Placed on the Union Calendar, Calendar No. 193.
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On January 1, 2021, Congress passed the Anti-Money Laundering Act of 2020 (AMLA) as Division F of the William M. (Mac) Thornberry National Defense Authorization Act (NDAA) for FY2021 (P.L. 116-283). AMLA amends and builds upon the existing anti-money laundering (AML) statutory framework, originally established under t…
The U.S. Small Business Administration (SBA) operates several programs to assist small businesses, as well as a program to help disaster survivors. The SBA’s budget reflects the agency’s varied mission, and includes funding for business training programs, loan programs, administrative costs, and the operations of two…
The U.S. Small Business Administration’s (SBA’s) mission is to “aid, counsel, assist, and protect” the interests of small businesses. While SBA generally helps small businesses regardless of location, small businesses may constitute a larger proportion of businesses in rural areas. According to SBA’s Office of Advocac…
Read the report ↗The Consumer Financial Protection Bureau (CFPB) was created in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank, P.L. 111-203). Dodd-Frank specified that the CFPB would be funded outside of congressional appropriations through quarterly transfers from the Federal Reserve as requested by t…
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