Alternative capital at credit unions is the subject of an advance notice of proposed rulemaking by NCUA published by the Federal Register today, opening the 90-day public comment period. Comments will be due on the […]
The Treasury Department and the members of the Financial Stability Oversight Council (FSOC) are the agencies expected to be “impacted” by President Donald Trump’s Feb. 3 executive order, “Core Principles for Regulating the U.S. Financial […]
Independent agencies are not covered under the ‘1-for-2’ regulatory-reduction order signed by President Trump last week, confirming earlier reports. In interim guidance issued by Dominic J. Mancini, Acting Administrator, Office of Information and Regulatory Affairs, […]
Since his inauguration day Jan. 20, President Donald Trump has signed four executive orders or memoranda that have a direct impact on federal financial institution regulators. Here’s a summary of what the orders/memos stated, the […]
Restoring public accountability within federal financial regulatory agencies, and “rationalizing the federal financial regulatory framework” are two key points stated in President Donald Trump’s order on “Principles for Regulating the United States Financial System,” which […]
The federal hiring freeze appears to contain no exemption for federal independent agencies generally, or exemptions for federal financial institution regulators, according to joint guidance issued by the Offices of Management and Budget (OMB) and […]
Last month was a fairly typical January in terms of federal financial institution regulatory activity, at least based on recent history, with the Trump administration’s Jan. 20 regulatory freeze showing little comparative impact. Of course, […]
While one federal financial institution regulator has explicitly asserted its independence from the “regulatory freeze” imposed by the Trump administration on all federal agencies, the other financial regulators have not claimed the same freedom — […]
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