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  • [ May 13, 2025 ] Bureau, proposing to rescind past adjudication proceeding rule changes, says one gave director too much authority, others ‘unnecessary’ CFPB
  • [ May 13, 2025 ] Interest rate uncertainty may be ‘ongoing challenge’ for banks, risk report notes FDIC
  • [ May 13, 2025 ] 2024 FDIC Ombudsman activities summarized in report FDIC
  • [ May 12, 2025 ] Acting CFPB head Vought rescinds 67 guidance documents issued since 2011 CFPB
  • [ May 12, 2025 ] Higher inflation, slow growth, economic uncertainty likely ahead for next year as tariff policies play out, Fed governor expects The Fed
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CFPB

Rural south faces “distinct challenges” in offering fair access to banking, reports assert

June 21, 2023 0

The rural southern U.S. “faces distinct challenges when it comes to fair access to banking,” the director of the federal consumer financial protection agency said Wednesday, especially as the region includes many areas of “banking […]

No Picture
OCC

Acting comptroller outlines four ‘urgent problems’ for banking, with emphasis on fragmented approach to digitalization

May 19, 2021 0

Four urgent problems – including digitalization of banking finance – face the banking system, the acting leader of the federal regulator of national banks told a House panel Wednesday. Acting Comptroller of the Currency Michael […]

OCC

OCC puts pause on ‘fair-access rule’ to give next comptroller time to review it (and comments)

January 28, 2021 0

The so-called “fair-access rule” – finalized and issued just two weeks ago – is on hold, at least for now, by the regulator of national banks in order to give the next leader of the […]

OCC

On last day on job, outgoing acting comptroller finalizes ‘fair access’ rule – 10 days after comment period closes

January 14, 2021 0

A final “fair access” rule codifying that banks should conduct risk assessments of individual customers was issued Thursday by the national bank regulator, just 10 days after the comment period closed. The rule takes effect […]

Today

  • Bureau, proposing to rescind past adjudication proceeding rule changes, says one gave director too much authority, others ‘unnecessary’

    May 13, 2025 0
    Comments are due June 12 on a proposed rule that would rescind the Feb. 22, 2022, and March 29, 2023, amendments to the Consumer Financial Protection Bureau’s (CFPB) rules of practice for adjudication proceedings, including those transferring authority over dispositive [...]
  • Interest rate uncertainty may be ‘ongoing challenge’ for banks, risk report notes

    May 13, 2025 0
    Interest rate uncertainty may be an “ongoing challenge” for banks overall in 2025, according to a risk review issued Tuesday by the federal bank deposit insurance agency. In “key risks to banks,” the review issued by the Federal Deposit Insurance [...]
  • 2024 FDIC Ombudsman activities summarized in report

    May 13, 2025 0
    A brief, seven-page (plus cover) report highlighting 2024 activities of the agency’s Office of the Ombudsman was released Tuesday by the Federal Deposit Insurance Corp. (FDIC). In a Financial Institution Letter (FIL-12-2025), the FDIC said the ombudsman office “is a [...]
  • Acting CFPB head Vought rescinds 67 guidance documents issued since 2011

    May 12, 2025 0
    Sixty-seven guidance documents issued by the Consumer Financial Protection Bureau (CFPB) since its inception in 2011 are now rescinded, according to a notice in Monday’s Federal Register. The notice, signed by acting CFPB Director Russell Vought (head of the Office [...]
  • Higher inflation, slow growth, economic uncertainty likely ahead for next year as tariff policies play out, Fed governor expects

    May 12, 2025 0
    Higher inflation, slower growth and economic uncertainty are the catchphrases for the economy going into the next year, largely because of increased tariffs and policy changes for them, a Federal Reserve governor said Monday. Speaking to the International Economic Symposium [...]
  • Loan demand drops off in Q1 for C&I, CRE, RRE, Fed lending officer survey finds; credit card standards tighten

    May 12, 2025 0
    Demand for commercial and industrial (C&I) loans weakened in the first quarter, which was a similar story for many household loans, according to a report issued by the Federal Reserve Monday. In its April 2025 Senior Loan Officer Opinion Survey [...]
  • Agencies jointly issue loan-to-deposit ratios for ’25 used for compliance with interstate banking laws

    May 12, 2025 0
    Host state loan-to-deposit ratios were issued Monday by the three federal banking regulators, which informs banks about how the proportions are used to determine compliance with federal interstate banking laws. The ratios are issued in connection with a 1994 statute [...]
  • OCC restores previous merger act rules; comments due in 30 days

    May 8, 2025 0
    The national bank regulator is restoring its pre-2024 business combinations rule under the Bank Merger Act (BMA), undoing the rule adopted last September and also rescinding its related policy statement. The changes by the Office of the Comptroller of the [...]

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