The federal hiring freeze appears to contain no exemption for federal independent agencies generally, or exemptions for federal financial institution regulators, according to joint guidance issued by the Offices of Management and Budget (OMB) and […]
Last month was a fairly typical January in terms of federal financial institution regulatory activity, at least based on recent history, with the Trump administration’s Jan. 20 regulatory freeze showing little comparative impact. Of course, […]
While one federal financial institution regulator has explicitly asserted its independence from the “regulatory freeze” imposed by the Trump administration on all federal agencies, the other financial regulators have not claimed the same freedom — […]
A regulatory freeze imposed by the Trump administration does not apply to the NCUA, as it is an independent federal financial regulator, but the agency will “adhere to its spirit,” according to a statement issued […]
Independent agencies — including federal financial institution regulators — are exempt from an executive order issued today that any new, proposed federal regulation would have to be offset by repeal of “at least two” existing […]
Law firms and individual attorneys offering debt relief services were sued today by the CFPB for collaborating to allegedly charge “illegal fees” to consumers seeking debt relief, the consumer agency announced today. The suit filed […]
An executive order that any new, proposed federal regulation would have to be offset by repeal of “at least two” existing regulations may not apply to independent agencies — such as most of the federal […]
J. Mark McWatters is the new acting chairman of the NCUA Board, replacing Rick Metsger, as the result of a White House designation Thursday, according to a report by CUToday.info. McWatters, a Republican, has served […]
A federal court has dismissed a lawsuit against NCUA’s new member business loan (MBL) rule on procedural rules, but only after also pointing out that the suit would have been dismissed on its merits as […]
A Pennsylvania real estate title company has been fined $65 million for “improper actions” by its predecessor company as a result of action by three federal financial institution regulatory agencies today. Service Link Holdings LLC, […]
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