LOMTO – Regulatory Report

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[ November 18, 2025 ] Fed’s Barr warns of ‘real dangers’ from weakened bank supervision The Fed
[ November 18, 2025 ] New ‘sharpened’ focus for Fed examiners released, signifying ‘a significant shift’ from past practices The Fed
[ November 18, 2025 ] Bank may pay ‘gas fees’ on blockchain networks, agency confirms in letter OCC
[ November 13, 2025 ] CFPB proposes to reduce Reg B consumer protections; focus small-biz loan data collection on ‘truly small’ businesses CFPB
[ November 13, 2025 ] Agencies release CRA-required data on 2024 small business, farm, community development lending FDIC

NCUA’s McWatters says sale of taxi medallion loan portfolio spared insurance fund, credit unions further losses

February 24, 2020 0

The recently announced sale of the agency’s taxi medallion loan portfolio to Marblegate Asset Management LLC was the best option for meeting the agency’s statutory obligation to achieve the least long-term cost to the National […]

OIG cites poor underwriting, unresponsive boards in report on failed taxi medallion CUs; says NCUA could have acted earlier

April 1, 2019 0

An inspector general report on three credit unions that failed in 2018 under the weight of taxi medallion loans, costing the federal share insurance fund an estimated $765.5 million, recommends that the federal regulator improve […]

Fed’s Barr warns of ‘real dangers’ from weakened bank supervision

November 18, 2025 0

Growing pressures to weaken bank supervision – to scale back bank examiner coverage, dilute ratings systems, and redefine “unsafe and unsound” – present “real dangers” to the American people, Federal Reserve Board Gov. Michael Barr said Tuesday. Speaking in Washington [...]
New ‘sharpened’ focus for Fed examiners released, signifying ‘a significant shift’ from past practices

November 18, 2025 0

Examiners will focus on material financial risks threatening safety and soundness of the banks they review and on taking “timely, proportionate action” to ensure the risks are “properly addressed,” the Federal Reserve said Tuesday in releasing its revamped supervisory operating [...]
Bank may pay ‘gas fees’ on blockchain networks, agency confirms in letter

November 18, 2025 0

So-called “gas fees” – or network fees – may be paid on blockchain networks, the national bank regulator said Tuesday in an interpretive letter, to facilitate “otherwise permissible activities.” The Office of the Comptroller of the Currency (OCC) said national [...]