Nearly 1,660 “full-time equivalent” (FTE) positions were on its employment rolls at the end of 2017, with about 85% of those positions performing “activities that can only be performed by a Federal employee,” the Consumer […]
For the second time since he was nominated by President Donald Trump to be the next chairman of the Federal Reserve Board, Jerome H. “Jay” Powell has received the support of the Senate Banking Committee […]
The payday loan rule, scheduled to take effect now, may be reconsidered, the Consumer Financial Protection Bureau (CFPB) said Tuesday. In a statement, the bureau said it intends to engage in a rulemaking process that […]
At least 17 “regulatory relief” items – including several provisions based on similar items contained in the already-House approved H.R. 10, the Financial CHOICE Act – will be marked up by the Financial Services Committee […]
An examination of federal efforts to combat money laundering will continue this week as senators hold their second hearing on the subject in the past week, while House members mark up more “regulatory relief” legislation. […]
Hearings to consider the nominations of the leader of the federal deposit insurance agency and a member of the board of the nation’s central bank are tentatively set for Jan. 23. The Senate Banking Committee […]
Penalties of $35 million were assessed against five big banking organizations for mortgage servicing deficiencies, the Federal Reserve said Friday, while at the same time the central bank terminated enforcement actions against those institutions and […]
The Senate Banking Committee will vote Wednesday (Jan. 17 at 10 a.m.) on the nomination of Jerome H. Powell to be Federal Reserve Board chairman and on Randal Quarles for reappointment as a member of the board. […]
New tools for accessing data about aggregate wealth of U.S. households and other economic sectors, using “data visualization,” were unveiled by the Federal Reserve Thursday. The three new tools, the Fed said, show at a […]
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