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What's up
  • [ December 4, 2025 ] Pair of former U.S. contractors charged with conspiring to delete databases with federal information FDIC
  • [ December 3, 2025 ] OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration OCC
  • [ December 3, 2025 ] Misuse of confidential debit card information leads to Ohio banker’s prohibition The Fed
  • [ December 2, 2025 ] Bureau’s consumer advisory group to meet on fair lending/debanking CFPB
  • [ December 2, 2025 ] NCUA OIG report: 6 credit union failures cost NCUSIF $18.4 million; 2 due to fraud NCUA
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CFPB

Hearing Tuesday afternoon considers arguments in dual Bureau directors’ case

November 28, 2017 0

(Note: updated Nov. 28) A judge’s decision is expected as soon as Tuesday on a request to declare the deputy director of the Consumer Financial Protection Bureau (CFPB) the acting director — and block President […]

The Fed

In hearing statement, Powell calls financial system ‘stronger, more resilient’ than 10 years ago

November 27, 2017 0

Saying that the nation’s financial system is far stronger and more resilient than a decade ago, with banks holding “much higher” levels of capital and liquid assets, and more aware of and better able to […]

OCC

Otting, vowing to enhance charters, reduce burden, sworn into office as 31st comptroller

November 27, 2017 0

Enhancing the value of financial institution charters his agency issues, reducing “unnecessary burden,” and promoting economic opportunity while maintaining safety and soundness of the federal banking system were three goals outlined by Joseph M. Otting […]

FDIC

Penalty for flood insurance omission, order for independent board, among October actions

November 27, 2017 0

A fine assessed on a bank for failure to obtain flood insurance on mortgage loans, and an order for another bank to establish an independent board and hire qualified management, were among the 14 actions […]

CFPB

Mulvaney takes seat as acting director; English files suit, legal memos swirl

November 27, 2017 0

Mick Mulvaney, designated Friday as acting director of the Consumer Financial Protection Bureau (CFPB) while simultaneously continuing to serve as director of the Office of Management and Budget (OMB), took a seat at the bureau’s […]

Today

  • Pair of former U.S. contractors charged with conspiring to delete databases with federal information

    December 4, 2025 0
    Conspiring to delete databases used to store U.S. government information are the charges faced by two Virginia men who had served as federal contractors, federal banking regulators and prosecutors said Wednesday. According to the Federal Deposit Insurance Corp.’s (FDIC) Office [...]
  • OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration

    December 3, 2025 0
    Advice to senior national bank regulator officials on significant legal, policy and administrative matters affecting the federal banking system will be among the duties of Brian P. Hudak, named new deputy chief counsel of the agency, it said Wednesday. The [...]
  • Misuse of confidential debit card information leads to Ohio banker’s prohibition

    December 3, 2025 0
    A former Ohio banker has consented to her prohibition from serving in a financial institution in the future after allegedly obtaining confidential customer information, including debit card information, the Federal Reserve said Wednesday. The Fed said Tahjanae Richardson, a former [...]
  • Bureau’s consumer advisory group to meet on fair lending/debanking

    December 2, 2025 0
    The Dec. 10 afternoon meeting of the Consumer Financial Protection Bureau’s (CFPB) Consumer Advisory Board (CAB) will be preceded that morning with one addressing fair lending/debanking, according to a notice on the agency’s website. The CAB is scheduled to meet [...]
  • NCUA OIG report: 6 credit union failures cost NCUSIF $18.4 million; 2 due to fraud

    December 2, 2025 0
    Total losses to credit unions’ federal share insurance fund due to credit union failures amounted to about $18.4 million from April through September, according to a recent inspector general semiannual report supplied to Congress. The National Credit Union Administration (NCUA) [...]
  • No changes for ‘26 assessment rates at OCC, continuing decrease made in fall

    December 1, 2025 0
    No changes for assessment rates are on tap for 2026 by the national bank regulator, which will continue the reduced rate adopted in September, the agency said Monday. The Office of the Comptroller of the Currency (OCC) said the new [...]
  • Agencies, in effort to streamline call reports, look for sources of ‘reporting burden’

    December 1, 2025 0
    Sources of regulatory reporting burden for banks that file call reports are being sought by the federal banking agencies, they said in joint communications Monday, in an effort aimed at streamlining the quarterly reports. “This request for information (RFI) offers [...]
  • 8 banks ‘outstanding,’ 24 ‘satisfactory’ in OCC’s latest CRA ratings list

    December 1, 2025 0
    Eight banks deemed “outstanding” and 24 “satisfactory” for their performance under the anti-redlining Community Reinvestment Act (CRA) make up the list of institutions whose ratings became public in November, the Office of the Comptroller of the Currency (OCC) said Monday. [...]

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