Now is not the time to fundamentally change regulatory course, but to continue maintaining bank capital standards, ensuring stable sources of liquidity, and providing effective regulation and supervision, the Comptroller of the Currency said Thursday. […]
Independent federal agencies – such as federal financial institution regulators – are being encouraged to identify cost savings through regulatory reduction to offset costs of planned new, significant regulations — even though the regulators are […]
Federal financial institution regulators issued less than a third of the proposed or finalized regulations in February that they have, on average, issued in the same month over the previous three years, according to a […]
At least two of the executive orders issued by President Donald Trump this month and last are expected to “influence” the work of the federal credit union regulator, the new acting chairman of the agency […]
No exemption for financial institutions is apparent in the executive order issued Friday by President Donald Trump, which mandates task forces be created in each agency with a goal of eliminating red tape. Additionally, the […]
Advisory boards and councils for the CFPB – representing community banks, credit unions, consumers and researchers – would be continued under notices to be published Thursday by the agency, despite proposed legislation likely to emerge […]
“Alternative data” to determine credit-worthiness of consumers who lack enough credit history to obtain a credit score is the subject of an exploration opened Friday by the CFPB. The inquiry into “alternative data” focuses on “credit […]
The CFPB has been granted a review by a federal appeals court of a ruling from last fall that effectively found the structure of the agency unconstitutional. In a decision released Thursday, the U.S. Appeals […]
More than a dozen changes to existing regulations – dealing with everything from oaths of bank directors to website transactions — are addressed in a final rule by the OCC intended to update or remove […]
A $1.8 billion credit union — within the top 150 federally insured credit unions in the country in asset size — Friday was conserved by the New York State Department of Financial Services, which appointed the […]
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