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House Financial Services Committee Chair Patrick McHenry (R-NC) and Subcommittee Chairs French Hill (R-AR) and Bill Huizenga (R-MI) expressed concern that the Federal Reserve Board's August 8, 2023 supervisory guidance will deter financial institutions from activities using digital assets.

A manufacturer settled charges for Foreign Corrupt Practices Act violations after a Chinese subsidiary improperly recorded expenses for providing Chinese government officials with overseas travel and entertainment as legitimate business expenses.