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What's up
  • [ December 3, 2025 ] OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration OCC
  • [ December 3, 2025 ] Misuse of confidential debit card information leads to Ohio banker’s prohibition The Fed
  • [ December 2, 2025 ] Bureau’s consumer advisory group to meet on fair lending/debanking CFPB
  • [ December 2, 2025 ] NCUA OIG report: 6 credit union failures cost NCUSIF $18.4 million; 2 due to fraud NCUA
  • [ December 1, 2025 ] Considering House report on crypto ‘debanking,’ agency vows to keep investigating big banks OCC
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CFPB

In response to CFPB payday proposal, House leader sets stage for struggle over rules

February 6, 2019 0

A proposal rescinding the “ability to repay” provisions of federal consumer financial protection agency regulations on small-dollar “payday” lenders should itself be rescinded, the chair of the House committee with oversight of the agency said […]

The Fed

Quarles: Extended stress test cycle for lower-risk firms will inform move to ‘permanently longer’ cycle

February 6, 2019 0

The Federal Reserve’s experience this year with an extended stress test cycle for lower-risk firms will help inform the central bank’s move to a permanently longer testing cycle, which will be addressed as part of […]

CFPB

Surveys on debt collection disclosures, ‘making ends meet’ planned by consumer bureau

February 6, 2019 0

New surveys on consumers’ experiences with debt collection disclosures and on household financial shocks are proposed in notices published recently by the Consumer Financial Protection Bureau (CFPB). The bureau is seeking Office of Management and […]

CFPB

Payday: CFPB proposals rescind ability-to-repay, delay their implementation to Nov. 2020

February 6, 2019 0

Proposed rulemakings to eliminate the ability-to-repay provisions of the consumer bureau’s payday lending rule and delay the implementation of those measures by 15 months – to Nov. 19, 2020 – were released Wednesday for 90-day […]

Legislation

Marijuana business banking set for consideration in House subcommittee hearing

February 6, 2019 0

Marijuana business banking will be the subject of a subcommittee hearing set for next week, the House Financial Services Committee announced Wednesday. The hearing, before the Consumer Protection and Financial Institutions subcommittee, is titled “Challenges […]

FDIC

FDIC terminates 1 bank receivership, plans to end 9 more soon

February 6, 2019 0

The federal bank deposit insurance agency on Feb. 1 terminated the receivership of Georgia Trust Bank, Buford, Ga., which was closed July 20, 2012, and has another nine receiverships slated to end in 30 days, […]

FDIC

90-day comment period opens on FDIC’s brokered deposits ANPR

February 6, 2019 0

An advance notice of proposed rulemaking (ANPR) on brokered deposits and interest rate caps by the Federal Deposit Insurance Corp. (FDIC) is out for a 90-day public comment period that ends May 7, according to […]

The Fed

Fed policy changes for 2019 aimed at more transparency in stress testing program

February 6, 2019 0

Changes intended to provide more transparency in the Federal Reserve Board’s stress testing program for the nation’s largest, most complex banks were approved and announced Tuesday by the central bank. With these changes, the Fed […]

OCC

Fed, OCC release scenarios for 2019 CCAR, stress-test exercises

February 5, 2019 0

Scenarios that banks, holding companies and supervisors will use for the 2019 comprehensive capital analysis and review (CCAR) and Dodd-Frank Act stress-test exercises were released Tuesday by the Federal Reserve Board and Office of the […]

Today

  • OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration

    December 3, 2025 0
    Advice to senior national bank regulator officials on significant legal, policy and administrative matters affecting the federal banking system will be among the duties of Brian P. Hudak, named new deputy chief counsel of the agency, it said Wednesday. The [...]
  • Misuse of confidential debit card information leads to Ohio banker’s prohibition

    December 3, 2025 0
    A former Ohio banker has consented to her prohibition from serving in a financial institution in the future after allegedly obtaining confidential customer information, including debit card information, the Federal Reserve said Wednesday. The Fed said Tahjanae Richardson, a former [...]
  • Bureau’s consumer advisory group to meet on fair lending/debanking

    December 2, 2025 0
    The Dec. 10 afternoon meeting of the Consumer Financial Protection Bureau’s (CFPB) Consumer Advisory Board (CAB) will be preceded that morning with one addressing fair lending/debanking, according to a notice on the agency’s website. The CAB is scheduled to meet [...]
  • NCUA OIG report: 6 credit union failures cost NCUSIF $18.4 million; 2 due to fraud

    December 2, 2025 0
    Total losses to credit unions’ federal share insurance fund due to credit union failures amounted to about $18.4 million from April through September, according to a recent inspector general semiannual report supplied to Congress. The National Credit Union Administration (NCUA) [...]
  • No changes for ‘26 assessment rates at OCC, continuing decrease made in fall

    December 1, 2025 0
    No changes for assessment rates are on tap for 2026 by the national bank regulator, which will continue the reduced rate adopted in September, the agency said Monday. The Office of the Comptroller of the Currency (OCC) said the new [...]
  • Agencies, in effort to streamline call reports, look for sources of ‘reporting burden’

    December 1, 2025 0
    Sources of regulatory reporting burden for banks that file call reports are being sought by the federal banking agencies, they said in joint communications Monday, in an effort aimed at streamlining the quarterly reports. “This request for information (RFI) offers [...]
  • 8 banks ‘outstanding,’ 24 ‘satisfactory’ in OCC’s latest CRA ratings list

    December 1, 2025 0
    Eight banks deemed “outstanding” and 24 “satisfactory” for their performance under the anti-redlining Community Reinvestment Act (CRA) make up the list of institutions whose ratings became public in November, the Office of the Comptroller of the Currency (OCC) said Monday. [...]

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