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What's up
  • [ October 21, 2025 ] With burgeoning volume, Fed considering new ‘payment accounts’ offering some, not all, benefits of agency services The Fed
  • [ October 20, 2025 ] Public hearing on NCUA budget set for Nov. 6; comment period extended NCUA
  • [ October 20, 2025 ] UPDATED: Credit union regulator joins bank brethren in aiming to codify elimination of ‘reputation risk’ NCUA
  • [ October 17, 2025 ] New national bank, based in Ohio and expected to focus on ‘digital asset activities,’ earns charter OCC
  • [ October 17, 2025 ] New non-discrimination posters in Spanish include phrase on Trump order about English as ‘official language’ 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of federal consumer financial protection agency regulations on small-dollar “payday” lenders should itself be rescinded, the chair of the House committee with oversight of the agency said […]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

  • With burgeoning volume, Fed considering new ‘payment accounts’ offering some, not all, benefits of agency services

    October 21, 2025 0
    New “payment accounts” – referred to by a key sponsor as “skinny master accounts” – are under consideration by the Federal Reserve to deal with the anticipated influx of digital assets and other pressures on the payment systems, a Fed [...]
  • Public hearing on NCUA budget set for Nov. 6; comment period extended

    October 20, 2025 0
    A public hearing on the proposed 2026-2027 budget of the National Credit Union Administration (NCUA) is slated for 1 p.m. eastern Nov. 6. The deadline for comments from the public has also been extended from Oct. 24 to Nov. 7, [...]
  • UPDATED: Credit union regulator joins bank brethren in aiming to codify elimination of ‘reputation risk’

    October 20, 2025 0
    Updated for published Federal Register notice and comment deadline. Codifying the elimination of reputation risk from the supervisory program of the federal credit union regulator is the aim of a notice of proposed rulemaking unveiled Monday by the agency. The [...]
  • New national bank, based in Ohio and expected to focus on ‘digital asset activities,’ earns charter

    October 17, 2025 0
    A new bank, focusing on digital assets, will soon appear in Columbus, Ohio, following the conditional approval of a “de novo” national bank charter, the national bank regulator said Thursday. Erebor Bank was granted the conditional approval of a national [...]
  • New non-discrimination posters in Spanish include phrase on Trump order about English as ‘official language’

    October 17, 2025 0
    With no hint of irony, new posters in Spanish aimed at promoting non-discrimination in housing lending will now include the phrase “Como se describe en la Orden Ejecutiva 14224, el inglés es el idioma oficial de los Estados Unidos,” which [...]

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