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 […]
A final rule on false advertising, misrepresentation of insured status, and misuse of the logo of the federal insurer of bank deposits is up for consideration at a meeting of the agency’s board May 17 […]
Lisa DeNell Cook will be the next governor of the Federal Reserve Board once she is sworn in, following a confirmation vote by the full Senate Tuesday. Cook was confirmed by a vote of 50-50, […]
Some lending terms in the first quarter of the year were eased for commercial real estate (CRE) loans of all categories, as were standards for consumer loans – including residential real estate (RRE) lending, home […]
If your rolodex includes a street address for the national bank regulator’s consumer assistance group (CAG), it’s time to make a change – to a post office box, the agency said Monday. Banks and savings […]
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