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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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NCUA

THIS WEEK: Fed nominations, OCC testimony, credit limits rule and more

June 11, 2018 0

Federal Reserve Board nominations, congressional testimony by the regulator of national banks, and central bank and credit union regulator board meetings are among the items making news in the week ahead for federal financial regulators. […]

CFPB

‘Rulemaking processes’ generates 71 comments in bureau’s series of ‘requests for information’

June 8, 2018 0

A “request for information” about the rulemaking processes of the federal consumer financial agency generated just more than 70 comments at the close of the comment date – one of the lesser volumes of letters […]

Legislation

House passes $15 billion in cuts, including $164.5 million from CDFI programs

June 8, 2018 0

A $15 billion spending-cuts bill that takes funds from two Treasury Community Development Financial Institution (CDFI) Fund programs was approved by the House late Thursday on a close vote of 210-206, with 19 Republicans among […]

The Fed

Fed Board acts June 14 on single-counterparty credit limits rule

June 8, 2018 0

A final rule to establish single-counterparty credit limits for large U.S. bank holding companies and foreign banking organizations, along with a related regulatory reporting proposal, is scheduled for Federal Reserve Board action during a June […]

Legislation

Panel OKs safe harbor for FIs working with law enforcement, pares role of Federal Insurance Office

June 8, 2018 0

The House Financial Services Committee on Thursday marked up a bill to give financial institutions a safe harbor for maintaining certain, suspicious accounts; and another largely removing the Federal Insurance Office’s (FIO) current focus on […]

The Fed

Fed sets dates to release results of stress tests, CCAR analysis

June 8, 2018 0

Results from stress tests and capital analysis for banks will be released in two and three weeks, respectively, the Federal Reserve said Thursday. The results from the latest supervisory stress tests conducted as mandated by […]

CFPB

Christmas in June? Bureau report looks at credit card use in holiday spending

June 8, 2018 0

End-of-year credit card borrowing and repayment of credit card balances in the new year is the focus of the bureau’s latest quarterly consumer credit trends report, released Friday by the federal consumer financial protection agency. […]

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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