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What's up
  • [ 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
  • [ October 24, 2025 ] No board meeting before December, if even then, NCUA schedule shows NCUA
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OCC

July public hearing set for proposed acquisition of Discover by Capitol One; comment date extended again

May 15, 2024 0

The proposed acquisition of Discover Financial Services by a large, Virginia-based banking firm will be considered during a public hearing in about two months, the banks’ federal regulators said late Tuesday. The public comment period […]

OCC

Agencies give extension to comment period for Capitol One’s proposed purchase of Discover

April 24, 2024 0

The acquisition of Discover Financial Services by a large, Virginia-based banking firm will be subject to public comment through May 31, federal banking regulators said separately Wednesday. The Federal Reserve Board and the Office of […]

CFPB

$35 million in fines and redress result from student lender violating CFPB order

December 23, 2020 0

A $25 million civil money penalty, and a $10 million ding for consumer redress, was ordered against a bank and its student lending subsidiaries for violating previous orders, the federal consumer financial protection agency said […]

Today

  • 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Reporting Act’s (FCRA) preemption of state laws related to consumer credit reporting is broader than presented in a now-rescinded 2022 interpretive rule, the Consumer Financial Protection Bureau (CFPB) says.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 [...]
  • Fed opens stress tests to public comment, citing need for transparency, public accountability

    October 24, 2025 0
    Enhancing the transparency and public accountability of annual stress tests conducted by the Federal Reserve will be the subject of public comment, the agency said Friday, with that input due by Dec. 1 The agency is seeking specific comment on: [...]
  • No board meeting before December, if even then, NCUA schedule shows

    October 24, 2025 0
    The board meeting schedule for the National Credit Union Administration shows both the Oct. 23 and Nov. 20 meetings “withdrawn,” taken to mean here as canceled or no longer slated. NCUA Board Chairman Kyle Hauptman, currently the only sitting member [...]
  • NCUA budget hearing moved up to Nov. 5

    October 24, 2025 0
    The public hearing on the federal credit union regulator’s 2026-2027 budget proposal will be held a day earlier than first announced, on Wednesday, Nov. 5, the agency said Friday. The National Credit Union Administration (NCUA) announced its proposed budget Sept. [...]
  • Bank deposit insurer opens strategic plan for public input

    October 24, 2025 0
    Public input on the 2026-30 strategic plan is now being taken the by federal bank deposit insurance agency, it said Friday, with a deadline of Nov. 7. The Federal Deposit Insurance Corp. (FDIC) said the draft strategic plan is required [...]

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