The use of cost-benefit analysis in consumer financial protection regulation – something apparently under consideration by the federal consumer financial protection agency – is the focus of a symposium set for July 29 via webcast, […]
A report that looks at current options for winding down a failed, systemically important banking firm (GSIB) in an orderly fashion was released Tuesday by the Government Accountability Office (GAO). The report, as directed under […]
(In the video, Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) make their respective cases for recommending for confirmation (or denying the recommendation) for Federal Reserve Board Nominee Judy Shelton […]
Eugene H. Schied has been named chief financial officer (CFO) for the National Credit Union Administration (NCUA), succeeding Rendell Jones, who became the agency’s deputy executive director this January, the agency said Tuesday. Schied joined […]
The nominee for a seat on the federal credit union regulator’s board stayed close to the script of his opening statement and faced limited questions during a hearing Tuesday before a Senate committee. After Kyle […]
There will be no changes to prices for payment services in 2021, out of deference to the impact of the coronavirus crisis, the Federal Reserve said Tuesday in an early declaration of its plans for […]
A bank that makes a loan would be determined a “true lender” under the provisions of a rule proposed Monday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said […]
Managing the fallout from the current pandemic, expanding technology’s role in reaching the underserved, and aligning incentives to promote sound credit union performance are the three priorities outlined briefly in written testimony slated Tuesday by […]
Public input on a potential voluntary certification program for banks to pursue in setting standards for their technology use – and particularly models of such programs used by so-called “fintechs” – is being sought by […]
Dollar amounts for provisions in truth-in-lending regulations for credit cards and mortgages have been adjusted for consumer prices as of the beginning of this summer, the federal consumer financial protection agency said Monday. More specifically, […]
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