Contracts by nonbanks that claim to waive or limit consumer rights and protections – including bankruptcy and liability amounts – would be subject to a public registry of terms and conditions under a proposal issued […]
The Federal Reserve is not, “and will not be,” a “climate policymaker,” the chairman of the agency’s board told a conference in Sweden early Tuesday In a speech to the Symposium on Central Bank Independence […]
Crypto and digital assets, innovation in payments, climate change supervision, and changes to anti-redlining rules are among the items on the agenda for the Federal Reserve in the upcoming year, according to a member of […]
Four recommendations aimed at strengthening the federal credit union regulator’s Continuity of Operations Program (COOP) are laid out in an inspector general report following an audit of all COOP program activities from Jan. 1, 2018, […]
Collection of data on certain repurchase agreement (repo) transactions was proposed Thursday by the Treasury’s financial research arm with an aim at improving transparency, the agency said. The Office of Financial Research (OFR) said it […]
The chairman, and new vice chairman and member, of the board were sworn in Wednesday at the federal bank deposit insurance agency, beginning terms running, respectively, five years, six years and about 17 months – […]
Findings of loan fraud related to the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act and misappropriation of bank funds are the basis of two consent prohibition orders against former bank employees announced Thursday […]
Guarding against complacency, addressing inequality, adapting to digitalization, and managing climate risk are the top priorities for the leader of the national bank regulator, which are reflected in the agency’s 2022 annual report issued Thursday. […]
Misrepresenting the cost of credit and tricking customers into high-cost loans on used cars are charges leveled against a Michigan auto lender by the New York Attorney General and the federal consumer financial protection agency […]
Public sections of resolution plans for 21 large financial institutions were released Wednesday by the federal deposit insurance agency, which said that was its way of fostering transparency of the plans. The Federal Deposit Insurance […]
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