating a regulatory environment that protects consumers and national interests while allowing the U.S. to remain a le...
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U.S. Chamber of Commerce Endorses Representative Tom Suozzi for Reelection in New York's Third District

U.S. Chamber of Commerce Endorses Representative Tom Suozzi for Reelection in New York's Third District

The U.S. Chamber of Commerce has officially endorsed Representative Tom Suozzi for his reelection campaign to represent New York's Third Congressional District. Steve McAllister, Vice President of the Eastern Region for the U.S. Chamber of Commerce, stated that Representative Suozzi has demonstrated leadership in advocating for policies that support economic growth and job creation. Specifically, Suozzi has been recognized for his efforts in permitting reform, reducing red tape, lowering energy costs, and accelerating the development of critical energy projects. The endorsement highlights his commitment to supporting small businesses and fostering a favorable environment for American businesses and workers. The U.S. Chamber of Commerce, which represents companies of all sizes across various economic sectors, backs candidates who champion policies that drive innovation and economic prosperity.
Arizona RepublicArizona Republic
Will Trump's $5,000 dividend check happen? Why it may not

Will Trump's $5,000 dividend check happen? Why it may not

President Trump promised Americans a $5,000 check if Republicans win in the midterms, but it's not as simple as giving away free money. Here's why.