Vigorous enforcement of the law will be pursued, but the “costs and benefits to consumers” of enforcement activities and rulemakings will also weighed, according to a memo sent to staff Wednesday by the new director […]
By the Senate’s failure to confirm three nominees for seats on federal financial institution regulator boards before adjourning, the White House now faces at least a half dozen open board seats among three regulatory agencies […]
The Senate confirmed 77 presidential nominees by voice vote Wednesday, as it raced to finish its business for the 115th Congress and adjourn, sine die, by noon Thursday – when the 116th Congress takes its place. Not […]
A former credit union employee who was sentenced to four months’ prison time and ordered to pay more than $460,000 in restitution has been prohibited from participating in the affairs of any federally insured financial […]
More than four in every five of the workers at the federal consumer financial protection agency acknowledge that the work they do is important (and a similar number say they like the work that they […]
Even though the National Flood Insurance Program (NFIP) is unavailable because of the partial federal government shutdown, banks, savings and loan institutions and others can still make loans, the federal banking regulators said in a […]
Reversing a long-standing trend, credit card programs offered with colleges and universities or their affiliated entities increased in 2017, according to a report issued Friday by the federal consumer financial protection agency. In its College […]
Three removal and prohibition orders – and five orders permitting five individuals to work at financial institutions again – were made public by the federal insurer of bank deposits in November, the agency said. The […]
The comment period for a proposal exempting federally supervised banks and savings associations with less than $250 billion in assets from regulators’ company-run stress test requirements begins officially Friday, with the Federal Register publication of the […]
Jonathan Gould is the new chief counsel for the federal regulator of national banks and thrifts, the agency said Wednesday, bringing his experience from the Senate Banking Committee where he also served as chief counsel. […]
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