Stablecoins and their usage should be subject to a standard-setting initiative similar to that undertaken by bodies that set touchstones for the Internet, the leader of the regulator of national banks said Wednesday. In a […]
Lael Brainard will be the next vice chair of the Federal Reserve Board following a 52-43 vote by the Senate Tuesday. However, a vote for another member of the Fed Board was unclear Tuesday after […]
A new executive secretary for the board of the federal insurer of bank deposits was appointed Monday who formerly served an international group of deposit insurance agencies as counselor. The Federal Deposit Insurance Corp. (FDIC) […]
Confirmation of two nominees for positions on the Federal Reserve Board may be considered early this week under a schedule set by the Senate majority leader. Under the Senate’s Executive Calendar for Monday, the Senate […]
Nonbank financial companies that pose a risk to consumers will be examined by the federal consumer financial protection agency under a seldom used legal provision, the agency said Monday, adding it will propose a rule […]
An ad-hoc release of further materials for complying with anti-redlining rules was issued Thursday by the umbrella group for federal financial regulators, the group announced. According to the Federal Financial Institutions Examination Council (FFIEC), the […]
Charging that the company ignored warnings to stop – while stranding customers waiting for their money – the federal consumer financial protection agency and New York State Thursday announced they had jointly sued one of […]
Another two Russian financial companies – including a commercial bank – were sanctioned Wednesday by Treasury’s foreign financial assets control office, which cited the firms’ efforts to evade previously imposed sanctions on other institutions. The […]
Milwaukee, Wis., is the latest addition to a program of the national bank regulator aimed at improving financial access to capital for minority-owned and small businesses, and affordable home ownership, the agency said Wednesday. The […]
A rising volume of coercive credit reporting and privacy intrusions based on unverified and inaccurate medical billing have been reported by consumers in their complaint calls made to the federal consumer financial protection agency, it […]
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