Final rules on voluntary mergers and credit union membership are on the agenda for the National Credit Union Administration (NCUA) Board meeting June 21. The board will also hear briefings on the modernization of its […]
Welcoming the regulator of national banks to testify before his committee Thursday, the chairman of the Senate Banking Committee indicated the agency would announce its final plans on a “fintech” charter in July. In opening […]
Legal haggling over the federal consumer financial protection agency’s regulation of payday loans took a new turn in federal court in Texas Tuesday when a district court judge found the regulation’s effective date remains in […]
A civil money penalty of $5 million was assessed against a South Carolina firm and subsidiaries for making improper in-person and telephone collection attempts on consumer installment loans and retail sales installment contracts, the Bureau […]
Modernizing the regulatory approach to community reinvestment and making anti-money laundering compliance more efficient are among the priorities for the federal regulator of national banks, he told a House panel Wednesday. In prepared testimony, Comptroller […]
Look for the White House to unveil its nominee for a permanent director of the federal consumer financial protection agency by the middle of next week, the current acting director said Tuesday – although his […]
A former employee of Regions Bank in Birmingham, Ala., has been prohibited from future involvement with financial institutions for allegedly engaging in improper practices regarding credit origination, the Federal Reserve said Tuesday. Ashley N. Burrus, […]
An outward sign of the name change at the federal consumer financial protection agency has literally come to pass – with a new emblem emblazoned on the agency’s headquarters. Monday, a sign using the acronym […]
Nominations of Richard Clarida and Michele “Miki” Bowman for seats on the Federal Reserve Board of Governors were recommended for confirmation by the Senate Banking Committee Tuesday on partisan lines. The committee voted in executive […]
Federal Reserve Board nominations, congressional testimony by the regulator of national banks, and central bank and credit union regulator board meetings are among the items making news in the week ahead for federal financial regulators. […]
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