Breaking Archive

U.S. Senators Katie Britt (R-Ala.) and John Boozman (R-Ark.) have introduced legislation in response to the Biden Administration’s Consumer Financial Protection Bureau (CFPB) finalizing its 1071 Small Business Lending Data Collection rule last year. “The CFPB under the last Administration operated virtually unchecked—with no ...Read More

The Alabama Legislature concluded its 30th and final legislative day last Wednesday, officially adjourning sine die and ending its work for the 2025 Regular Session. The Legislature is scheduled to reconvene in January 2026 for the final year of the current four-year term. Senate ...Read More

An important piece of legislation in the United States Senate is delayed following yesterday’s cloture vote on the GENIUS Act, which failed 48-49. Due to the Senate filibuster, sixty votes were needed to advance. The bipartisan GENIUS Act is sponsored by Senate Banking Committee ...Read More

Alabama Legislature Passes Budgets for Fiscal Year 2026 State General Fund Last week the Alabama Legislature fulfilled its primary constitutional duty by approving budgets to fund state government and education for the fiscal year beginning Oct.1. These budget bills have now been sent to ...Read More

Alabama Senate Republicans utilized a rarely invoked procedural tactic, the cloture petition, last Thursday to curtail Democratic debate and accelerate the passage of several conservative bills. The five bills, now advancing to the House, encompass measures mandating pre-installed pornography filters on minors’ electronic devices ...Read More

Cryptocurrency Bills Introduced in the Alabama Legislature Last week, three cryptocurrency bills were introduced in the Alabama Legislature, one of which could impact Alabama banks. Senate Bill 283, introduced by Sen. Will Barfoot, R-Pike Road, authorizes the State Treasurer to invest up to 10 ...Read More

Senate Bill 228 and House Bill 418, sponsored by Sen. Andrew Jones of Centre and Rep. Jamie Kiel of Russellville, entitled the Equality in Financial Services Act, will jeopardize the ability of banks to select their clients based on business considerations and require banks ...Read More