Following up on the creation of a facility to shore up money market mutual funds, the federal banking agencies Thursday released an interim final rule that gives financial institutions the latitude to actually use the […]
Two financial services bills – one targeting the consumer financial protection agency, the other addressing services to legitimate marijuana businesses – are slated for mark-up next Tuesday by the House Financial Services Committee, panel Chairwoman […]
A civil money penalty (CMP) of $25 million for violating anti-discriminatory requirements of the Fair Housing Act (FHA) was assessed against Citibank, N.A., (Sioux Falls, S.D.) under a consent order executed Tuesday between the bank […]
Federally chartered banks and thrifts that leave the jurisdiction of the Office of the Comptroller of the Currency (OCC) within three months of their Dec. 31 or June 30 call reports would get back part […]
Funding for the Consumer Financial Protection Bureau (CFPB) would be cut by $23 million in fiscal year 2020, with total funding reductions of about $5 billion through FY 2029, according to White House budget documents. […]
At least 87 comments are now on file to the proposed change in the effective date of “ability to repay” provisions of the federal consumer financial protection agency’s regulation for payday lending, according to initial […]
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