Notices and information from other, related federal agencies of interest (FinCEN, etc.)
Comprehensive reviews of all rules by federal financial institution regulators – including the consumer protection agency and the credit union regulator – would be required every seven years rather than 10 under legislation set to […]
Eliminating Treasury’s Office of Financial Research, replacing the “orderly liquidation authority” with bankruptcy provisions, realigning the Dodd-Frank Act and establishing a “rules-based” monetary policy are issues to be reviewed by a House committee its markup […]
Coming on the heels of the revelation this week from Equifax that an additional 2.4 million Americans were impacted by the 2017 data security breach, a House financial institutions subcommittee Wednesday holds another hearing on […]
Congress’ watchdog agency found weaknesses in federal financial and consumer agency regulatory reviews under Regulatory Flexibility Act (RFA) and Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) and recommended changes for improvement, an official told […]
Changes in the House schedule have led to a change in the testimony date for the new chairman of the Federal Reserve Board, the House Financial Services Committee said Friday. In a release, Chairman Jeb […]
The Federal Financial Institutions Examination Council (FFIEC) has updated its Home Mortgage Disclosure Act (HMDA) guide for the collection of 2018 data due to be reported March 1, 2019. The umbrella agency represents federal regulators […]
A new chapter in the bankruptcy code for distressed financial companies would be a “more effective option” than existing requirements for “orderly liquidation authority (OLA),” the Treasury Department recommended Wednesday. In a report to President […]
“De-risking” – or the action of banks dropping accounts from “money services business” (MSBs) and other funds-transfer or remittances groups – is blocking or eliminating financial services to “entire classes of legally operating businesses,” a […]
Legislation on title fee calculations in mortgage lending, and clarifying that bank and credit union loan rates remain valid whether sold or reassigned to a third party, was adopted by the House Wednesday in two […]
A national data security standard and strong notification requirements when a data breach occurs were two top recommendations of most of the financial institution and data security experts testifying before a House subcommittee Wednesday. However, […]
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