Tokenization of “real-world” financial assets and liabilities will be the topic of a symposium set for early next year by the regulator of national banks, the agency said Wednesday. The Office of the Comptroller of […]
The latest issue of the Survey of Consumer Finances (SCF) – for 2022 – was released Wednesday by the Federal Reserve, covering changes in family finances from 2019-22, changes in racial inequality, and families’ financial […]
Lending was down slightly according to bankers who reported to the Federal Reserve’s latest Beige Book, released Wednesday. According to the publication – which reports information collected on or before Oct. 6 – the Fed […]
A central bank digital currency’s (CBDC) possible benefits, risks and tradeoffs for the U.S. should continue to be researched – but “potential uses” remain unclear, a member of the Federal Reserve Board said Tuesday. Speaking […]
Cheating users on international money transfers is alleged in a complaint issued Tuesday against a widely used mobile app by the federal consumer financial protection agency. In a release, the Consumer Financial Protection Bureau (CFPB) […]
Coordination between state and federal banking regulators will be on the agenda for a Wednesday meeting between state regulators and their counterparts from the federal bank deposit insurance agency, it was announced Monday. The Federal […]
Comments on proposed guidelines issued Oct. 3 on corporate governance and risk management for insured depository institutions with total consolidated assets of $10 billion or more are due to the federal bank deposit insurance agency […]
The national bank regulator this week announced that Monica Fuentes Freas has been selected as the agency’s Deputy Comptroller for Large Bank Supervision (LBS), a post she held previously in acting capacity. Freas will manage […]
The resumption this month of federal student loan repayments may lead to difficulty for credit union members in their ability to repay other outstanding loans, and the federal credit union regulator said in a letter […]
Simplification of rules for federal savings insurance at credit unions is one of three topics on the federal credit union regulator’s board agenda for the meeting of Oct. 19, the agency said Thursday. The National […]
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