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What's up
  • [ December 24, 2025 ] Claiming it has more experience now, agency wants to raise threshold of bank size for ‘heightened standards’ OCC
  • [ December 24, 2025 ] 4 more regs tapped for removal or revision at NCUA; comments due Feb. 27 NCUA
  • [ December 22, 2025 ] 3 CFPB records systems under revision to allow Treasury payments screening access CFPB
  • [ December 22, 2025 ] Treasury, FinCEN target scores of MSBs along southern border for alleged money laundering activity Federal financial regulation
  • [ December 19, 2025 ] Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds The Fed
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NCUA

NCUA Board now lacks a quorum, according to suit by Harper, Otsuka challenging their firings from board

April 29, 2025 0

A lawsuit filed Monday by the two Democrats fired recently from their board posts at the National Credit Union Administration (NCUA) seeks their reinstatement and asserts that with its two vacancies, the NCUA Board now […]

NCUA

Credit union regulator leader asserts he can lead agency alone, without two fired board members

April 21, 2025 0

“Precedent and standing delegations of authority” are in place to continue performing all operational and statutory requirements with only one board member for the federal credit union regulator, that sole panelist said in a message […]

NCUA

Credit union regulator cancels Thursday board meeting after Trump fires panel’s 2 Democrats

April 16, 2025 0

The National Credit Union Administration (NCUA) canceled its open board meeting slated for Thursday after  the White House Wednesday fired Democrats Todd Harper and Tanya Otsuka from their seats on the board. The firings, reported […]

NCUA

‘Unilateral’ decision on blocking credit union reporting of overdraft fees creates rift among regulator board members

March 17, 2025 0

A decision to rescind a requirement that credit unions publicly disclose the fees they charge for overdrafts has caused a rift along partisan lines among members of the three-person board that oversees the federal credit […]

NCUA

NCUA’s Otsuka announces Renita Marcellin as senior advisor

March 21, 2024 0

Renita Marcellin, most recently with Americans for Financial Reform and previously with JPMorgan Chase, has been appointed senior advisor to National Credit Union Administration (NCUA) Board Member Tanya Otsuka, the NCUA said. Otsuka announced the […]

NCUA

Credit union regulator board now has full complement as newest member sworn in

January 8, 2024 0

The newest member of the board for the federal credit union regulator was officially sworn in and joined the panel Monday, according to news reports. The website CUToday.info reported that Tanya Otsuka was sworn in […]

NCUA

Senate confirms Otsuka to NCUA Board term lasting into 2029

December 21, 2023 0

Tanya Otsuka was confirmed Wednesday to a six-year term on the National Credit Union Administration (NCUA) Board by voice vote of the full Senate. Otsuka, a Democrat, will have an NCUA Board term lasting through […]

NCUA

Otsuka nomination to NCUA Board awaits Senate confirmation

November 10, 2023 0

President Joe Biden’s (D) nomination of Tanya Otsuka to be a member of the National Credit Union Administration (NCUA) Board recently moved a step closer toward confirmation. Otsuka’s nomination, along with five others, was approved […]

Today

  • Claiming it has more experience now, agency wants to raise threshold of bank size for ‘heightened standards’

    December 24, 2025 0
    Only the very largest banks – those with $700 billion in assets or more – would be subject to “heightened standards” for gauging threats to the financial system under a proposal issued Tuesday by the national bank regulator. The Office [...]
  • 4 more regs tapped for removal or revision at NCUA; comments due Feb. 27

    December 24, 2025 0
    The second round of the federal credit union regulator’s “deregulation project” was released this week, with four of the agency’s rules proposed for either deletion or revision. The National Credit Union Administration’s (NCUA) deregulation project is being rolled out in [...]
  • 3 CFPB records systems under revision to allow Treasury payments screening access

    December 22, 2025 0
    Three notices of records system modifications by the Consumer Financial Protection Bureau (CFPB) would implement a March White House executive order that gives Treasury screening authority over payments by federal agencies. The notices, published Monday in the Federal Register and [...]
  • Treasury, FinCEN target scores of MSBs along southern border for alleged money laundering activity

    December 22, 2025 0
    Money services businesses (MSBs) operating along the southwest border of the country are the target of a new effort by the Treasury and its financial crimes enforcement unit to unearth alleged money laundering activity, the agencies said Monday. The Treasury [...]
  • Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds

    December 19, 2025 0
    Debit and general-use prepaid card transactions grew at a slower rate in the period 2021-23 than previous periods, the Federal Reserve said Friday, and interchange fees have been rising. In its biennial, statutorily mandated report on debit card transactions, summarizing [...]
  • Fed wants comments on new payment account, ‘tailored’ to meet ‘limited needs’ of banks, credit unions

    December 19, 2025 0
    A new “payment account” — tailored to meet the limited needs of eligible financial institutions seeking payments and settling services – is being considered by the Federal Reserve, and the agency said Friday it wants comments on the idea. In [...]
  • Banks’ Q3 trading revenue up 12.7% over year ago, OCC reports

    December 19, 2025 0
    U.S. commercial banks and savings associations had $18.4 billion in cumulative trading revenue in the third quarter of this year – $1.8 billion (10.9%) more than the previous quarter and $2.1 billion (12.7%) more than a year ago, the national [...]
  • Agency releases latest version of CECL accounting tool for use by small credit unions

    December 19, 2025 0
    The latest version of a tool for navigating current expect credit loss (CECL) accounting requirements for small, complex credit unions was released Thursday by the federal credit union regulator as part of a quarterly update. The tool is an option, [...]

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