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  • [ May 22, 2026 ] Proposal would subject stablecoin issuers supervised by FDIC to money laundering regs, others FDIC
  • [ May 21, 2026 ] Exec order: Treasury, FI regulators to eye BSA/AML, other rule changes to address ‘non-work authorized’ individuals CFPB
  • [ May 21, 2026 ] Fed moves forward on ‘payment account’ by issuing proposal; aims at ‘supporting innovation’ The Fed
  • [ May 20, 2026 ] Trump order focuses on getting financial regulators to help boost fintechs CFPB
  • [ May 20, 2026 ] Proposed changes to CAMELS aim to focus ratings on material risks; first big alterations in 30 years FDIC
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22dec20

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COVID-19 actions

Emergency exemption for ‘virtual-only’ FCU membership, board meetings expires Dec. 31

December 20, 2022 0

A COVID-19-related bylaw amendment for authorizing virtual-only membership and board meetings by federal credit unions (FCUs)  is set to expire Dec. 31, according to a letter from the institutions’ federal regulator. The bylaw was approved […]

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FDIC

Full board ahead for FDIC as Senate confirms two-time chairman, vice chairman, member

December 20, 2022 0

A full board, for the first time in years, will be featured at the next meeting of the board for the federal deposit insurance agency now that the Senate has confirmed a chairman and two […]

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CFPB

Wells Fargo faces $3.7 billion in redress, fines for ‘widespread mismanagement’ of customer accounts

December 20, 2022 0

Citing “widespread mismanagement of auto loans, mortgages, and deposit accounts,” the federal consumer financial protection agency ordered $3.7 billion to be paid in fines and redress by one of the nation’s largest banks, the agency […]

Today

  • Proposal would subject stablecoin issuers supervised by FDIC to money laundering regs, others

    May 22, 2026 0
    Stablecoin issuers supervised by the federal bank deposit insurance agency would be required to comply with anti-money laundering (AML) and other regulations under a proposal released Friday by the insurance agency. The Federal Deposit Insurance Corp. (FDIC) said the proposal, [...]
  • Exec order: Treasury, FI regulators to eye BSA/AML, other rule changes to address ‘non-work authorized’ individuals

    May 21, 2026 0
    The Treasury Department and federal financial institution regulators are charged in a recent executive order to take action aimed at mitigating potential credit risks post by the “non-work authorized population.” “My Administration will not tolerate national security and public safety [...]
  • Fed moves forward on ‘payment account’ by issuing proposal; aims at ‘supporting innovation’

    May 21, 2026 0
    Clearing and settling of payments is the aim of a proposed “payment account” by the Federal Reserve, which would be used by legally eligible financial institutions, the agency said late Wednesday. According to the Fed, under the proposal (which is [...]
  • Trump order focuses on getting financial regulators to help boost fintechs

    May 20, 2026 0
    A new executive order directs federal financial regulators within 90 days to conduct reviews of their rules, processes and other mechanisms that could be updated to facilitate innovation and improve the competitiveness of financial products and services for fintech firms, [...]
  • Proposed changes to CAMELS aim to focus ratings on material risks; first big alterations in 30 years

    May 20, 2026 0
    A revised regulatory ratings system for banks and credit unions will be available for public comment for 90 days, the regulators said late Wednesday as the proposed new scheme was unveiled. The ratings regiment – used by all federal financial [...]
  • Fed’s Powell named chair pro tempore pending swearing-in of Warsh

    May 18, 2026 0
    Federal Reserve Board governors on Friday voted to name Jerome (“Jay”) Powell as chair pro tempore, a designation that the Fed said will continue until Kevin Warsh is sworn in as new chair. That swearing in will reportedly occur Friday [...]

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