Two final rules, one dealing with appeals procedures and the other on the agency’s supervisory review committee, will be considered by the National Credit Union Administration Board at its open meeting Thursday (Oct. 19) in Alexandria, […]
Two debt relief companies that allegedly claimed falsely that they are affiliated with the federal government were sued Thursday by the Consumer Financial Protection Bureau (CFPB). The bureau also alleged that the companies falsely promised […]
Friday is Stanley Fischer’s last day as vice chairman of the Federal Reserve Board, leaving open three of the seven seats on the central bank’s governing body. A fourth open seat was filled last week […]
Keeping its house in order in continued pursuit of its dual mandate of maximizing employment and stabilizing prices is the best thing the Federal Reserve can do, for both the U.S. and the global economy […]
With the approaching confirmation of a new comptroller of the currency, the national banking regulator’s chief counsel has announced her retirement, effective Nov. 11. Amy Friend, senior deputy comptroller and chief counsel at the Office […]
Markup of nearly two dozen bills related to financial services and its regulation began Wednesday by the House Financial Services Committee, with members debating many of measures scheduled to be debated and voted on at […]
Moving toward an assessment of bank capital adequacy based on tangible equity would generate better information and free up billions of supervision dollars used now to analyze risk-based measures “that are too-often gamed,” the vice […]
Research papers on consumer behavior and attitudes toward financial products – including credit utilization, payment behavior, economic inclusion, mortgage markets and credit and the real economy – will be discussed at a conference Friday sponsored […]
The withdrawal of guidance about “deposit advance products” (DAP) to national banks – possibly opening options for banks to offer payday and other short-term loans — is set to be published in the Federal Register […]
While it will be considering nearly two dozen pieces of separate legislation during its markup Wednesday, at least 10 of the measures that the House Financial Services Committee will debate have a direct impact on […]
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