Michael S. Barr was sworn in Tuesday as vice chair for supervision and a member of the Federal Reserve Board, with the oath of office administered by Fed Chair Jerome H. (“Jay”) Powell, the Fed […]
The federal bank deposit insurer on Friday issued a letter detailing regulatory relief for financial institutions in areas of Oklahoma affected by a severe storm, tornadoes, and flooding. Financial Institution Letter (FIL-31-2022) issued by the […]
Anyone wishing to comment on the federal consumer financial protection agency’s advance notice of proposed rulemaking (ANPR) on credit-card late fees has an additional 10 days from the original comment deadline, according to a notice […]
The due date and process for the filing of banks’ consolidated reports of condition and income (or call reports), including some direction related to crypto-assets and derivatives hedging, are outlined in a Financial Institution Letter […]
Title: The Fair Credit Reporting Act’s Limited Preemption of State Laws Subject: FCRA; limited preemption of state law Agency: CFPB Status: Interpretive rule Summary: States play an important role in the regulation of consumer reporting. […]
Title: Fair Credit Reporting; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports Subject: FCRA; consumer credit reports Agency: CFPB Status: Advisory opinion Summary: The Consumer Financial Protection Bureau (Bureau) is issuing this advisory opinion […]
Of the 18 banks whose Community Reinvestment Act (CRA) evaluation ratings became public in June, five of them received ratings of “outstanding,” with the rest given ratings of “satisfactory,” the national bank regulator said Friday. […]
A call for applications from technical experts to support the agency’s work in consumer financial protection supervision and policymaking was issued this week by the Consumer Financial Protection Bureau (CFPB). In a blog post Thursday, […]
Title: Ensuring Responsible Development of Digital Assets; Request for Comment Subject: Digital assets Agency: Treasury Department Status: Request for comment Summary: This notice invites interested members of the public to provide input pursuant to Executive […]
A Treasury Department request for comment on the implications of development and adoption of digital assets and changes in financial market and payment infrastructures is slated for publication Friday in the Federal Register. Comments are […]
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