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What's up
  • [ December 12, 2025 ] Stablecoin issuance plays central role in approvals of new, converted national banks OCC
  • [ December 12, 2025 ] Proposal on FDIC Board meeting agenda would set requirements for issuing stablecoins FDIC
  • [ December 12, 2025 ] Briefings (but no action) slated Dec. 18 on 2026-27 NCUA budget, share insurance fund NCUA
  • [ December 12, 2025 ] Nearly all presidents, first VPs of Federal Reserve Banks reappointed for five-year terms The Fed
  • [ December 12, 2025 ] Bank call report to conform with GSIB capital rule changes near OMB approval FDIC
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19oct11

OCC

Citibank hit with $30 million penalty for OREO-related violations

October 11, 2019 0

Citibank’s repeated violations of the statutory holding period for other real estate owned (OREO) resulted in a civil money penalty assessment of $30 million against the bank, imposed through a consent order with the Office […]

The Fed

Fed plans open market operations to keep reserves ample and support monetary policy

October 11, 2019 0

The monetary policy setting arm of the Federal Reserve Board on Friday announced the central bank’s plans for open market operations – purchases of Treasury bills and the conduct of term and overnight repurchase agreement […]

The Fed

Fed’s top international finance staffer to step down next year

October 11, 2019 0

The Federal Reserve’s director of international finance is stepping down after service of 34 years at the central bank, the agency said Friday. Steven B. Kamin, director of the Division of International Finance, will stand […]

CFPB

Based on 50-plus year-old model, Bureau to set up task force to ‘strengthen, improve’ consumer protection law, rules

October 11, 2019 0

A taskforce to examine ways to harmonize and modernize federal consumer financial laws is being established by the federal consumer financial protection agency, with the intent, the agency said Friday, of strengthening and improving consumer […]

FDIC

Letter reminds that call reports due by month’s end – including first ‘streamlined’ reporting for smaller institutions

October 11, 2019 0

Call reports for the third quarter are due by Oct. 30, the federal insurer of bank deposits told insured institutions Friday in a letter. The Federal Deposit Insurance Corp. (FDIC), in Financial Institution Letter (FIL) […]

Today

  • Stablecoin issuance plays central role in approvals of new, converted national banks

    December 12, 2025 0
    Stablecoins and their issuance received a big boost Friday when five new national banks – two de novo charters and three conversions from state charters – were conditionally approved by the national bank regulator, all five of them planning to [...]
  • Proposal on FDIC Board meeting agenda would set requirements for issuing stablecoins

    December 12, 2025 0
    Approval requirements for issuing payment stablecoins by banks and their subsidiaries will be a proposal considered Dec. 16 by the board of the federal bank deposit insurance agency, it said Friday. The agenda for the meeting of the Federal Deposit [...]
  • Briefings (but no action) slated Dec. 18 on 2026-27 NCUA budget, share insurance fund

    December 12, 2025 0
    With no mention of board “action,” the agenda for next week’s open meeting of the currently one-member National Credit Union Administration (NCUA) Board lists only two briefings: one on the quarterly share insurance fund report and the other on the [...]
  • Nearly all presidents, first VPs of Federal Reserve Banks reappointed for five-year terms

    December 12, 2025 0
    With only two exceptions, all current 12 Federal Reserve Bank presidents and first vice president were reappointed, the Fed Board announced late Thursday. In a released, the Fed said it voted unanimously is reappoint the bank leaders, following a comprehensive [...]
  • Bank call report to conform with GSIB capital rule changes near OMB approval

    December 12, 2025 0
    A letter alerting banks to call report revisions that are entering their final phase of review by the Office of Management and Budget (OMB) was issued Friday by the Federal Deposit Insurance Corp. (FDIC). The letter focuses on call report [...]
  • Regulators consider revisions to guidance for determining nonbank financial firms

    December 12, 2025 0
    Potential revisions to interpretive guidance regarding nonbank financial company determinations and to the analytic framework for financial stability risk identification, assessment, and response, were presented to the umbrella group of top federal financial institution regulators, the Treasury said late Thursday. [...]
  • Exam Council provides MSA, MD reports through Census Online database

    December 11, 2025 0
    Reports for Metropolitan Statistical Areas (MSAs) that contain multiple Metropolitan Divisions (MDs) can now be produced by the “Census Online” database maintained by the umbrella group for federal financial regulators, the agency said Thursday. The Federal Financial Institutions Examination Council [...]

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