Top headlines in today’s news …
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 […]
Supervisory priorities and examination plans affecting federally insured credit unions in 2019 – including full implementation of an extended exam cycle for certain well-run institutions – are outlined in a Letter to Credit Unions issued […]
“No” was the curt answer to the question of “would you resign if President Trump asked you to” that the chairman of the Federal Reserve Board offered at a Friday morning conference in Atlanta. Chairman […]
“Modernizing” the regulatory approach to evaluating bank and thrift performance under anti-redlining laws, with the aim to “encourage more lending and investment where they are needed most,” is at the top of priorities listed by […]
USAA Federal Savings Bank – one of the largest financial institutions serving active and retired members of the military, and their families – will pay $12 million in restitution and a $3.5 million civil money penalty (CMP) […]
The Senate confirmed 77 presidential nominees by voice vote Wednesday, as it raced to finish its business for the 115th Congress and adjourn, sine die, by noon Thursday – when the 116th Congress takes its place. Not […]
More than four in every five of the workers at the federal consumer financial protection agency acknowledge that the work they do is important (and a similar number say they like the work that they […]
Even though the National Flood Insurance Program (NFIP) is unavailable because of the partial federal government shutdown, banks, savings and loan institutions and others can still make loans, the federal banking regulators said in a […]
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