A special advisor on cybersecurity is now on duty at the federal regulator of credit unions, focusing on a topic the agency’s leader calls one of his top priorities. Johnny E. Davis, Jr., started Thursday […]
Risk-based capital requirements for “complex” credit unions would be again delayed – for another two years – under a 30-day proposal for comment issued Thursday by the National Credit Union Administration (NCUA) as the agency […]
The congressional watchdog is taking a close look at the federal rulemaking process, including by sending a first-ever survey to more than 10,000 rule commenters, the agency said Thursday. In a release, the Government Accountability […]
The law is clear: the chairman of the Federal Reserve Board has a term to serve out, and he fully intends to serve it, he said Wednesday – despite whatever criticisms the president may throw […]
Guidance on risk management for banks interested in making higher-loan-to-value (higher-LTV) loans in communities targeted for revitalization by a federal, state, or municipal governmental entity was issued Wednesday, and a 2017 guidance was rescinded, by […]
A Russian financial organization has earned a “designation” from the U.S. government for assisting North Korea in evading sanctions to access the international financial system, the Treasury Department’s arm overseeing foreign operations announced Wednesday. The […]
Title: Debt Collection Practices (Regulation F); delay of effective date Subject: Debt collection Agency: CFPB Status: Proposed rule Summary: The Bureau of Consumer Financial Protection (Bureau) is issuing this final rule to revise Regulation F, […]
Eighty-one high school seniors from Washington, D.C., public and charter schools will serve paid summer internships at the regulator of national banks, the agency said Wednesday, in a just-started program. In a release, the Office […]
Michelle (“Miki”) Bowman’s nomination for a full 14-year term on the Federal Reserve Board advanced after a vote by the Senate Banking Committee Tuesday. Bowman, now a member of the board serving a term that […]
Trading revenue ballooned by 141% — to $10 billion – in the first quarter at commercial banks and thrifts, the regulator of national banks reported Tuesday, with only four banks holding nearly 90% of total […]
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