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  • [ October 29, 2025 ] CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more CFPB
  • [ October 28, 2025 ] CFPB: FCRA’s state-law preemption on credit reporting broader than held in 2022 CFPB
  • [ October 27, 2025 ] OCC wants to rescind guidelines for big banks on recovery planning; says banks ‘should’ be doing it anyway OCC
  • [ October 27, 2025 ] Comptroller jumps on stress-test reform bandwagon, praising Fed request for comment OCC
  • [ October 24, 2025 ] Fed opens stress tests to public comment, citing need for transparency, public accountability The Fed
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20feb01

The Fed

Banks tightened credit largely across the board in 3Q ’20; demand lower for commercial loans, higher for consumer borrowings

February 1, 2021 0

Banks were largely tightening credit standards and terms across the board in the third quarter, a report issued Monday by the Federal Reserve indicated. At the same time, the report suggested that demand for borrowing […]

Today

  • CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more

    October 29, 2025 0
    Nonbank “covered persons” who are subject to court or government agency’s final public orders related to offering or providing consumer financial products or services no longer need to get themselves on a registry maintained by the Consumer Financial Protection Bureau [...]
  • CFPB: FCRA’s state-law preemption on credit reporting broader than held in 2022

    October 28, 2025 0
    The Fair Credit Reporting Act’s (FCRA) preemption of state laws related to consumer credit reporting is broader than presented in a now-rescinded 2022 interpretive rule, the Consumer Financial Protection Bureau (CFPB) says. The CFPB, in a new interpretive rule published [...]
  • OCC wants to rescind guidelines for big banks on recovery planning; says banks ‘should’ be doing it anyway

    October 27, 2025 0
    Big banks – those with at least $100 billion in assets – are expected to be well managed and have appropriate risk-management processes in place; thus, no guidelines on “recovery planning” are necessary, the national bank regulator proposed late Monday. [...]
  • Comptroller jumps on stress-test reform bandwagon, praising Fed request for comment

    October 27, 2025 0
    Calling the current stress-test regime for large banks “too complex and opaque,” the national bank regulator late Monday praised the Federal Reserve for proposing changes to the stress test models. Comptroller of the Currency Jonathan V. Gould said the Fed’s [...]

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