Tokenization of “real-world” financial assets and liabilities will be the topic of a symposium set for early next year by the regulator of national banks, the agency said Wednesday. The Office of the Comptroller of […]
The latest issue of the Survey of Consumer Finances (SCF) – for 2022 – was released Wednesday by the Federal Reserve, covering changes in family finances from 2019-22, changes in racial inequality, and families’ financial […]
Lending was down slightly according to bankers who reported to the Federal Reserve’s latest Beige Book, released Wednesday. According to the publication – which reports information collected on or before Oct. 6 – the Fed […]
A central bank digital currency’s (CBDC) possible benefits, risks and tradeoffs for the U.S. should continue to be researched – but “potential uses” remain unclear, a member of the Federal Reserve Board said Tuesday. Speaking […]
Cheating users on international money transfers is alleged in a complaint issued Tuesday against a widely used mobile app by the federal consumer financial protection agency. In a release, the Consumer Financial Protection Bureau (CFPB) […]
Coordination between state and federal banking regulators will be on the agenda for a Wednesday meeting between state regulators and their counterparts from the federal bank deposit insurance agency, it was announced Monday. The Federal […]
Simplification of rules for federal savings insurance at credit unions is one of three topics on the federal credit union regulator’s board agenda for the meeting of Oct. 19, the agency said Thursday. The National […]
Penalties of $23 million against a subsidiary of one of the big three credit reporting agencies were announced by two federal agencies Thursday for actions that include failing to ensure accurate rental background checks and […]
The board of the federal credit union regulator will hold 11 meetings in the upcoming year, keeping with its tradition of skipping a meeting in the late summer months. In releasing its meeting schedule for […]
More shade was cast on new banking regulations Wednesday in the wake of failures of three regional banks last spring by a governor of the Federal Reserve, who had made similar remarks the prior day. […]
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