The congressional watchdog is taking a close look at the federal rulemaking process, including by sending a first-ever survey to more than 10,000 rule commenters, the agency said Thursday. In a release, the Government Accountability […]
The law is clear: the chairman of the Federal Reserve Board has a term to serve out, and he fully intends to serve it, he said Wednesday – despite whatever criticisms the president may throw […]
A Russian financial organization has earned a “designation” from the U.S. government for assisting North Korea in evading sanctions to access the international financial system, the Treasury Department’s arm overseeing foreign operations announced Wednesday. The […]
Eighty-one high school seniors from Washington, D.C., public and charter schools will serve paid summer internships at the regulator of national banks, the agency said Wednesday, in a just-started program. In a release, the Office […]
Michelle (“Miki”) Bowman’s nomination for a full 14-year term on the Federal Reserve Board advanced after a vote by the Senate Banking Committee Tuesday. Bowman, now a member of the board serving a term that […]
Trading revenue ballooned by 141% — to $10 billion – in the first quarter at commercial banks and thrifts, the regulator of national banks reported Tuesday, with only four banks holding nearly 90% of total […]
The White House earlier this year explored a legal way to demote Federal Reserve Board Chair Jerome H. (“Jay”) Powell, as President Donald Trump ramped up his criticism of the central bank leader, it was […]
A streamlined version of the quarterly call report will be allowed for banks and thrifts with less than $5 billion assets that do not engage in “certain complex or international activities” under a final rule […]
A financial institution would have greater ability to share confidential supervisory information (CSI) with its affiliates, auditors, state and federal regulators, and others under a proposal issued Friday by the Federal Reserve. In a notice […]
A credit union service organization must forgive loans worth $168 million under the terms of a settlement that spans 44 states reached with the federal consumer financial protection agency, the agency announced Friday. The Consumer […]
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