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What's up
  • [ October 31, 2025 ] Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars FDIC
  • [ October 31, 2025 ] Former MN credit union teller barred from future FI service NCUA
  • [ October 30, 2025 ] Report: credit union regulator board to stop publishing annual meeting schedules NCUA
  • [ October 30, 2025 ] Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch) The Fed
  • [ October 29, 2025 ] CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more CFPB
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CFPB

WEEK AHEAD: Senate action on Fed nominee Shelton possible; NCUA Board, CFPB councils to meet, more

November 16, 2020 0

A Senate vote on confirmation of the president’s nomination of Judy Shelton to a seat on the Federal Reserve Board could come as early as Tuesday or Wednesday, with approval of the controversial figure considered […]

The Fed

Vice chair offers view of how new framework for Fed’s dual mandate will work

November 16, 2020 0

The new framework for achieving price stability and maximum employment that will be used by the Federal Reserve in determining monetary policy was outlined Monday by the vice chair of the agency board, as he […]

CFPB

Bureau gets green light on its financial statements, reporting from GAO

November 16, 2020 0

Financial statements were reliable and controls over financial reporting were effective in 2020 for the federal consumer financial protection agency, according to a report issued Monday by the congressional watchdog. In its annual review of […]

FDIC

FDIC targets relief to banks in Puerto Rico affected by storms, flooding

November 16, 2020 0

Eased regulatory reporting requirements and potential Community Reinvestment Act (CRA) credit for institutions working with those affected by severe storms and flooding in Puerto Rico were announced Monday by the Federal Deposit Insurance Corp. (FDIC). […]

NCUA

Credit union agency will highlight its actions in response to COVID during webinar next month

November 16, 2020 0

The response to the coronavirus crisis by the federal credit union regulator will be highlighted in a Dec. 3 webinar hosted by the agency, it said Monday. In a release, the National Credit Union Administration […]

CFPB

Bureau, CO set joint ‘office hours’ for innovators early next month

November 16, 2020 0

The federal consumer financial protection bureau will join with the Colorado attorney general Dec. 2 in offering joint, virtual “office hours” which the two groups said they hope will be beneficial to financial innovators. In […]

Today

  • Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars

    October 31, 2025 0
    Prohibitions for September were announced Friday by the federal bank deposit insurance agency, including two for allegedly misappropriating hundreds of thousands of dollars from their respective banks. The Federal Deposit Insurance Corp. (FDIC) said Shelley C. Bounchareune, a former  employee [...]
  • Former MN credit union teller barred from future FI service

    October 31, 2025 0
    A former teller of Affinity Plus Federal Credit Union of Saint Paul, Minn., was barred from any future work in federally insured financial institutions under an October prohibition order. In the consent order, the National Credit Union Administration (NCUA) said [...]
  • Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch)

    October 30, 2025 0
    Two prohibitions, both the result of recent consent agreements, were made public against two bankers by the Federal Reserve Thursday: one for a former New York  worker, and the other for a former Alabama bank employee. The Fed said Md [...]
  • 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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