A central bank digital currency’s (CBDC) possible benefits, risks and tradeoffs for the U.S. should continue to be researched – but “potential uses” remain unclear, a member of the Federal Reserve Board said Tuesday. Speaking […]
Coordination between state and federal banking regulators will be on the agenda for a Wednesday meeting between state regulators and their counterparts from the federal bank deposit insurance agency, it was announced Monday. The Federal […]
Simplification of rules for federal savings insurance at credit unions is one of three topics on the federal credit union regulator’s board agenda for the meeting of Oct. 19, the agency said Thursday. The National […]
The national bank regulator this week announced that Monica Fuentes Freas has been selected as the agency’s Deputy Comptroller for Large Bank Supervision (LBS), a post she held previously in acting capacity. Freas will manage […]
Comments on proposed guidelines issued Oct. 3 on corporate governance and risk management for insured depository institutions with total consolidated assets of $10 billion or more are due to the federal bank deposit insurance agency […]
Submissions for the 12th Consumer Research Symposium, slated for March 15, 2024, are due to the Federal Deposit Insurance Corp. (FDIC) by Oct. 27, the agency said in a reminder notice this week. The symposium, […]
The resumption this month of federal student loan repayments may lead to difficulty for credit union members in their ability to repay other outstanding loans, and the federal credit union regulator said in a letter […]
The president’s nominee to a six-year term on the National Credit Union Administration (NCUA) Board is slated to testify before the Senate Banking Committee Oct. 19, according to the committee’s website. Tanya Otsuka, nominated Sept. […]
The board of the federal credit union regulator will hold 11 meetings in the upcoming year, keeping with its tradition of skipping a meeting in the late summer months. In releasing its meeting schedule for […]
The Equal Credit Opportunity Act’s (ECOA) protections against discrimination apply regardless of a credit applicant’s immigration status, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) underscored in a joint statement Wednesday. […]
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