Banks should pursue “pro-consumer” changes to their overdraft programs, the acting comptroller of the currency wrote in an article appearing Monday in a trade journal, reiterating a warning he issued to banks earlier this month. […]
Rubbing elbows with royalty is apparently one of the perks of being acting comptroller of the currency, as the incumbent Wednesday met with the queen of the Netherlands to talk financial health and inclusion. The […]
A notice of proposed rulemaking on modernized Community Reinvestment Act (CRA) requirements will be released jointly in the “not-too-distant future” by the three federal bank regulators, the Acting Comptroller of the Currency said Monday. Michael […]
The day before a Senate committee considers the nominations of five prospective members of the Federal Reserve Board – including the chair and both vice chairs, federal financial institution regulatory agencies find themselves with tenuous […]
The lack of standards and controls in the cryptocurrency space suggest that a cautious and careful approach is warranted to cryptocurrencies, the top regulator of national banks said Thursday. In a speech to the BritishAmerican […]
Lauren Oppenheimer is the chief of staff to the leader of the national bank regulator, the agency said Tuesday, advancing after joining the staff just six months ago. According to the Office of the Comptroller […]
Framework guidance for dealing with climate change risk management “supervisory expectations” will be released this year, the acting head of the regulator of national banks said Monday, following a “range of practices” review that will […]
Anyone in banking who thinks some form of LIBOR will remain available as a reference rate despite its scheduled expiration has another thing coming, the chief of the Office of the Comptroller of the Currency […]
“Reputable members” of the U.S. blockchain and cryptocurrency industry have the opportunity to avoid the troubles that beset past financial innovations – such as the derivative industry – by looking to the past, particularly the […]
Strengthening, not just modernizing, anti-redlining rules will be necessary to reduce economic inequality and foster trust, the nation’s national bank regulator said Wednesday. In remarks to a Washington group that includes as members bankers, regulators, […]
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