A stipulated final judgment over a firm’s violations of federal consumer financial protections related to the sale of financial advisory and mortgage assistance relief services suspends the imposition of $3 million in consumer redress against […]
Former Federal Reserve Board Chairman Ben Bernanke and Gary Cohn, the former top economic advisor for the Trump administration, are among the five individuals named Thursday to the Federal Deposit Insurance Corp.’s (FDIC) Systemic Resolution […]
Providing cryptocurrency custody services, including holding unique cryptographic keys associated with cryptocurrency, is a modern form of traditional bank activities related to custody services and is permitted for federally chartered banks and savings associations, the […]
Bankers from Alaska, Iowa, and South Dakota have been tapped as the newest members of the community banking advisory committee for the federal insurer of bank deposits, the agency said Wednesday. The Federal Deposit Insurance […]
The use of cost-benefit analysis in consumer financial protection regulation – something apparently under consideration by the federal consumer financial protection agency – is the focus of a symposium set for July 29 via webcast, […]
A report that looks at current options for winding down a failed, systemically important banking firm (GSIB) in an orderly fashion was released Tuesday by the Government Accountability Office (GAO). The report, as directed under […]
(In the video, Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) make their respective cases for recommending for confirmation (or denying the recommendation) for Federal Reserve Board Nominee Judy Shelton […]
Eugene H. Schied has been named chief financial officer (CFO) for the National Credit Union Administration (NCUA), succeeding Rendell Jones, who became the agency’s deputy executive director this January, the agency said Tuesday. Schied joined […]
Title: National Banks and Federal Savings Associations as Lenders Subject: “True lender” Agency: OCC Status: Final rule; Congressional Review Act revocation Summary: Under the Congressional Review Act (CRA), Congress has passed and the President has […]
The nominee for a seat on the federal credit union regulator’s board stayed close to the script of his opening statement and faced limited questions during a hearing Tuesday before a Senate committee. After Kyle […]
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