The Senate was poised Tuesday to disapprove a five-year-old action by the federal consumer financial protection agency outlining indirect auto lenders’ compliance with fair lending requirements, including caps on interest rates. Senators voted along party […]
All depository institutions insured by the Federal Deposit Insurance Corp. (FDIC), and those proposed, will be subject to the switch to electronic fingerprinting in the FDIC’s background-check process beginning the second quarter of this year, […]
“The time is ripe” for reforming federal rules mandating bank service to underserved areas, with goals of achieving better outcomes for banks covered by the rules and low- and moderate-income communities, a Federal Reserve governor […]
The Federal Reserve Board’s vice chairman for supervision, urged in a hearing against publishing supervisory stress-test scenarios for banks, told lawmakers that the Fed’s decision will take into account all the comments received on a […]
A proposal to phase in the impact on banks of a new accounting standard for credit losses was approved unanimously for comment by the board of the federal deposit insurer Tuesday, in concert with similar […]
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