Top headlines in today’s news …
Nominations were sent to the Senate Wednesday for two individuals recently named by President Donald Trump for positions at the federal consumer financial protection agency and the federal regulator of credit unions. The White House […]
While a strong economy can improve the resilience of the financial system, it can also lead to overconfidence and greater risk-taking, increasing overall vulnerability, the chairman of the U.S. central bank board said Wednesday. However, […]
Comments on a “request for information” (RFI) about “Adopted Regulations and New Rulemaking Authorities” by the federal consumer financial protection agency totaled 134 as of the deadline Tuesday at midnight, according to the website that […]
Stating that he knows his “efforts to rein in the bureaucracy” at the federal consumer financial protection agency would be continued by the person nominated to take his place at the helm of the agency, […]
The new leader of the federal insurer of bank deposits will go on a five-year “listening” tour to determine the impact and future of the agency’s regulatory regime, she said in her first public comments […]
“Globally coordinated” regulation of cryptocurrencies (and cryptoassets) is the only chance for the supervision of the electronic payments to be effective, a report published recently observes. In its Annual Economic Report 2018, the Bank of […]
A former federal credit union regulator would take the place of a current federal credit union regulator if confirmed by the Senate, under an “intention to nominate” announced by the White House Monday. The nomination […]
For Kathleen “Kathy” Kraninger, being nominated by the White House as the next permanent director of the Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB) is another line of government service on her […]
The coming week brings another deadline for comments in the consumer bureau’s series of “call for evidence” requests for information (RFIs), speeches by the top banking regulators, an open credit union agency board meeting and […]
A final rule setting single-counterparty credit limits for bank holding companies and foreign banking organizations with $250 billion or more in total consolidated assets was approved by the Federal Reserve Board Thursday by a unanimous […]
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