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What's up
  • [ May 8, 2025 ] OCC restores previous merger act rules; comments due in 30 days OCC
  • [ May 7, 2025 ] Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles OCC
  • [ May 6, 2025 ] ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered CFPB
  • [ May 5, 2025 ] OCC’s RFI asks about obstacles to community banks going digital OCC
  • [ May 5, 2025 ] FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’ FDIC
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House gives nod to bill calling on regulators to calculate counterparty credit risk exposure

July 10, 2018 0

Legislation designed to facilitate liquidity in options markets by calling on federal banking agencies to provide targeted capital relief was approved by the House Tuesday on a 368-19 vote. The Options Markets Stability Act (H.R. 5749), […]

The Fed

Powell to talk monetary policy, and likely more, during Senate Banking hearing next week

July 10, 2018 0

The head of the nation’s central bank is scheduled to appear before the Senate Banking Committee next Tuesday to give his second semiannual report to Congress on monetary policy. Federal Reserve Board Chairman Jerome (“Jay”) […]

FDIC

Guidance offers regulatory relief for Texas banks affected by summer storms

July 10, 2018 0

Facilitating recovery from late June severe storms and flooding in Texas — which caused significant property damage in some areas of the state and triggered a July 6 federal disaster declaration — is the aim […]

Seminar
OCC

OCC hosts risk governance, credit risk workshops for bank directors next month

July 10, 2018 0

Two workshops for directors of national community banks and federal savings associations supervised by the Office of the Comptroller of the Currency (OCC) will be hosted by the agency in St. Louis Aug. 21 and […]

CFPB

83 comments received on bureau’s ‘financial education programs’ RFI; one RFI to go

July 10, 2018 0

A total of 83 comment letters were received on the consumer financial protection bureau’s request for information (RFI) on its financial education programs as of midnight Monday, the close of the public comment period, according […]

CFPB

With deputy director resignation, consumer bureau acting director appoints acting deputy director

July 9, 2018 0

Brian Johnson is the new acting deputy director for the federal consumer financial protection agency, taking the place of the former incumbent who officially resigned Monday. Johnson was selected for the position by Bureau of […]

FDIC

Agencies post public portions of ‘living wills’ for 4 foreign banking firms

July 9, 2018 0

The public portions of resolution plans for four foreign banking organizations – Barclays PLC, Credit Suisse Group AG, Deutsche Bank AG, and UBS AG – were published Monday by the Federal Reserve Board and Federal […]

Today

  • 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 [...]
  • Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

    May 7, 2025 0
    National banks and federal savings associations may buy and sell crypto assets held in custody, the national bank regulator confirmed Wednesday in an interpretive letter. The Office of the Comptroller of the Currency (OCC) said the banks may transact the [...]
  • ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

    May 6, 2025 0
    Enforcement of last year’s interpretive rule on “buy now, pay later” loans will not be prioritized and could be rescinded in the future, the Consumer Financial Protection Bureau (CFPB), the bureau said Tuesday. As with other rules the bureau has [...]
  • OCC’s RFI asks about obstacles to community banks going digital

    May 5, 2025 0
    Questions about the key challenges and barriers faced by community banks in adopting and implementing digital banking solutions are posed in a request for information (RFI) announced Monday by the national banking regulator. The Office of the Comptroller of the [...]
  • FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

    May 5, 2025 0
    Of the 64 banks assigned ratings under the federal anti-redlining statute this February, three were rated “outstanding” and 2 were rated “needs to improve,” the federal bank deposit insurer said Monday. The remaining 57 banks were deemed “satisfactory” under the [...]
  • Enforcement of ECOA small-business loan data collection deprioritized at CFPB

    May 1, 2025 0
    Add the agency’s Equal Credit Opportunity Act (ECOA) small-business loan data collection rule to those the Consumer Financial Protection Bureau (CFPB) won’t be going out of its way to enforce. The bureau said Wednesday that in light of a stay [...]
  • Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

    May 1, 2025 0
    About half of banks – out of 25 total – earned “outstanding” ratings for their compliance with anti-redlining regulations during April, the regulator of national banks said Thursday. In its latest monthly release of ratings for compliance with Community Reinvestment [...]
  • Texas commissioner re-elected as chair of state liaison committee to Exam Council

    May 1, 2025 0
    The Texas commissioner of banking will serve as the chair of the state regulator liaison committee for another year to the umbrella group of federal financial institution regulators, the agency announced Thursday. Charles G. Cooper, commissioner of the Texas Department [...]

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