Another markup of legislation will feature multiple bills — including those amending mortgage lending fee definitions, sharing with states of examination information, and protection of financial technology and digital currencies – has been scheduled for […]
A rule requiring credit unions to adopt “risk-based capital” in 2019 would be delayed by two years under legislation agreed to by the House Wednesday. The Foreign Investment Risk Review Modernization Act of 2018 (H.R. […]
A $15 billion spending-cuts bill that takes funds from two Treasury Community Development Financial Institution (CDFI) Fund programs was approved by the House late Thursday on a close vote of 210-206, with 19 Republicans among […]
The House Financial Services Committee on Thursday marked up a bill to give financial institutions a safe harbor for maintaining certain, suspicious accounts; and another largely removing the Federal Insurance Office’s (FIO) current focus on […]
Effective dates for provisions in the newly enacted “Economic Growth, Regulatory Relief and Consumer Protection Act” (S.2155, signed into law by President Donald Trump last week, May 24) are varied and wide ranging, a review […]
A financial institutions “regulatory relief” bill that exempts more banks from proprietary trading restrictions, waives certain mortgage lending rules and eases some banks’ stress-test and capital requirements was signed into law by President Donald Trump Thursday […]
Several provisions for reforming the federal consumer financial protection bureau – and reflecting proposals made by the acting director of the agency this spring – are included in a financial services appropriations bill that is […]
Three bills (out of five total) affecting federal financial institution regulation were in the process of being marked up Tuesday in the House Financial Services Committee; however, other business in the House (including roll call […]
A Senate-passed “regulatory relief” package that would exempt more banks from the Volcker rule, ease certain mortgage rules and more is slated for action in the House next week. The House Rules Committee meets Monday […]
Hearings, meetings and a Federal Reserve Board member’s speech are among the events on tap for the federal financial institution regulators’ public calendar next week, on subjects ranging from “customer due diligence” to Community Reinvestment […]
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