Top headlines in today’s news …
A regulation on risk-based capital would become effective in 2020, rather than 2019, under a proposal issued Thursday for a 30-day comment period by the federal regulator of credit unions. Additionally under the proposal, the […]
The Senate Banking Committee Wednesday postponed Thursday votes on nominations for Kathleen “Kathy” Kraninger to be director of the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB), and five others, as the […]
Calling it an important step to “promote innovation in the financial services marketplace,” the acting director of the federal consumer financial protection agency late Tuesday praised action by the Treasury Department and the regulator of […]
Barely four hours after a Treasury report was issued calling for a national charter for financial technology (fintech) companies, the regulator of national banks Tuesday announced it was accepting applications for charters for the non-bank […]
The Treasury Department on Tuesday released its fourth and final report in a series that responds to the president’s 2017 executive order focusing on regulatory core principles, with this one offering recommendations to “support nonbank […]
Two out of the top three topic areas of the recently concluded “call for evidence” by the federal consumer financial protection agency about how it is performing its role were the subject of roundtables held […]
Two proposed rules – on risk-based capital, and on clarifying existing rules for loans to members – and a final rule on suspension and debarment procedures for agency contractors will be considered by the federal regulator of […]
A House-Senate conference panel has reached agreement on fiscal 2019 defense authorization that excludes a House-passed provision requiring the Department of Defense (DoD) to allow banks to operate on military installations rent-free — but also […]
Bills to amend the definition of mortgage lending fees, allow the sharing of service company examination information with states, and protect financial technology and digital currencies were marked up and approved Tuesday by the House […]
Federal Reserve Board Vice Chairman for Supervision Randal K. Quarles was sworn in to a 14-year term as a member of the board Monday. The oath of office was administered by Fed Chairman Jerome (“Jay”) […]
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