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What's up
  • [ June 11, 2025 ] ‘Proper contract oversight’ thwarted by agency’s lack of compliance with own policies during failure of three banks, report asserts FDIC
  • [ June 10, 2025 ] UPDATED: McKernan nominated to head Treasury domestic finance office; CFPB director nomination withdrawn Other
  • [ June 9, 2025 ] Bowman sworn in as Fed’s top supervision official The Fed
  • [ June 9, 2025 ] Comptroller rejects demand by state regulators to jettison rules pre-empting state consumer financial laws OCC
  • [ June 6, 2025 ] Newly confirmed top Fed supervisor outlines principles, key areas of focus (including capital reform) The Fed
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19jan8

The Fed

Fed’s company-run stress test proposal out for comment under EGRRCPA

January 9, 2019 0

A proposal to modify banks’ company-run stress testing requirements to conform with the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155) was issued Tuesday by the Federal Reserve Board with a public […]

NCUA

Credit union regulator lists BSA, CECL, IT issues as top supervisory priorities in 2019

January 8, 2019 0

Supervisory priorities and examination plans affecting federally insured credit unions in 2019 – including full implementation of an extended exam cycle for certain well-run institutions – are outlined in a Letter to Credit Unions issued […]

NCUA

NCUA announces website revamps, cites easier access to information

January 8, 2019 0

The federal credit union regulator’s industry-facing and consumer-facing websites have been redesigned with the aim of making it easier for credit unions and consumers to find relevant information, the agency said in a release Tuesday. […]

The Fed

Fed, state agency hit Texas bank’s BSA/AML violations in enforcement order

January 8, 2019 0

A $676 million bank in Andrews, Texas, has been ordered by the Federal Reserve Board and the Texas Department of Banking to undertake numerous actions to correct its violations of Bank Secrecy Act/anti-money laundering (BSA/AML) […]

CFPB

Kraninger sets $12.50 maximum charge for consumer credit reports in 2019

January 8, 2019 0

Consumer reporting agencies will be able to charge up to $12.50 to provide a consumer with his or her credit report in 2019 under a rule change signed Dec. 21 by Consumer Financial Protection Bureau […]

The Fed

Fed nominee withdraws name from further consideration for post

January 8, 2019 0

One of President Donald Trump’s nominees to be a Federal Reserve Board governor has withdrawn her name from further consideration, the White House announced Monday, according to reports. Jean Nellie Liang told the White House […]

Today

  • ‘Proper contract oversight’ thwarted by agency’s lack of compliance with own policies during failure of three banks, report asserts

    June 11, 2025 0
    Lack of compliance with some of the federal bank deposit insurance agency’s acquisition policies and procedures thwarted its ability to ensure proper contract oversight management during the failure of three large regional banks in 2023, according to a report by [...]
  • UPDATED: McKernan nominated to head Treasury domestic finance office; CFPB director nomination withdrawn

    June 10, 2025 0
    Jonathan McKernan, previously nominated to be director of the Consumer Financial Protection Bureau (CFPB), is now instead nominated to succeed former Treasury Under Secretary for Domestic Finance Nellie Liang, who reportedly resigned from the post early this year. Treasury’s domestic [...]
  • Bowman sworn in as Fed’s top supervision official

    June 9, 2025 0
    Federal Reserve Board Gov. Michelle W. Bowman was sworn in Monday as the board’s vice chair for supervision, with Fed Chair Jerome H. (“Jay”) Powell administering the oath of office, the Fed announced. Bowman was nominated to the post in [...]
  • Comptroller rejects demand by state regulators to jettison rules pre-empting state consumer financial laws

    June 9, 2025 0
    A demand to jettison regulations that pre-empt state consumer financial laws was denied Monday by the national bank regulator, who told a group of state supervisors that the national rule is compliant with federal law and Supreme Court precedent, the [...]

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