A bipartisan group of mostly retiring senators recently introduced a bill “to establish a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund,” that is, Social Security. The bill, called the “PROMISE Act of 2026,” sets a compressed schedule under which…
By Bryan Martin, Guest Writer <!– At my CPA firm, I have this conversation almost every week. A physician comes in for a tax-planning meeting, excited about a strategy. They’re convinced this is the move to make. Then, we run the math and realize they may be chasing $3,000 of savings while adding 50 hours…
Released last month, Google’s AI and Economy ATLAS sorts 14.6 million Gemini conversations into jobs and associated tasks. The headline is reassuring: AI is assisting people, not replacing them. Its findings on the role of expertise may contradict this hopeful analysis and tell us something very different about the future of work, especially at the…
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June 02, 2026 Agencies remove additional references to reputation risk
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of…
RBC Capital Markets will pay $275,000 to settle FINRA charges that anti-money laundering procedures in its wealth management division could have missed suspicious transactions. According to the FINRA letter of acceptance, waiver and consent signed last week, the issues arose during a cycle exam by the brokerage self-regulatory organization. The lapses in question allegedly took…
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