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[ April 16, 2025 ] Credit union regulator cancels Thursday board meeting after Trump fires panel’s 2 Democrats NCUA
[ April 16, 2025 ] Tariffs likely to ignite higher inflation, slower growth, Fed chair reports; temporary, or more persistent is uncertain The Fed
[ April 16, 2025 ] National regulator reaffirms bank partnerships with fintechs, promotes ‘responsible’ digital asset use in remarks OCC
[ April 16, 2025 ] OCC reorganizes bank supervision, info technology functions OCC
[ April 15, 2025 ] OCC contends February security breach was limited in scope; continues review of systems OCC

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Credit union regulator cancels Thursday board meeting after Trump fires panel’s 2 Democrats

April 16, 2025 0

The National Credit Union Administration (NCUA) canceled its open board meeting slated for Thursday after the White House Wednesday fired Democrats Todd Harper and Tanya Otsuka from their seats on the board. The firings, reported by industry trade publications, including [...]
Tariffs likely to ignite higher inflation, slower growth, Fed chair reports; temporary, or more persistent is uncertain

April 16, 2025 0

Elevated levels of unemployment or inflation can be damaging and painful for communities, families, and businesses, the chair of the nation’s central bank said Wednesday as he pointed to higher tariffs that are likely to cause higher inflation and slower [...]
National regulator reaffirms bank partnerships with fintechs, promotes ‘responsible’ digital asset use in remarks

April 16, 2025 0

Embracing bank-fintech partnerships and expanding “responsible bank activities involving digital assets” are two of the top four priorities of the acting leader of the national bank regulator, he told a Washington group Wednesday. Speaking before the Exchequer Club (a Washington-based [...]
OCC reorganizes bank supervision, info technology functions

April 16, 2025 0

The national bank regulator on Wednesday announced it was combining its midsize and community bank supervision and large bank supervision functions to create a new bank supervision and examination “line of business.” It said it is also reinstating its chief [...]
OCC contends February security breach was limited in scope; continues review of systems

April 15, 2025 0

A February security breach at the national bank regulator affected an account that “existed solely” in the cloud environment, with no evidence of compromise “affecting other accounts in the tenant,” the regulator said in a letter to banks it released [...]
Appraisal requirements paused nearly three years for real estate deals in LA wildfire zones

April 15, 2025 0

Certain appraisal requirements for real estate-related transactions are temporarily paused to help facilitate recovery efforts in areas affected by the Los Angeles County wildfires earlier this year, the three federal banking agencies and the federal credit union regulator said Tuesday. [...]
Corresponding with FDIC on supervisory stuff? Electronic communications preferred (permanently)

April 15, 2025 0

Electronic communications for supervisory correspondence is now the permanent, preferred method for the federal bank deposit insurance agency, it said Tuesday. In March 2020, the Federal Deposit Insurance Corp. (FDIC) began using electronic communications from and to banks for supervisory [...]