New online tool developed to help millions of taxpayers who do not normally file tax returns to submit information needed to receive payments WASHINGTON – Today, the U.S. Department of the Treasury and the Internal Revenue Service launched “Non-Filers: Enter Payment Info Here,” a web portal where Americans who did not file a tax return […]
Monthly Archives: April 2020
Federal Trade Commission Closes Investigation of Johnson & Johnson’s Proposed Acquisition of TachoSil from Takeda Pharmaceutical Company
Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: Phoebe Putney Health System, Inc., Hospital Authority of Albany-Dougherty County, and HCA Inc. Settle FTC Charges that Acquisition of Palmyra Park Hospital Violated U.S. Antitrust Laws Statement of Chairwoman Edith Ramirez, and Commissioners Julie Brill and Maureen K. Ohlhausen regarding the Google Investigation FTC […]
FTC Approves Final Order Imposing Conditions on Veterinary Service Providers Compassion First and National Veterinary Associates
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Compassion First’s proposed $5 billion acquisition of National Veterinary Associates, or NVA, would violate federal antitrust law. According to the complaint, which was first announced in February 2020, the acquisition would have harmed competition in three local geographic […]
Comptroller of the Currency Thanks Stakeholders for Comments on the Proposal to Modernize Community Reinvestment Act Regulations
News Release 2020-52 | April 9, 2020 Share This Page: WASHINGTON—Comptroller of the Currency Joseph M. Otting today issued the following statement thanking stakeholders for their comments on the proposal to strengthen and modernize the regulatory framework implementing the Community Reinvestment Act. I want to thank all of the stakeholders who have submitted more than 7,400 […]
Federal Bank Regulators Issue Interim Final Rule for Paycheck Protection Program Facility
News Release 2020-51 | April 9, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The federal bank regulatory agencies today announced an interim final rule to encourage lending to small businesses through the Small Business Administration’s Paycheck Protection Program, or PPP. […]
Treasury and IRS Extend Over 300 Tax Filing, Payment and Administrative Deadlines
WASHINGTON – The U.S. Department of the Treasury and the Internal Revenue Service today announced they are extending the deadline for many administrative acts under the tax law as well as the tax filing and payment deadlines for fiscal year businesses, tax-exempt organizations and certain estates and trusts. “In an effort to relieve taxpayers during […]
Treasury and Federal Reserve Board Announce New and Expanded Lending Programs to Provide up to $2.3 Trillion in Financing
WASHINGTON – Pursuant to section 13(3) of the Federal Reserve Act, U.S. Treasury Secretary Steven T. Mnuchin today approved the establishment of a Main Street Business Lending Program and a Municipal Liquidity Facility to support the flow of credit to American workers, businesses, States, counties, and cities impacted by the coronavirus pandemic. Small and medium-sized […]
Treasury Underscores Commitment to Global Flow of Humanitarian Aid in Face of COVID-19 Pandemic
WASHINGTON—The U.S. Department of the Treasury stands with governments and citizens around the world in the global war against the COVID-19 global pandemic. The United States is committed to ensuring the international flow of humanitarian aid continues through legitimate and transparent channels. Treasury supports the critical work of governments, international organizations, non-profit organizations, and individuals […]
Changes to the Regulatory Capital Rule to Accommodate the Paycheck Protection Program
FIL-37-2020 April 9, 2020 Changes to the Regulatory Capital Rule to Accommodate the Paycheck Protection Program Printable Format: FIL-37-2020 – PDF (PDF Help) Summary: The Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System (Federal Reserve), and Office of the Comptroller of the Currency (together, the agencies) issued an interim final rule […]
FTC Sending Full Refunds to Consumers Who Paid for “Free” and “Risk-Free” Product Pitches
The Federal Trade Commission is mailing refund checks totaling $488,629 to consumers who bought golf and kitchen gadgets from a group of online marketers that allegedly used deceptive “free” and “risk-free” trials to sell their products. According to an FTC complaint filed in March 2017, AAFE Products and related defendants did not clearly disclose that […]