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What's up
  • [ 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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Treasury details sanctions imposed against Russia, Putin, for Ukraine invasion

February 22, 2022 0

A detailed explanation of U.S. economic and financial sanctions imposed in response to Russian President Vladimir Putin’s decision to recognize two “’independent’ states” was released by the Treasury Department Tuesday. The Treasury detail was released […]

OCC

OCC replaces 2021 FAQs regarding rescission of 2020 final CRA rule

February 22, 2022 0

A new set of frequently asked questions (FAQs), with answers, addressing transitional issues related to last year’s rescission of a 2020 final Community Reinvestment Act (CRA) rule was issued Tuesday by the Office of the […]

CFPB

Bureau makes changes to procedures for adjudications, with eye to ‘effective, efficient’ proceedings

February 22, 2022 0

An updated rule that expands the opportunities for parties in adjudication proceedings to conduct depositions was issued – and became effective – Tuesday by the federal consumer financial protection agency. According to filings in Tuesday’s […]

FDIC

Agencies make clear: Special-purpose credit programs available to underserved communities

February 22, 2022 0

Special-purpose credit programs to meet the credit needs of specified classes of persons – particularly those of underserved communities – are available under federal law and regulations, the federal financial institution regulators, and federal housing […]

FDIC

Chief innovation officer quits at FDIC; claims ‘tech hesitancy’ among agency’s workforce

February 22, 2022 0

The chief innovation officer at the federal insurer of bank deposits – who was hired about a year ago after a search of more than two years by the agency – resigned Friday, citing hesitancy […]

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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