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What's up
  • [ May 30, 2025 ] Three former bank workers slapped with prohibitions after alleged fraud, exploiting elders FDIC
  • [ May 30, 2025 ] NCUA bars former CA credit union employee; terminates a cease-and-desist order NCUA
  • [ May 30, 2025 ] FDIC: 359 banks slated for CRA evaluations in second half of 2025 FDIC
  • [ May 29, 2025 ] Powell and Trump meet, Fed says in first such disclosure for 2025 The Fed
  • [ May 29, 2025 ] Fed governor draws line between decline of U.S. financial assets as ‘safe haven’ and financial stability The Fed
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21mar29

CFPB

Evictions by multistate landlords, eviction services, private equity, to be investigation targets, CFPB, FTC leaders announce

March 29, 2021 0

Evictions – particularly by major multistate landlords, eviction management services and private equity firms – will be targeted for investigation by two federal agencies charged with overseeing consumer financial protection and fair trade, the agencies […]

The Fed

Governor debunks narrative claiming Fed actions aimed at colluding with Treasury

March 29, 2021 0

The Federal Reserve will continue its independence from the Treasury Department and other federal entities in order meet its dual mandates of promoting maximum employment and stable prices, the agency’s newest board member said in […]

CFPB

Agencies’ RFI asks how financial institutions use AI for fraud prevention, underwriting, more

March 29, 2021 0

Information on how financial institutions use artificial intelligence (AI) in their activities, including fraud prevention, personalization of customer services, credit underwriting, and more is sought under a request for information announced Monday by federal bank, […]

NCUA

$106M Texas credit union conserved; regulator mum on its future

March 26, 2021 0

A Texas credit union with more than $106.2 million in assets and 12,500 members was conserved Friday by the federal regulator; the agency, in a release, gave no reason for the conservatorship, nor did it […]

Today

  • Three former bank workers slapped with prohibitions after alleged fraud, exploiting elders

    May 30, 2025 0
    Three bank workers were prohibited from further employment by financial institutions under orders issued in April by the federal bank deposit insurance agency, it said Friday. According to the Federal Deposit Insurance Corp. (FDIC), those prohibited were: Maggie Kay Schaefer, [...]
  • NCUA bars former CA credit union employee; terminates a cease-and-desist order

    May 30, 2025 0
    A former employee of Antioch Community Federal Credit Union (Antioch, Calif.) was barred from any future service in a federally insured financial institution due to a May 2024 conviction of embezzlement and other charges, the National Credit Union Administration (NCUA) [...]
  • FDIC: 359 banks slated for CRA evaluations in second half of 2025

    May 30, 2025 0
    The federal bank deposit insurer is slated to evaluate 359 banks under the federal anti-redlining statute, the Community Reinvestment Act (CRA), over the third and fourth quarters of this year, the agency’s published schedules show. The Federal Deposit Insurance Corp. [...]
  • Powell and Trump meet, Fed says in first such disclosure for 2025

    May 29, 2025 0
    What appears to have been the first one-on-one meeting this year between the Federal Reserve Board chairman and the U.S. president took place Thursday at the White House, according to information released by the Fed. The Federal Reserve issued a [...]
  • Fed governor draws line between decline of U.S. financial assets as ‘safe haven’ and financial stability

    May 29, 2025 0
    How possible changes in the role of U.S. financial assets as a “safe haven” might affect financial stability both domestically and internationally is “crucial to examine,” a Federal Reserve governor said Thursday. Fed Gov. Adriana D. Kugler, in opening remarks [...]

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