The Federal Reserve Board of Governors has created a new supervisory team…
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AB – Policy & Regulation
67 posts
Scott introduces measure to overturn CFPB late fee rule
Senator Tim Scott, R-S.C., who serves as ranking member of the Senate…
Texas judge moves CFPB’s $8 credit card late fee case to DC
A Texas Judge dealt a blow to the credit card industry by…
FDIC OIG says lax lending, poor risk management led to Iowa bank failure
The Federal Deposit Insurance Corp.’s Office of the Inspector General says that…
Fed’s Barr working with Powell to find consensus on Basel III
Michael Barr, Federal Reserve vice chair for supervision, said he is working…
Regulators are taking on nonbanks — a little bit at a time
Treasury Secretary and Financial Stability Oversight Council Chair Janet Yellen speaks with…
Federal Home Loan banks’ profits skyrocket from 2023 liquidity crisis
The March 2023 banking crisis will be remembered for three major bank…
Big banks charge higher credit card APRs than smaller issuers, CFPB says
“The CFPB will be accelerating its efforts to ensure that consumers can…
OCC fines City National $65 million over risk management shortcomings
The Office of the Comptroller of the Currency Wednesday issued a consent…
CFPB's overdraft proposal exempts the small banks that need it most
Experts are criticizing a proposal from the Consumer Financial Protection Bureau to…
CFPB proposes setting maximum overdraft fees at $14 for largest banks
Rohit Chopra, director of the Consumer Financial Protection Bureau, said that the…
Top House financial services committee member Luetkemeyer to retire
Rep. Blaine Luetkemeyer, R-Mo., announced Wednesday that he will be retiring from…
Operational risk emerging as linchpin of Basel capital debate
James Gorman, chairman and chief executive of Morgan Stanley, said during a…
Is portability the cure to the mortgage market’s woes?
The Federal Housing Finance Agency said it is not currently exploring the…
Will the FHFA’s vision for the Federal Home Loan banks work?
Sandra Thompson, director of the Federal Housing Finance Agency, released a report…
Will banks sue over the Community Reinvestment Act rule?
Federal Deposit Insurance Corp. board member Jonathan McKernan said in his dissent…
For broader adoption of FedNow, experts say it’s all about use cases
The Federal Reserve’s FedNow payments rail has garnered only about 140 adopters…
Recent leaks and disclosures reignite debate over CSI
Senator Tim Scott, R-S.C., who serves as ranking member on the Senate…
Fed’s Waller says FedNow adoption ‘will grow over time’
Christopher Waller, governor of the Federal Reserve, said Friday afternoon that there…
The Fed says it can regulate stablecoins. So why doesn’t it?
Michael Barr, vice chair for supervision at the Federal Reserve, said Sept.…