Payments of $337 million to fund the Consumer Financial Protection Bureau (CFPB), and about $65.4 billion to the U.S. Treasury, were provided by the 12 Federal Reserve Banks last year, according to preliminary results issued […]
Twenty-four leaders from banking, industry, academia, entertainment and other disciplines were named as chairs or deputy chairs of the 12 Federal Reserve Banks Wednesday, with 11 of the leaders renamed to continuing roles in leading […]
A proposed capital rule for insurance thrift holding companies is expected to be released in the “not-too-distant future,” the Federal Reserve’s top supervision official told an insurance industry group meeting Wednesday in Naples, Fla. Randal […]
Chau Do has been named deputy comptroller for the risk analysis division of the Office of the Comptroller of the Currency (OCC), the agency said in a release Wednesday. Do assumed her new duties Dec. […]
A proposal to modify banks’ company-run stress testing requirements to conform with the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155) was issued Tuesday by the Federal Reserve Board with a public […]
Supervisory priorities and examination plans affecting federally insured credit unions in 2019 – including full implementation of an extended exam cycle for certain well-run institutions – are outlined in a Letter to Credit Unions issued […]
The federal credit union regulator’s industry-facing and consumer-facing websites have been redesigned with the aim of making it easier for credit unions and consumers to find relevant information, the agency said in a release Tuesday. […]
A $676 million bank in Andrews, Texas, has been ordered by the Federal Reserve Board and the Texas Department of Banking to undertake numerous actions to correct its violations of Bank Secrecy Act/anti-money laundering (BSA/AML) […]
Consumer reporting agencies will be able to charge up to $12.50 to provide a consumer with his or her credit report in 2019 under a rule change signed Dec. 21 by Consumer Financial Protection Bureau […]
One of President Donald Trump’s nominees to be a Federal Reserve Board governor has withdrawn her name from further consideration, the White House announced Monday, according to reports. Jean Nellie Liang told the White House […]
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