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What's up
  • [ 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
  • [ May 12, 2025 ] Loan demand drops off in Q1 for C&I, CRE, RRE, Fed lending officer survey finds; credit card standards tighten The Fed
  • [ May 12, 2025 ] Agencies jointly issue loan-to-deposit ratios for ’25 used for compliance with interstate banking laws FDIC
  • [ May 8, 2025 ] OCC restores previous merger act rules; comments due in 30 days OCC
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Federal financial regulatory legislation

Committee chair cites ‘clear bipartisan interest’ in modernizing BSA/AML; witness echoes call

January 17, 2018 0

Modernizing the Bank Secrecy Act (BSA) and anti-money laundering (AML) regime has “clear bipartisan interest,” the chairman of the Senate Banking Committee said Wednesday in opening a hearing, where he called for coordination and information […]

CFPB

Mulvaney seeks public input on how/if consumer bureau is fulfilling ‘proper, appropriate functions’

January 17, 2018 0

A series of “requests for information” to determine if the Consumer Financial Protection Bureau (CFPB) is fulfilling its “proper and appropriate functions to best protect consumers” will be published in coming days, the acting director […]

CFPB

Report breaks down bureau’s FTEs at year-end ’17; emphasis on legal positions at HQ

January 17, 2018 0

Nearly 1,660 “full-time equivalent” (FTE) positions were on its employment rolls at the end of 2017, with about 85% of those positions performing “activities that can only be performed by a Federal employee,” the Consumer […]

The Fed

Powell nomination for Fed chair (again) supported by Senate Banking; Quarles gets nod for 14-year term

January 17, 2018 0

For the second time since he was nominated by President Donald Trump to be the next chairman of the Federal Reserve Board, Jerome H. “Jay” Powell has received the support of the Senate Banking Committee […]

Today

  • 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guidance documents issued by the Consumer Financial Protection Bureau (CFPB) since its inception in 2011 are now rescinded, according to a notice in Monday’s Federal Register.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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