Calling them “comprehensive new rules for the investment and trading activity of senior officials,” the Federal Reserve’s rate-setting committee announced Friday it has adopted new regulations aimed at clamping down on investment activity by key […]
With a public service loan forgiveness (PSLF) waiver for student loan borrowers set to expire this Oct. 31, the agency charged with consumer financial protection said Friday it will be prioritizing its supervision of student […]
Engaging in research and experimentation with new technologies – such as a U.S. central bank digital currency (CBDC) – and “consulting closely with public and private sector partners” are both parts of the Federal Reserve’s […]
Readiness for crises, cybersecurity for banks and third-party service providers, and support for underserved communities in banking are the three top challenges for the federal deposit insurance agency, according to report issued Thursday by its […]
A brief list of January enforcement actions released Thursday by the Comptroller of the Currency includes no civil money penalty assessments, cease-and-desist orders, or removal/prohibition orders against institution-affiliated persons. The list of four actions taken […]
A “pipeline” of new loans and securitizations reflects a shift away from a now-defunct interest reference rate toward a replacement rate, according to a group that helped set up and introduce the replacement. In a […]
Seven credit unions failed in 2021, costing the federal credit union savings insurance fund more than $5 million, the agency that oversees the fund said Wednesday. While the seven failures were the most in three […]
Credit unions with $15 billion and more in assets would be subject to supervision by a special office of their federal regulator that supervises large federally insured credit unions (FICUs) under a proposal issued Thursday […]
The appraisal subcommittee of the umbrella group for federal financial regulators will meet Feb. 23 to discuss its budget and the seven-hour update course on professional standards for appraisers, the group said Wednesday. The meeting […]
Direct public petitions for rulemaking, or changes to rules, will now be part of the federal consumer financial protection agency’s regulatory process, the agency announced Wednesday, along with more transparency for former federal employees and […]
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