Top headlines in today’s news …
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 […]
Final rules on voluntary mergers and credit union membership are on the agenda for the National Credit Union Administration (NCUA) Board meeting June 21. The board will also hear briefings on the modernization of its […]
Legal haggling over the federal consumer financial protection agency’s regulation of payday loans took a new turn in federal court in Texas Tuesday when a district court judge found the regulation’s effective date remains in […]
An 18-month review of account opening activities at more than 40 national banks in the wake of the Wells Fargo fiasco identified some 20,000 accounts that were opened under questionable circumstances, Comptroller of the Currency […]
Modernizing the regulatory approach to community reinvestment and making anti-money laundering compliance more efficient are among the priorities for the federal regulator of national banks, he told a House panel Wednesday. In prepared testimony, Comptroller […]
Treasury’s financial crimes unit on Tuesday issued an advisory to warn U.S. financial institutions about the connection between corrupt senior foreign political figures and their enabling of human rights abuses, how they seek to use […]
An outward sign of the name change at the federal consumer financial protection agency has literally come to pass – with a new emblem emblazoned on the agency’s headquarters. Monday, a sign using the acronym […]
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 […]
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