A new set of frequently asked questions (FAQs), with answers, addressing transitional issues related to last year’s rescission of a 2020 final Community Reinvestment Act (CRA) rule was issued Tuesday by the Office of the […]
An updated rule that expands the opportunities for parties in adjudication proceedings to conduct depositions was issued – and became effective – Tuesday by the federal consumer financial protection agency. According to filings in Tuesday’s […]
Special-purpose credit programs to meet the credit needs of specified classes of persons – particularly those of underserved communities – are available under federal law and regulations, the federal financial institution regulators, and federal housing […]
The chief innovation officer at the federal insurer of bank deposits – who was hired about a year ago after a search of more than two years by the agency – resigned Friday, citing hesitancy […]
James Martin will be the new acting director of the Treasury Department’s Office of Financial Research (OFR), replacing Dino Falaschetti, who is leaving, the agency said Friday. Martin’s appointment is effective Feb. 28, Treasury said. […]
Public comments on an advance notice of proposed rulemaking (ANPR) on potential Bank Secrecy Act (BSA) requirements for cash real estate transactions are due Monday to Treasury’s financial crimes enforcement unit. The ANPR, released in […]
Calling them “comprehensive new rules for the investment and trading activity of senior officials,” the Federal Reserve’s rate-setting committee announced Friday it has adopted new regulations aimed at clamping down on investment activity by key […]
With a public service loan forgiveness (PSLF) waiver for student loan borrowers set to expire this Oct. 31, the agency charged with consumer financial protection said Friday it will be prioritizing its supervision of student […]
Engaging in research and experimentation with new technologies – such as a U.S. central bank digital currency (CBDC) – and “consulting closely with public and private sector partners” are both parts of the Federal Reserve’s […]
Readiness for crises, cybersecurity for banks and third-party service providers, and support for underserved communities in banking are the three top challenges for the federal deposit insurance agency, according to report issued Thursday by its […]
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