Title: Fair Credit Reporting; Facially False Data Subject: FCRA Agency: CFPB Status: Advisory opinion Summary: The Consumer Financial Protection Bureau (Bureau) is issuing this advisory opinion to highlight that a consumer reporting agency that does […]
Citing a commitment to military families, the Office of the Comptroller of the Currency (OCC) said Tuesday that it joined the Military Spouse Employment Partnership (MSEP), a Department of Defense program that connects military spouses […]
The federal bank deposit insurer is extending some regulatory relief to financial institutions to facilitate recovery in areas of Illinois affected by severe storms and flooding, the agency said Tuesday. The Federal Deposit Insurance Corp. […]
The national rate of households that lacked a bank or credit union account fell 0.9 percentage points to 4.5%, or 5.9 million households, from 2019 to 2021 – the lowest unbanked rate since the 2009 […]
Title: Resolution-Related Resource Requirements for Large Banking Organizations Subject: Large-bank resolutions Agency: FDIC, Federal Reserve Status: Advance notice of proposed rulemaking Summary: The Board of Governors of the Federal Reserve System (Board) and Federal Deposit […]
A proposal that, among other things, would add the federal bank deposit insurer’s ombudsman to the agency’s Supervisory Appeals Review Committee (SARC) as a nonvoting member is out for public comment until Nov. 21, according […]
The facility created by Congress to serve as a source of liquidity for credit unions experiencing unusual or unexpected liquidity shortfalls ended the third quarter with total assets of 1.243 billion, the federal credit union […]
The governing board of the federal agency that regulates credit unions on Thursday adopted a new enterprise risk appetite statement that provides agency management and staff guidance on how much risk the agency is willing […]
The “modest” national economic activity cited in the Federal Reserve’s latest Beige Book – a report compiling anecdotal information collected on or before Oct. 7 from contacts outside the Federal Reserve System – included declining […]
The three advisory committees that give consumer, community bank, and credit union perspectives to the Consumer Financial Protection Bureau (CFPB) on its actions under federal consumer financial laws are set to hold online public meetings […]
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