The need to educate consumers about the risks and costs inherent in crypto currency investments was emphasized Thursday during remarks by the top national banking regulator before the Treasury-led Financial Literacy and Education Commission (FLEC). […]
The agency’s annual strategic and performance plans will be up for consideration at the next meeting of the federal credit union regulator’s board March 17, the agency said Thursday. The board of the National Credit […]
Of seven top management and performance challenges faced by the agency in 2022, a report just released by the federal credit union regulator’s inspector general office states, three of the challenges are newly identified: ensuring […]
Issues facing rural America are the focus of an initiative launched Thursday by the federal consumer financial protection agency, with particular initial emphasis on rural banking deserts, discriminatory and predatory agricultural credit, and manufactured housing, […]
Aiding and abetting false statements on applications for some $690,000 in loans were the charges levied March 4 against a former chief lending officer of a Berwick, Pa.-based financial institution, the federal bank deposit insurer’s […]
Reducing risks posed by digital assets while promoting “a fairer, more inclusive, and more efficient financial system” were vowed by leaders of two key financial regulatory agencies in response to the “digital assets” executive order […]
A “coordinated and comprehensive approach” to digital asset policy is the aim of an executive order issued early Wednesday by President Joe Biden (D) that is widely viewed as a first step toward regulation of […]
A Letter to Credit Unions explaining changes that added components to the agency’s examination rating system to account for a credit union’s sensitivity to market risk and redefine the system’s definition of liquidity risk was […]
Digital assets are the focus of a new consumer education effort announced Tuesday by the Treasury Department, which will run in tandem with analysis of the impact of climate change on household and community financial […]
Overdraft protection programs – and their fee structures, public views of the services, and market changes – are on the agenda for a March 23 webinar sponsored by the federal credit union regulator. The National […]
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