Legislation
H.R. 1116: TAILOR Act
Introduced: Feb. 16 Sponsor: Rep. Doug Collins, R-Ga. Latest action: Referred to Financial Services Committee Summary:
Year: 2017
OCC
Review leads to more than a dozen changes in regulations
More than a dozen changes to existing regulations – dealing with everything from oaths of bank directors to website transactions — are addressed in a final rule by the OCC intended to update or remove […]
Legislation
S. 366: TAILOR Act
Introduced: Feb. 13 Sponsor: Sen. Mike Rounds, R-S.D. Latest action: referred to Banking, Housing, and Urban Affairs Committee Summary:
NCUA
CU among nation’s top 150 conserved by NCUA
A $1.8 billion credit union — within the top 150 federally insured credit unions in the country in asset size — Friday was conserved by the New York State Department of Financial Services, which appointed the […]
The Fed
Tarullo resignation leaves 3 seats open
The resignation Friday of Daniel K. Tarullo as a board member of the Federal Reserve will leave three openings on the seven seats on the central bank’s governing body, which also faces the expiration of the chairman’s term […]
NCUA
Proposed capital rule by credit union regulator published
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 […]
Other
Analysis focuses on impact for Treasury, FSOC of ‘core principles’ order
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 […]
Other
Guidance makes clear: Indy agencies not covered by ‘1-for-2’
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, […]
Other
Summary: 4 orders that affect the financial institution regulators
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 […]
Other
Order seeks to ‘restore accountability, rationalize’ federal financial regulatory system
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 […]