A public briefing on the federal regulator’s proposed 2023-2024 budget, which shows plans for increases of 8.1% and 10% over the next two years, is slated for 10 a.m. next Wednesday at agency headquarters in […]
A final rule on revised deposit insurance assessments, a notice of proposed rulemaking on resolution of large banks, and proposed guidelines for appeals by banks of material supervisory determinations will among the actions considered by […]
An exemption from certain appraisal requirements for higher-priced mortgage loans will apply to loans of $31,000 or less in 2023 under a rule change announced by the Federal Reserve Board, Consumer Financial Protection Bureau (CFPB), […]
Count Federal Reserve Gov. Christopher Waller as a continuing skeptic of a central bank digital currency (CBDC), but he is willing to talk about the payment channel, he told a group meeting at Harvard University […]
Consumer credit and lease transactions involving $66,400 or less are exempt in 2023 from Truth in Lending Act (Regulation Z) and Consumer Leasing Act (Regulation M) requirements, according to releases Thursday by the Consumer Financial […]
A rule designed to boost banking regulators’ abilities to resolve non-global systemically important banks (GSIB) “in an orderly way” should they fail was unveiled Friday by the Federal Reserve. The proposal was also accompanied by […]
A merger between a San Francisco bank and a Cincinnati bank that will result in a combined institution holding nearly $680 billion in assets has been given a conditional green light by the national bank […]
Progress in the transition away from a now-defunct reference rate is “encouraging,” but “timely action” is still needed by banks before use of the rate is cut off completely by next summer, a Federal Reserve-sponsored […]
Five former bank workers are now prohibited from future banking industry employment for fraudulently obtaining loans and grants administered under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Federal Reserve said Thursday. In […]
Whether some financial institutions and colleges may be steering students to more expensive financial products is among the questions raised about some marketing deals between colleges and financial institutions in a report to Congress made […]
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