The “quiet trustworthiness” of banks in the face of the current “crypto drama” was extolled by the top regulator of national banks Thursday in remarks before a conference focusing on financial literacy issues. Acting Comptroller […]
There is need for more effective oversight of cryptocurrency markets to promote financial stability, according to the U.S. Treasury secretary, who issued a statement Wednesday in the wake of the recent failure of a major […]
Consumer reporting companies and data furnishers continued to violate the Fair Credit Reporting Act (FCRA) by failing to promptly address and update incorrect information on credit reports, according to a report issued Wednesday by the […]
Partnerships between financial technology firms (fintechs) and banks should be subject to enhanced supervision aimed at addressing risks to consumer protection and market integrity, according to a report released Wednesday by the Treasury Department. The […]
Crypto and stablecoins, capital requirements, climate change, bank mergers and more were among the topics that federal financial institution regulators touched on during testimony Tuesday before the Senate Banking Committee. In presenting their testimony for […]
Martin Gruenberg, the current acting chairman of the board for the federal insurer of bank deposits, would become the chairman (no longer temporary) of the agency panel under a nomination issued Monday by the White […]
Elevating fairness – to ensure that the federal banking system provides fair access and treatment, including through enforcement of anti-redlining laws – is a commitment of the national bank regulator, the agency’s top supervisory official […]
The banking system remains financially sound in the face of a changing economy, the Federal Reserve said Thursday, but it also noted that credit risk has increased as exhibited by increased credit loss provisions by […]
Standards for many types of loans tightened in the third quarter, while demand for most of those loans also weakened, according to report issued Monday by the Federal Reserve. The survey also found that two […]
Comparisons of how three international bodies provide metadata for five commonly used asset classes will be available for financial analysts and other users from a third data source added by the Treasury Department’s financial research […]
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