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[ January 18, 2019 ] More banks soon eligible for 18-month exam cycle; OCC issues bulletin OCC
[ January 18, 2019 ] Bank directors, former CEO, face fines for failing to address earlier enforcement action OCC
[ January 18, 2019 ] Consumer bureau publishes 2.5% CMP inflation adjustment CFPB
[ January 18, 2019 ] GAO recommends legislation to define future role of GSEs – including structure and goals OCC
[ January 18, 2019 ] Most Fed districts see modest to moderate growth, says latest Beige Book The Fed

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More banks soon eligible for 18-month exam cycle; OCC issues bulletin

January 18, 2019 0

A rule that, as of Jan. 28, is expected to make more than 400 additional banks potentially eligible for the 18-month, on-site examination cycle is highlighted in a bulletin issued Thursday to banking institutions supervised by the Office of the [...]
Bank directors, former CEO, face fines for failing to address earlier enforcement action

January 18, 2019 0

Five former directors of a Montana bank were fined $2,000 each – and the bank’s former president and board chairman $10,000 — for failing to take actions to correct issues outlined under a previous consent order their bank agreed to [...]
Consumer bureau publishes 2.5% CMP inflation adjustment

January 18, 2019 0

A final rule to implement a 2.5% increase in maximum civil money penalties (CMP) that may be assessed by the Consumer Financial Protection Bureau (CFPB) was signed Jan. 6 by agency Director Kathleen (“Kathy”) Kraninger and posted Jan. 15 in [...]
GAO recommends legislation to define future role of GSEs – including structure and goals

January 18, 2019 0

Congress should consider legislation for the future federal role of the government-sponsored enterprises (GSEs) in housing finance that addresses their structure and establishes clear, specific, and prioritized goals, as well as considering all relevant entities, the congressional watchdog said in [...]
Most Fed districts see modest to moderate growth, says latest Beige Book

January 18, 2019 0

Signs of continued economic growth – with eight of 12 Federal Reserve districts reporting modest to moderate growth – were noted in the Fed’s latest Beige Book report. “Outlooks generally remained positive, but many Districts reported that contacts had become [...]
OIG report on chairman’s office spending did not benchmark to other agencies, which spend more, NCUA says

January 18, 2019 0

A 2018 inspector general report on spending by the office of the chairman of the federal credit union regulatory agency, conducted in follow-up to an anonymous complaint, omitted any benchmarking with similar spending of other agencies (none specified) and with [...]