OCC
OCC will have new chief counsel Aug. 11
Adam Cohen is poised to take the post of senior deputy comptroller and chief counsel at the Office of the Comptroller of the Currency (OCC) as of Aug. 11, according to the agency. In a […]
Federal financial regulation
NCUA
NCUA Board – with a full group of three members, first time in months – meets for only fourth time this year
NCUA Board – with a full group of three members, first time in months – meets for only fourth time this year The NCUA Board Thursday heard briefings on three topics and took no action […]
OCC
Kate Tyrrell is chief of staff, senior deputy comptroller at OCC
The new comptroller on Wednesday announced the appointment of Kate Tyrrell as chief of staff and senior deputy comptroller at the Office of the Comptroller of the Currency (OCC). Johathan Gould, sworn in to the […]
FDIC
Banking agencies set 90-day comment period for latest EGRPRA reg review
The fourth notice in a process of regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) was issued by federal banking regulators with a 90-day comment period attached. The aim of the […]
CFPB
CFPB reverses rescission of rule setting notification procedures when states take CFPA enforcement action
A direct final rule published May 21 to rescind procedures by which a state official must notify the bureau when the official takes action to enforce the Consumer Financial Protection Act (CFPA) is rescinded as […]
NCUA
NCUA ombudsman processed 598 inquiries in 2024; 44 related to data breaches and cyber threats
Forty-four of the 598 inquiries and complaints processed by its ombudsman’s office in 2024 related to data breaches and cyber threats at federally insured credit unions, the National Credit Union Administration (NCUA) said in releasing […]
NCUA
AI among briefing topics for July 24 NCUA Board meeting
Three briefings make up the agenda for the July 24 open meeting of the National Credit Union Administration (NCUA) Board, which currently consists solely of its Republican chairman, Kyle Hauptman. A board briefing on artificial […]
FDIC
UPDATED: Agencies follow through on proposal rescinding latest CRA rules; apparent concern over lawsuit
Following through on an announcement made last spring, a proposal to revert anti-redlining rules to those that existed after 1995 – and rescinding new rules adopted two years ago – were proposed by the federal […]
FDIC
Three-member ‘acting’ FDIC Board makes sweeping proposals on rules for banks
Unanimous votes approving sweeping proposals were taken by three members of the federal deposit agency board – all who were in “acting” capacities – at their meeting Tuesday, the agency reported. The usual five-member Federal […]
The Fed
Fed’s easing of LFI rating system out for comment until Aug. 14
Comments are due Aug. 14 on the Federal Reserve Board’s proposal to ease its large financial institution (LFI) rating system and the ratings system for depository institution holding companies “significantly engaged” in insurance activities, according […]