Describing banking conditions across as the nation as “mostly subdued,” the Federal Reserve released its July Beige Book Wednesday, which also described construction as slightly down. The Beige Book, a compilation of economic reports from […]
Three nominees to the Federal Reserve Board – including a new vice chair – were approved by the Senate Banking Committee Wednesday for consideration of confirmation by the full Senate. The committee approved the nomination […]
Permission to close offices in areas affected by flooding in Vermont was issued by the national bank regulator Wednesday to national banks, federal savings associations, and federal branches and agencies of foreign banks. The Office […]
Input is due Sept. 11 on a request for information about medical payment products, patients’ experiences with them, and health care providers’ incentives to offer the high-cost products to patients, according to a notice in […]
Title: Request for Information Regarding Medical Payment Products Subject: Medical payment products Agency: CFPB, Treasury, Centers for Medicare & Medicaid Services Status: Request for information Summary: The CFPB, an independent agency, HHS, and the […]
Penalties and restitution totaling more than $160 million against Bank of America for assessments of allegedly illegal overdraft and insufficient funds fees were announced Tuesday by the regulator of national banks and the federal consumer […]
The failure of three, large regional banks in March and May were the products of those banks having insufficient capital, according to the Federal Reserve’s top supervisor, who outlined bank capital reform proposals in a […]
Credit cards and loans, often with high interest rates, allegedly pushed onto patients to pay for their health care costs are under scrutiny by three federal agencies, including the consumer financial protection group. The three […]
Comments are due Aug. 28 on the federal credit union regulator’s June proposal to clarify requirements for a credit union to receive and maintain a “minority depository institution” designation, according to a recent notice in […]
Title: Minority Depository Institution Preservation Program Subject: Minority depository institutions Agency: NCUA Status: Proposed IRPS amendments Summary: The NCUA Board is issuing proposed revisions to Interpretive Ruling and Policy Statement (IRPS) 13–1, regarding the […]
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