Top headlines in today’s news …
The impact on credit unions of recently enacted regulatory relief legislation has been developed as a “frequently asked questions” list by the credit union federal regulator and posted by the agency on its website Tuesday. […]
Bank lending standards for financing home and auto purchases remained little changed, but benchmarks for commercial and industrial (C&I) loans were eased, according to results of a second-quarter survey of senior bank loan officers released […]
For the first time this year, a bank received a rating of “substantial non-compliance” for its fulfilment of requirements under federal community reinvestment rules, the federal bank deposit insurance agency reported Friday. The Federal Deposit […]
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 […]
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