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What's up
  • [ December 17, 2025 ] Proposed guidance gives banks option to tailor CRA exams based on ability to offer services for community needs OCC
  • [ December 16, 2025 ] Latest new bank — this one in Ohio — will focus on virtual currency market, among other things FDIC
  • [ December 16, 2025 ] Rule would establish stablecoin issuance application procedure for banks, as required by GENIUS Act FDIC
  • [ December 16, 2025 ] DOGE cuts to FDIC workforce live on in ’26 operating budget, which decreases by 16.4% FDIC
  • [ December 16, 2025 ] OCC system risk report emphasizes innovation; economic, cyber risks eyed OCC
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22may12

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The Fed

Two more confirmed to Fed Board – chair and member – both on bipartisan, overwhelming votes

May 12, 2022 0

The Federal Reserve Board now has a permanent chair, and is a step closer to having its full contingent of seven members after action in successive days by the U.S. Senate. Jerome H. (“Jay”) Powell […]

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The Fed

Worker tries to bump bank salary by faking offer from competing institution

May 12, 2022 0

A former worker of Deutsche Bank AG New York Branch agreed to a cease and desist order from the Federal Reserve that the banker faked a proposed salary offer from a competing firm seeking to […]

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OCC

Comptroller voices concern over ‘hype, risk’ consumers facing with crypto investments; counsels education, awareness

May 12, 2022 0

The hype and the risk consumers face with cryptocurrency investments and other digital assets is of concern to the national banking regulator, he told a group Thursday, describing the ventures as a “get rich quick” […]

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FDIC

Agencies finally release revised flood insurance Q&As, including 144 new, updated ones

May 12, 2022 0

Federal flood insurance law and federal regulators’ implementing rules are the topic of revised questions and answers (Q&As) released late Wednesday by federal financial institution regulators and the Farm Credit Administration (FCA). According to the […]

Today

  • Proposed guidance gives banks option to tailor CRA exams based on ability to offer services for community needs

    December 17, 2025 0
    A bank could tailor its anti-redlining examination based on the needs of the community and the products and services the bank offers to serve those needs under proposed guidance unveiled Wednesday by the national bank regulator. The Office of the [...]
  • Latest new bank — this one in Ohio — will focus on virtual currency market, among other things

    December 16, 2025 0
    A newly chartered bank for Columbus, Ohio — which will focus on financial products for businesses and individuals in the technology, payment systems, investment, and defense industries, including virtual currency market participants — was approved for federal deposit insurance Tuesday, [...]
  • Rule would establish stablecoin issuance application procedure for banks, as required by GENIUS Act

    December 16, 2025 0
    Banks wishing to issue payment stablecoins would need to follow an application procedure outlined in a proposed rule issued Tuesday by the board of the federal bank deposit insurance agency. The proposal, if finalized, would execute application provisions contained in [...]
  • DOGE cuts to FDIC workforce live on in ’26 operating budget, which decreases by 16.4%

    December 16, 2025 0
    A 16.4% decrease in the budget for 2026 of the federal bank deposit insurance agency is attributable to staffing cuts made at the beginning of the year in line with White House demands, the agency said Tuesday. According to the [...]
  • OCC system risk report emphasizes innovation; economic, cyber risks eyed

    December 16, 2025 0
    The importance of innovation in banking is given “special topic” attention in the national banking regulator’s semiannual risk perspective report, which also provides updates on the industry’s credit, market, cybersecurity and fraud risks. The report, released Tuesday by the Office [...]
  • Mortgage holders staying current on loans, but foreclosures on the rise, report shows

    December 15, 2025 0
    Consumers are holding their own with their mortgages as banks reported 97.4% current and performing at the end of the third quarter – which was the same level a year ago, the Office of the Comptroller of the Currency (OCC) [...]

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