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The FedMichelle (“Miki”) Bowman’s nomination for a full 14-year term on the Federal Reserve Board advanced after a vote by the Senate Banking Committee Tuesday. Bowman, now a member of the board serving a term that [...] -
OCCEighty-one high school seniors from Washington, D.C., public and charter schools will serve paid summer internships at the regulator of national banks, the agency said Wednesday, in a just-started program. In a release, the Office [...] -
The FedReport: White House plumbed legal depths for demoting Powell as Fed Chair; no conclusion made public
The White House earlier this year explored a legal way to demote Federal Reserve Board Chair Jerome H. (“Jay”) Powell, as President Donald Trump ramped up his criticism of the central bank leader, it was [...] -
OCCTrading revenue ballooned by 141% — to $10 billion – in the first quarter at commercial banks and thrifts, the regulator of national banks reported Tuesday, with only four banks holding nearly 90% of total [...] -
The FedA financial institution would have greater ability to share confidential supervisory information (CSI) with its affiliates, auditors, state and federal regulators, and others under a proposal issued Friday by the Federal Reserve. In a notice [...] -
OtherThe Senate Banking Committee is poised to vote on the president’s renomination of Michelle (“Miki”) Bowman to a new, 14-year term on the Federal Reserve Board Tuesday, just before the panel begins a hearing on [...]
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The FedAgencies make final streamlined call reports for institutions under $5B, indicate more changes ahead
A streamlined version of the quarterly call report would be allowed for banks and thrifts with less than $5 billion assets that do not engage in “certain complex or international activities” under a final rule [...] -
FDICThe 2019 list of distressed or underserved nonmetropolitan middle-income geographies where banks’ revitalization or stabilization activities can receive Community Reinvestment Act (CRA) consideration under the “community development” definition was released Monday by federal banking regulators. [...] -
FDICThe agency’s disaster relief apparatus has been put in motion for insured banks and thrifts affected by severe storms and flooding in Arkansas as well as the winter storm, snowstorm and flooding in South Dakota, [...] -
CFPBA credit union service organization must forgive loans worth $168 million under the terms of a settlement that spans 44 states reached with the federal consumer financial protection agency, the agency announced Friday. The Consumer [...]
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