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  • [ November 19, 2025 ] White House offers OMB staffer, with focus on environment, to become consumer bureau director CFPB
  • [ November 19, 2025 ] Regulator takes control of small PA credit union, citing unsafe, unsound practices NCUA
  • [ November 18, 2025 ] Fed’s Barr warns of ‘real dangers’ from weakened bank supervision The Fed
  • [ November 18, 2025 ] New ‘sharpened’ focus for Fed examiners released, signifying ‘a significant shift’ from past practices The Fed
  • [ November 18, 2025 ] Bank may pay ‘gas fees’ on blockchain networks, agency confirms in letter OCC
Home20mar24

20mar24

COVID-19 actions

Fed shifts to monitoring, outreach to financials; reduces exam activities

March 24, 2020 0

Monitoring and outreach to help financial institutions will be the focus of action, and examination activities will be reduced – especially at smaller banks – by the Federal Reserve, the central bank said in a […]

COVID-19 actions

Indicating outlook for coronavirus crisis, Fed sets six-month delay to changes for payment system risk policy on intraday credit

March 24, 2020 0

Changes to intraday credit procedure provisions affecting daylight overdrafts at depository institutions, scheduled to take effect April 1, will be delayed six months, the Federal Reserve said Tuesday in yet another regulatory response to the […]

COVID-19 actions

Provisions for federal financial institution regulation in CARES beginning to seep out

March 24, 2020 0

A requirement for open meetings by the Federal Reserve would be waived, and the capital leverage ratio for community banks would drop to 8%, under some of the provisions being considered by the Senate to […]

The Fed

Fed taking comments on its recent zero-reserves action until May 26

March 24, 2020 0

The Federal Reserve Board’s decision announced March 15 to take Regulation D reserve requirements down to zero to help maximize banks’ ability to lend during the current coronavirus pandemic is out for public comment until […]

COVID-19 actions

Regulator announces grant availability for low-income credit unions affected by coronavirus crisis

March 23, 2020 0

Grants to cover unexpected costs – including for such things as computers, software, consulting services and more – related to providing financial services and assistance to members affected by the coronavirus crisis are available to […]

Today

  • White House offers OMB staffer, with focus on environment, to become consumer bureau director

    November 19, 2025 0
    The next leader for the federal consumer financial protection agency would be a staff member of the White House budget office – who has focused on environmental issues — if the Senate confirms the nomination, which it received Tuesday. According [...]
  • Regulator takes control of small PA credit union, citing unsafe, unsound practices

    November 19, 2025 0
    A small Pennsylvania credit union was placed into conservatorship by its federal regulator late Tuesday, which cited “unsafe and unsound practices,” the agency said. Copper & Glass Federal Credit Union in Glassport, Pa. – which has 1,255 members and assets [...]
  • Fed’s Barr warns of ‘real dangers’ from weakened bank supervision

    November 18, 2025 0
    Growing pressures to weaken bank supervision – to scale back bank examiner coverage, dilute ratings systems, and redefine “unsafe and unsound” – present “real dangers” to the American people, Federal Reserve Board Gov. Michael Barr said Tuesday. Speaking in Washington [...]
  • New ‘sharpened’ focus for Fed examiners released, signifying ‘a significant shift’ from past practices

    November 18, 2025 0
    Examiners will focus on material financial risks threatening safety and soundness of the banks they review and on taking “timely, proportionate action” to ensure the risks are “properly addressed,” the Federal Reserve said Tuesday in releasing its revamped supervisory operating [...]
  • Bank may pay ‘gas fees’ on blockchain networks, agency confirms in letter

    November 18, 2025 0
    So-called “gas fees” – or network fees – may be paid on blockchain networks, the national bank regulator said Tuesday in an interpretive letter, to facilitate “otherwise permissible activities.” The Office of the Comptroller of the Currency (OCC) said national [...]

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