CFPB

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[ February 25, 2025 ] Banks bump up profitability in fourth quarter with net income of $66.8 billion; ROA also sees a jump FDIC
[ February 25, 2025 ] Report on credit unions’ federal share insurance fund slated Thursday NCUA
[ February 21, 2025 ] Report: NCUA management agrees to seek improved examiner-in-charge rotation policy compliance NCUA
[ February 21, 2025 ] FDIC updates list of entities seeking brokered deposits ‘primary purpose’ exception FDIC
[ February 20, 2025 ] GAO urges regulators to adopt rules on executive incentive compensation (after 14 years) FDIC

Trump, in executive order, asserts control over all agencies, including ‘so-called independent’ ones

February 19, 2025 0

The heads of federal agencies and departments can expect to see guidance from the Office of Management and Budget (OMB) in the near future on implementation of a new executive order that seeks to ensure […]

Jonathan McKernan, recently resigned from FDIC, is nominated to head CFPB

February 12, 2025 0

One day after he posted on a social media site that he had resigned his post from one agency board, Jonathan McKernan was nominated by President Donald Trump (R) to a five-year term as head […]

Reports: CFPB’s newest acting director shutters HQ for a week; employees union sues

February 10, 2025 0

As an employees union pursues a lawsuit against Consumer Financial Protection Bureau (CFPB) leadership over an ordered halt to enforcement work and a one-week closure of its headquarters, the agency’s website, despite scattered reports to […]

Trump’s 10-for-1 deregulation order specifies executive agencies, though others may fall in line

February 5, 2025 0

An executive order issued last week by President Donald J. Trump (R) requires executive departments and agencies to identify at least 10 existing rules to be repealed for every new one they propose, though it […]

UPDATED: Treasury Secretary takes reins at CFPB after previous director fired; all work stopped

February 3, 2025 0

In 24 words, the new acting director of the federal consumer financial protection agency Monday outlined his approach to leading the agency on a part-time basis – as he also remained secretary of the Treasury. […]

CFPB publishes annual list of consumer reporting companies, large and small

January 30, 2025 0

An updated list identifying dozens of specialty consumer reporting companies as well as the three nationwide firms – Equifax, TransUnion, and Experian – was released Thursday by the Consumer Financial Protection Bureau (CFPB), along with […]

Military borrowers for cars pay more, longer, report asserts

January 30, 2025 0

Military borrowers typically have larger loans, make smaller down payments, and ultimately shoulder higher monthly costs in the car-lending market, the federal consumer financial protection agency said Wednesday. In a report, the Consumer Financial Protection […]

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Banks bump up profitability in fourth quarter with net income of $66.8 billion; ROA also sees a jump

February 25, 2025 0

Net income of $66.8 billion for the fourth quarter of last year was posted by the nation’s banks, the federal insurer of bank deposits said Tuesday, while also noting that return on assets (ROA) – the basic yardstick of profitability [...]
Report on credit unions’ federal share insurance fund slated Thursday

February 25, 2025 0

No regulatory action items are on the brief agenda for Thursday’s open meeting of the National Credit Union Administration (NCUA) Board, though the board is slated to receive a report on the federal share insurance fund and reveal who will [...]
Report: NCUA management agrees to seek improved examiner-in-charge rotation policy compliance

February 21, 2025 0

A self-initiated audit of the agency’s compliance with its examiner-in-charge rotation policy and procedures found rotation occurred but identified several instances where it did not comply, according to a report by the agency’s inspector general office. The report by the [...]
FDIC updates list of entities seeking brokered deposits ‘primary purpose’ exception

February 21, 2025 0

After a long pause, the federal bank deposit insurer has resumed updating its list of notices of entities seeking a “primary purpose” exception under the agency’s brokered deposits regulation. Specifically, the four firms listed are seeking a primary purpose exception [...]

Trump, in executive order, asserts control over all agencies, including ‘so-called independent’ ones

Jonathan McKernan, recently resigned from FDIC, is nominated to head CFPB

Reports: CFPB’s newest acting director shutters HQ for a week; employees union sues

Trump’s 10-for-1 deregulation order specifies executive agencies, though others may fall in line

UPDATED: Treasury Secretary takes reins at CFPB after previous director fired; all work stopped

CFPB publishes annual list of consumer reporting companies, large and small

Military borrowers for cars pay more, longer, report asserts

Consumer account access, ‘debanking’ are key topics of February bureau council meetings

Another freeze on regulations ordered by Trump, pending rule review by his appointees

CFPB: TransUnion subsidiary agrees to not seek any bureau contracts for 3 years

Banks bump up profitability in fourth quarter with net income of $66.8 billion; ROA also sees a jump

Report on credit unions’ federal share insurance fund slated Thursday

Report: NCUA management agrees to seek improved examiner-in-charge rotation policy compliance

FDIC updates list of entities seeking brokered deposits ‘primary purpose’ exception