Top headlines in today’s news …
The former acting director of the federal consumer financial protection agency may have moved on to become acting White House Chief of Staff, but his actions at the agency are squarely in the crosshairs of […]
The first in a series of articles on financial conditions and experiences of consumers and communities – beginning with the impact of student loan debt on homeownership and “rural brain drain” – was launched Wednesday […]
A new Financial Institution Letter (FIL) to banks and savings institutions supervised by the Federal Deposit Insurance Corp. (FDIC) was issued Tuesday on fourth-quarter 2018 call reports, with highlights focused on the call report due […]
The U.S. Supreme Court on Monday declined to review a Texas bank’s claim that the Consumer Financial Protection Bureau (CFPB) is unconstitutional. Supreme Court Justice Brett Kavanaugh, who as a D.C. Circuit court judge opined […]
All federal financial institution regulatory agency leaders are being urged to “consider the needs of consumers who may be experiencing temporary financial hardship in meeting credit obligations as a result of the Trump shutdown” by […]
A May 2018 report on a now-closed inspector general investigation into an anonymous complaint that the National Credit Union Administration (NCUA) Board chairman and the agency’s chief of staff incur “extravagant” travel expenditures was published, […]
Assessments of two Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) rules issued under the 2010 financial reform law focusing on home loan affordability and servicing were announced Thursday by the […]
The importance of the Federal Reserve having relationships with the “other independent regulatory agencies” the Congress and the administration – and the need for transparency and accountability – were outlined by the chairman of the […]
Payments of $337 million to fund the Consumer Financial Protection Bureau (CFPB), and about $65.4 billion to the U.S. Treasury, were provided by the 12 Federal Reserve Banks last year, according to preliminary results issued […]
A proposal to modify banks’ company-run stress testing requirements to conform with the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155) was issued Tuesday by the Federal Reserve Board with a public […]
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