Eurozone Writes Off Greece, Focuses on Spain

In an effort to keep Greece from becoming the first major crack in what could become a Eurozone breakup, all attention has shifted to secure Spain’s economy as the looming Greek vote on June 17 casts a shadow on the 12-year-old monetary union.

FinCEN Proposes Reporting Requirement of International Transport of Prepaid Access Products at U.S. Borders

FinCEN has proposed adding certain dedicated prepaid access devices, such as prepaid cards and gift cards, to the list of monetary instruments to be reported when transported into or out of the U.S.

Little Movement on Deficit Deal, Yet

This federal legislative update covers the deficit wrangling in Washington, DC as officials scramble to reach an agreement ahead of the August 2 deadline.