A joint Senate-House committee has canceled Wednesday’s hearing featuring testimony by the head of the nation’s central bank, citing “the changing congressional schedule.” Federal Reserve Board Chairman Jerome (“Jay”) Powell had been scheduled to testify […]
Changing the name of the federal consumer financial protection agency could impose costs of up to $300 million on the businesses that the agency regulates, according to a report published Monday. The Hill, a newspaper […]
Underscoring the central bank’s commitment to community development, the chairman and a member of the Federal Reserve Board spoke in strong terms of continuing that duty in the future, during an event Monday evening honoring […]
Rising credit risks, elevated operational and compliance risks, and factors driving interest rate risk for national banks and federal savings associations are detailed in a semiannual report issued Monday by a panel charged with monitoring […]
An agreement with the industry-organized regulator of financial markets and a proposed rule are two steps the Federal Reserve is taking to “keep up with the changing nature” of Treasury markets, a member of the […]
Encouraging banks and credit unions to explore “innovative approaches” to meet anti-money laundering compliance obligations is the thrust of a joint statement issued Monday by the three federal banking regulators, the federal credit union regulator […]
Federal workers, including those at the federal financial institution regulatory agencies, will be excused from duty under an executive order issued by the president over the weekend, according to guidance issued by the White House […]
Memorial services spanning Tuesday through Thursday for former President George H.W. Bush, — who died Friday – are having ripple effects on events in the week ahead affecting federal financial regulators. The effects include a […]
A civil money penalty (CMP) of $300,000 was assessed against a Louisville, Ky., bank in October, the Federal Deposit Insurance Corp. (FDIC) said Friday; the action was one of 16 enforcement actions taken in October […]
Approximately 550 banks and thrifts are scheduled for Community Reinvestment Act (CRA) examinations by the Federal Deposit Insurance Corp. (FDIC) during the first two quarters of 2019, according to schedules published Friday. CRA is a […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info