Increasing financial information sharing with relevant authorities in countries that are teaming up to block Russian oligarchs and other elites and proxies from accessing their assets was announced Wednesday by the Treasury’s top financial enforcement […]
A 2022 performance plan and a strategic plan covering the remainder of this year through 2026 were approved Thursday by the federal credit union regulator board during its regular monthly meeting. The performance plan, according […]
Discriminatory conduct that violates the federal prohibition against unfair practices – as well as decision-making in advertising, pricing, and other areas to which federal consumer protection laws may not directly apply – will be closely […]
Legislation that would address “tough legacy” contracts under a now-defunct interest rate reference was approved by the Senate 68-31 March 10 and signed into law by President Joe Biden (D) Tuesday. The legislation, part of […]
Lacking support of a key Democrat and moderate Republicans, Sarah Bloom Raskin on Tuesday withdrew as the president’s nominee to take the top supervision post at the Federal Reserve Board, reports said. President Joe Biden […]
A March 2020 Financial Institution Letter (FIL) that gave insured banks an additional 45 days, in response to the coronavirus, to file their statutorily required annual reports with the federal bank deposit insurer has been […]
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, […]
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