
Hood


Chopra nomination to CFPB likely first step in number of leadership changes ahead
By tapping Rohit Chopra as the intended nominee for next director of the federal consumer financial protection agency, the incoming Biden administration is signaling that changes are coming to leadership of federal financial institution regulation. […]

Credit union regulator sets long agenda for board meeting – perhaps last for current chairman
Nine items – including a proposal on risk-based net worth (complex threshold), an advance notice of proposed rulemaking on simplification of risk based capital requirements and four other final or proposed rules – are all […]

Newbie to credit union regulator board (and credit unions) gets new title: vice chairman
A new title has been bestowed on the newest member of the three-member board for the federal credit union regulator, who is now “vice chairman,” according to a release from the agency on Friday. Kyle […]

With election results, potential roster of new faces/titles in top positions, boards for regulatory agencies
While probably not at the top of the list of priorities for the apparent winner of the 2020 president election, his new administration will have decisions to make about who leads, or serves on the […]

In spite of Trump’s order, credit union regulator presses ahead with ‘reinforced’ financial inclusion work
Seemingly defying an order from the president to stop certain types of diversity training, and getting in line with business groups outwardly opposing that dictum, the chairman of the federal credit regulator’s board said Monday […]

Credit union regulator becomes latest to bolster plans for ‘innovation’ focus, with hint of new department
A focus on “innovation” – through the creation of a separate department – is on the radar for yet another federal financial institution regulatory agency, this time the regulator of credit unions and with a […]

Supreme Court takes a pass on credit union membership rules; agency will start processing new applications ‘immediately’
An appeal of a lower court’s earlier decision upholding rules governing membership at credit unions was rejected by the Supreme Court Monday, essentially ending a challenge by the banking industry to the regulator over the […]

Credit union regulator offers farewell to White House official who got him his job
The departure of a top White House advisor on financial issues – and who oversaw the Trump administration’s nomination process for top financial regulators now in office – spurred a comment from the chairman of […]

Credit union regulator speaks out on George Floyd death, calls for ‘true inclusion’ among financials
“Abuse of authority and violence against a black man” prompted the chairman of the board for the federal credit union regulator to release a pointed statement Tuesday urging “true inclusion” among regulators, financial institutions and […]