Top headlines in today’s news …
Mark those calendars for a March 7 hearing about the federal consumer financial protection agency by the U.S. House committee that has top oversight of the agency, according to a schedule released Monday by the […]
Senate committee votes on two nominations to the board of the federal credit union regulatory agency, the Federal Reserve Board chairman’s monetary policy report to Congress, and speeches by the chairman and vice chairman of […]
Nine recommendations aimed at preventing the federal regulator of national banks from becoming the victim of “regulatory capture” in its supervision of large banks are contained in a report released Monday by the congressional watchdog […]
Violations of the Bank Secrecy Act (BSA) and related rules are continuing to be addressed by three federal branches of MUFG Bank Ltd., Tokyo, Japan, under a consent cease-and-desist (C&D) order executed Thursday with the […]
A former official at a non-bank subsidiary of J.P. Morgan Chase & Co. has agreed to a permanent prohibition from banking after allegedly offering internships and other jobs to persons referred by foreign officials in […]
The consumer financial protection agency is required to give a heads-up to select congressional committees when making a request for transfer of funds from the Federal Reserve under legislation signed by the president late last […]
Enhancing oversight of banks’ cybersecurity risk, adapting to financial technology (fintech) innovation, and strengthening information security management at the agency are the top three challenges facing the federal insurer of bank deposits, the agency’s inspector […]
The consumer financial protection agency’s proposals to remove mandatory underwriting provisions of a rule aimed at protecting consumers from abusive payday lending practices, and to delay implementation of those provisions in the meantime, were published […]
Recent reports by a federal watchdog, and coverage in a national newspaper, of questions over spending by top officials at the federal credit union regulator were part of Thursday’s confirmation hearing by a Senate committee, […]
The financial needs of many rural and underserved communities may be overlooked, particularly as banks deploy online and other “non-branch delivery systems,” but revisions to rules implementing anti-redlining law may be a way to encourage […]
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