The appraisal subcommittee of the umbrella group for federal financial regulators will meet Feb. 23 to discuss its budget and the seven-hour update course on professional standards for appraisers, the group said Wednesday. The meeting […]
Direct public petitions for rulemaking, or changes to rules, will now be part of the federal consumer financial protection agency’s regulatory process, the agency announced Wednesday, along with more transparency for former federal employees and […]
“Clean” audit opinions were given to four funds operated by the federal credit union regulator, the agency said Tuesday. The unmodified audited financial statements are for the four funds run by the National Credit Union […]
Five Federal Reserve Board nominees received “yes” votes Wednesday for a recommendation to the Senate for confirmation from all 12 Democratic members of the Senate Banking Committee – but none of the 12 Republicans on […]
Government contractors that illegally harvest fees from government benefits provided through prepaid cards will face enforcement actions, the federal consumer financial protection agency said Tuesday in issuing a compliance bulletin. In a release, the Consumer […]
Hypothetical economic scenarios for use by banks with more than $250 billion in assets to be used in stress tests were released Tuesday by the federal insurer of bank deposits. In releasing the scenarios, the […]
Credit risk for large, syndicated loans remains high but did improve “modestly” last year, according to a joint report issued by the federal banking regulators Monday. In their 2021 Shared National Credit (SNC) Review Report, […]
The day before a Senate committee considers the nominations of five prospective members of the Federal Reserve Board – including the chair and both vice chairs, federal financial institution regulatory agencies find themselves with tenuous […]
A former lobbyist for banks and credit unions is now the top public communications and congressional affairs executive for the federal credit union regulator, the agency announced Monday. Elizabeth A. Eurgubian is now the National […]
“Stress tests” are upcoming for covered institutions, and the regulator of national banks and the Federal Reserve released resources for dealing with the tests late Thursday. The Fed released the hypothetical scenarios for its annual […]
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