Michael S. Barr, nominated for vice chair for supervision of the Federal Reserve Board, will receive a hearing on his confirmation Thursday by the Senate Banking Committee, the panel announced last week. The hearing begins […]
A new system to provide guidance to other agencies, both federal and state, with consumer financial protection responsibilities on how the federal consumer financial protection agency intends to enforce federal consumer financial law was announced […]
Homeowners continue to face significant risks and challenges connected to working with their mortgage servicers in the wake of the coronavirus crisis, the federal consumer financial protection agency said in a report issued Monday. In […]
Use of artificial intelligence (AI) tools is being considered by the regulator of national banks to enhance its monitoring of risks in the banking system, a top official at the agency told a congressional task […]
The Federal Reserve Board now has a permanent chair, and is a step closer to having its full contingent of seven members after action in successive days by the U.S. Senate. Jerome H. (“Jay”) Powell […]
A former worker of Deutsche Bank AG New York Branch agreed to a cease and desist order from the Federal Reserve that the banker faked a proposed salary offer from a competing firm seeking to […]
The hype and the risk consumers face with cryptocurrency investments and other digital assets is of concern to the national banking regulator, he told a group Thursday, describing the ventures as a “get rich quick” […]
Federal flood insurance law and federal regulators’ implementing rules are the topic of revised questions and answers (Q&As) released late Wednesday by federal financial institution regulators and the Farm Credit Administration (FCA). According to the […]
Resources for community development investments being sought by credit unions is the focus of a June 2 webinar sponsored by the Community Development Financial Institutions (CDFI) Fund and the federal credit union regulator, the agency […]
$11 million in consumer redress and civil money penalties were assessed Wednesday against debt-relief payment processors, and co-founders of one of the firms, the federal consumer financial protection agency said Wednesday. In a release, the […]
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