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OCCSix prohibition orders were issued by the national bank regulator so far in February, the agency said Thursday. Formal agreements were also reached with both Michigan and Connecticut banks, both the result of “unsafe or [...] -
CFPB
Trump, in executive order, asserts control over all agencies, including ‘so-called independent’ ones
The heads of federal agencies and departments can expect to see guidance from the Office of Management and Budget (OMB) in the near future on implementation of a new executive order that seeks to ensure [...] -
The FedThe changing financial institution landscape due to generative artificial intelligence (GenAI) should be approached with “agility and flexibility” by regulators, the outgoing top supervisor at the Federal Reserve said Tuesday. Michael Barr, the Federal Reserve [...] -
The FedReflecting on what he called the “maturing” stablecoin market, a Federal Reserve Board governor reminded of the continued lack of a “clear and targeted” legal and regulatory framework that could keep U.S. issuers of stablecoins [...] -
OCCNational banks and savings associations having total consolidated assets of $250 billion or more have until April 15 to provide their federal regulator the results of this year’s Dodd-Frank Act stress tests using “baseline” and [...] -
NCUAThe voluntary, post-examination survey of federal credit unions (FCUs) that has been in use since 2021 will be administered by an external vendor instead of their federal regulator’s ombudsman beginning in March, the agency said [...] -
OCCRodney Hood’s stint as acting comptroller of the currency may be a brief one, as the president has nominated Jonathan Gould to a five-year term in the comptroller post. Gould served previously at the Office [...] -
NCUAThe agency’s four funds earned unmodified, or “clean,” audit opinions for 2024, the National Credit Union Administration said Thursday. The funds – National Credit Union Share Insurance Fund, Operating Fund, the Central Liquidity Facility, and [...]
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NCUACredit unions’ federal regulator this week reminded of changes to the agency’s examination and scheduling policy in connection with December’s budgeting decisions for 2025-2026. The new policy at the National Credit Union Administration (NCUA), detailed [...] -
CFPBOne day after he posted on a social media site that he had resigned his post from one agency board, Jonathan McKernan was nominated by President Donald Trump (R) to a five-year term as head [...]
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