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[ad_1] The Office of the Comptroller of the Currency Wednesday issued a consent order against Los Angeles-based City National Bank, fining the bank $65 million over...
[ad_1] Experts are criticizing a proposal from the Consumer Financial Protection Bureau to cut overdraft fees for the largest banks but not smaller banks as ignoring...
[ad_1] Rohit Chopra, director of the Consumer Financial Protection Bureau, said that the agency’s overdraft proposal “would establish clear, bright lines and ensure customers know what...
[ad_1] Rep. Blaine Luetkemeyer, R-Mo., announced Wednesday that he will be retiring from Congress after his current term. Luetkemeyer had been seen as a frontrunner to...
[ad_1] James Gorman, chairman and chief executive of Morgan Stanley, said during a Senate Banking Committee hearing this week that the proposed operational risk provision in...
[ad_1] The Federal Housing Finance Agency said it is not currently exploring the feasibility of portable mortgages, but the fringe idea — already present in Canada...
[ad_1] Sandra Thompson, director of the Federal Housing Finance Agency, released a report Tuesday outlining potential changes to the Federal Home Loan Bank system — which...
[ad_1] Federal Deposit Insurance Corp. board member Jonathan McKernan said in his dissent over a newly-finalized Community Reinvestment Act overhaul that he has “not seen a...
[ad_1] The Federal Reserve’s FedNow payments rail has garnered only about 140 adopters three months after its launch, but experts say they expect more financial institutions...
[ad_1] Senator Tim Scott, R-S.C., who serves as ranking member on the Senate Banking Committee, did not join a letter to the Federal Reserve last week...
[ad_1] Christopher Waller, governor of the Federal Reserve, said Friday afternoon that there are “well over 100” banks and credit unions currently using the FedNow real-time...
[ad_1] Michael Barr, vice chair for supervision at the Federal Reserve, said Sept. 8 that “stablecoins are a form of money, and the ultimate source of...
[ad_1] Federal Deposit Insurance Corp. vice chair Travis Hill said in a speech Thursday that regulators should table their ambitious rulemaking agenda until interest rates have...
[ad_1] The Federal Reserve Board of Governors will have a full complement of seven governors for the first time in seven months as it heads into...
[ad_1] The Department of Health and Human Services’ recommendation last month that the Drug Enforcement Administration reschedule cannabis from a Category I to a Category III...
[ad_1] As the Federal Reserve continues its quest to tame inflation, a stubborn lack of housing supply is propping up housing costs and even rental prices,...
[ad_1] Fed Gov. Philip Jefferson was confirmed to Federal Reserve Board of Governors’ second-ranking position with strong bipartisan support in the Senate. Anna Rose Layden/Bloomberg Philip...
[ad_1] Federal Reserve officials have maintained that the historic levels of participation in the central bank’s overnight reverse repurchase agreement facility is nothing to be concerned...
[ad_1] Senate Banking Committee ranking member Tim Scott, R-S.C., and House Financial Services Committee chair Patrick McHenry, R-N.C., would be in a position to rescind...
[ad_1] House Judiciary Committee Chair Jim Jordan, R-Ohio, said in a cover letter for a subpoena to Citigroup last week that law enforcement’s use of...