Top headlines in today’s news …
A notice of proposed rulemaking on modernized Community Reinvestment Act (CRA) requirements will be released jointly in the “not-too-distant future” by the three federal bank regulators, the Acting Comptroller of the Currency said Monday. Michael […]
The day before a Senate committee considers the nominations of five prospective members of the Federal Reserve Board – including the chair and both vice chairs, federal financial institution regulatory agencies find themselves with tenuous […]
“Stress tests” are upcoming for covered institutions, and the regulator of national banks and the Federal Reserve released resources for dealing with the tests late Thursday. The Fed released the hypothetical scenarios for its annual […]
“Predatory lending has no place in the federal banking system,” the head of the national banking regulator said Wednesday in response to a federal court ruling upholding his agency’s rule on permissible interest on transferred […]
Strengthening anti-redlining rules, addressing risks posed by climate change and reviewing bank merger rules are all priorities listed for the year ahead by the now-acting chairman of the board of the federal bank deposit insurance […]
Twelve days after a confirmation hearing to consider the nominations of three to the Federal Reserve Board, the Senate panel charged with making a recommendation to the full Senate will take a vote on that […]
Federal Reserve policymakers may be on the verge of raising interest rates to deal with rising inflation – by March, that is – but financial stability continues to be solid, the chairman of the agency […]
Diversity – not in the context of race or culture, but in geography and professional experience – may be the hurdles that at least one senator insist be cleared before four Federal Reserve nominees get […]
Pros and cons of a U.S. central bank digital currency (CBDC) are examined in a discussion paper released by the Federal Reserve Thursday, the agency said, which also seeks public comment. The Fed described the […]
A 2019 taskforce established by the federal consumer financial protection agency, ostensibly focusing on federal consumer financial law, did not comply with federal “sunshine” law requirements and the report of the group, issued about a […]
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