The Senate on Thursday approved Michelle (“Miki”) Bowman’s reappointment to the Federal Reserve Board for a full, 14-year term, ensuring her ability to remain on the board through Jan. 31, 2034. Bowman was first nominated […]
The quarterly summaries of banking and economic conditions in each state at mid-year 2019 are available from the federal insurer of bank deposits, listing individual states’ economic indicators, banking trends and banking profiles. The second-quarter […]
A “disruptor” who understands the need for transformative change and the process for developing and using new technologies in financial services is the ideal candidate for the new chief innovation officer (CINO) position at the […]
Nearly nine in every 10 federally insured credit unions (88%) reported positive net income at the end of the second quarter of this year, the federal regulator of credit unions said Wednesday, up slightly from […]
After praising anti-redlining laws and rules as vital tools for increasing capital flow to underserved communities, the federal regulator of national banks said modernizing the law and rules would allow “billions more” dollars that could […]
The Democratic member of the board that leads the federal credit union regulatory agency on Tuesday criticized the agency’s proposed delay of a final risk-based capital rule for credit unions and said the agency needs […]
The new deputy director for external affairs and communications for the federal credit union regulator is a former congressional staffer – most recently for the senior senator from Nebraska. In a release, the National Credit […]
A final decision on the proposed Community Bank Leverage Ratio (CBLR) and a proposal on swap margin requirements are on the discussion agenda for the board of the Federal Deposit Insurance Corp. (FDIC) when it […]
Three policies announced Tuesday are intended to improve how the federal consumer financial protection agency exercises its authority to facilitate innovation and reduce regulatory uncertainty, the director of the agency told an Atlanta audience. In […]
An enforcement action entered into in September 2010 between the Federal Reserve Board and Homestar Financial Group, Inc. (Manteno, Ill.) was terminated Sept. 3, the Fed said Tuesday. The 2010 agreement directed the board of […]
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