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What's up
  • [ May 18, 2026 ] Fed’s Powell named chair pro tempore pending swearing-in of Warsh The Fed
  • [ May 15, 2026 ] NCUA proposal would set standards for credit unions issuing stablecoins NCUA
  • [ May 15, 2026 ] Rules finalized exempting national banks from state laws on escrow accounts, payments OCC
  • [ May 15, 2026 ] FDIC updates Q&As about signage denoting deposit insurance coverage FDIC
  • [ May 14, 2026 ] Miran to resign ‘when or shortly before’ Warsh takes seat as Fed governor and chair The Fed
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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

  • 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 [...]
  • NCUA proposal would set standards for credit unions issuing stablecoins

    May 15, 2026 0
    A proposed rule to sets standards for credit unions approved to act as permitted payment stablecoin issuers (PPSIs) under the GENIUS Act was issued Friday by the National Credit Union Administration (NCUA). The proposal supplements the agency’s January proposal dealing [...]
  • Rules finalized exempting national banks from state laws on escrow accounts, payments

    May 15, 2026 0
    Exempting national banks from state laws on real estate escrow accounts and payments is the aim of two final rules issued Friday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said the final rules [...]
  • FDIC updates Q&As about signage denoting deposit insurance coverage

    May 15, 2026 0
    Updated questions and answers about regulations governing signs notifying customers and the public of federal bank deposit insurance coverage at covered financial institutions have been published by the insurance agency, it said Friday. The Federal Deposit Insurance Corp. (FDIC) said [...]

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