Nominations of Richard Clarida and Michele “Miki” Bowman for seats on the Federal Reserve Board of Governors were recommended for confirmation by the Senate Banking Committee Tuesday on partisan lines. The committee voted in executive […]
Federal Reserve Board nominations, congressional testimony by the regulator of national banks, and central bank and credit union regulator board meetings are among the items making news in the week ahead for federal financial regulators. […]
Coming to grips with digital communications (such as websites), the three federal banking agencies are proposing a new policy statement to assure their coordination of enforcement actions after the regulators’ umbrella group dropped a requirement […]
Banks and thrifts that join the Federal Deposit Insurance Corp. (FDIC) Money Smart Advance Team (MSAT) will get early access to the instructor-led Money Smart for Adults curriculum slated for release this September, the FDIC […]
A “request for information” about the rulemaking processes of the federal consumer financial agency generated just more than 70 comments at the close of the comment date – one of the lesser volumes of letters […]
A $15 billion spending-cuts bill that takes funds from two Treasury Community Development Financial Institution (CDFI) Fund programs was approved by the House late Thursday on a close vote of 210-206, with 19 Republicans among […]
A final rule to establish single-counterparty credit limits for large U.S. bank holding companies and foreign banking organizations, along with a related regulatory reporting proposal, is scheduled for Federal Reserve Board action during a June […]
The House Financial Services Committee on Thursday marked up a bill to give financial institutions a safe harbor for maintaining certain, suspicious accounts; and another largely removing the Federal Insurance Office’s (FIO) current focus on […]
Results from stress tests and capital analysis for banks will be released in two and three weeks, respectively, the Federal Reserve said Thursday. The results from the latest supervisory stress tests conducted as mandated by […]
End-of-year credit card borrowing and repayment of credit card balances in the new year is the focus of the bureau’s latest quarterly consumer credit trends report, released Friday by the federal consumer financial protection agency. […]
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