Don’t ever bet against the U.S. government in a crisis – “crisis can bring out the best in people,” the former Secretary of the Treasury during the financial crisis of 2008 said Wednesday at a […]
A cease-and-desist order against payments technology provider Higher One, Inc., from 2015 related to a student financial aid refund disbursement program has been terminated, the Federal Reserve Board said in a release Tuesday. Higher One, […]
The Senate Banking Committee Tuesday postponed its Thursday hearing featuring leaders from the three federal banking agencies and the federal credit union regulator. No reason was given for the postponement, and no new date was […]
Five policies and practices aimed to clarify use of supervisory guidance were issued in a joint statement Tuesday by the five federal financial institution regulatory agencies, which the agencies said were meant to clarify that […]
The House Financial Services Committee is set to begin mark-up Thursday of 14 pieces of legislation that range in focus from, among other things, Federal Reserve operations and monetary policy (for example, removing employment from […]
As the tenth anniversary approaches of the failure of a huge Wall Street investment bank – considered by many the advent of the financial crisis – participants and observers of that event are speaking out […]
Questions about rulemaking under the recently enacted regulatory relief law – with the first hearing set to feature appointees to the four bank and credit union agencies by the current president – will get at […]
NOTE: The Banking Committee postponed this hearing from Sept. 11 Hearing on Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S.2155). Scheduled witnesses are: Joseph M. Otting, Comptroller, Office of the […]
The 30-day extension of the comment period on proposed changes to the “Volcker Rule” was made by federal banking and trading markets regulators after commenters – in three letters in particular – suggested doing so […]
The Federal Reserve Board released the names of its 12-member Community Depository Institutions Advisory Council (CDIAC) for 2019 Friday. The council includes one member each from the local advisory councils – made up of bank, […]
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