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What's up
  • [ June 11, 2025 ] ‘Proper contract oversight’ thwarted by agency’s lack of compliance with own policies during failure of three banks, report asserts FDIC
  • [ June 10, 2025 ] UPDATED: McKernan nominated to head Treasury domestic finance office; CFPB director nomination withdrawn Other
  • [ June 9, 2025 ] Bowman sworn in as Fed’s top supervision official The Fed
  • [ June 9, 2025 ] Comptroller rejects demand by state regulators to jettison rules pre-empting state consumer financial laws OCC
  • [ June 6, 2025 ] Newly confirmed top Fed supervisor outlines principles, key areas of focus (including capital reform) The Fed
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overdraft protection

OCC

‘Fairness’ can help guide bank compliance risk management, OCC leader contends, using overdraft programs as example

March 25, 2024 0

Using fairness as an “input” to help guide banks’ compliance risk management programs was advocated by the regulator of national banks in a speech Monday. Speaking to the Consumer Bankers Association in Washington, Acting Comptroller […]

No Picture
CFPB

Agencies list rulemaking plans for months ahead; no overdraft fee action from consumer bureau

June 22, 2022 0

Spring rulemaking updates for federal financial regulators were announced this week, featuring a variety of proposed and final rules up for action over the next several months, including modernizing rules implementing the anti-redlining Community Reinvestment […]

NCUA

Credit union regulator’s webinar to look at overdraft protection programs, including fees, types

March 8, 2022 0

Overdraft protection programs – and their fee structures, public views of the services, and market changes – are on the agenda for a March 23 webinar sponsored by the federal credit union regulator. The National […]

CFPB

Bureau regulatory agenda makes no mention of action on overdraft fees – for now

January 31, 2022 0

The phrase “overdraft fees” does not appear in the “semiannual regulatory agenda” published Monday by the federal consumer financial protection agency, according to the day’s issue of the Federal Register. However, there may be more […]

NCUA

Credit risk management, cybersecurity, payments top 2022 supervisory priorities for credit union regulator

January 18, 2022 0

Credit risk management, cybersecurity, and payment systems are the three top supervisory priorities for the federal credit union regulator, the agency said Tuesday. Overall, the National Credit Union Administration (NCUA) said in its letter to […]

Today

  • ‘Proper contract oversight’ thwarted by agency’s lack of compliance with own policies during failure of three banks, report asserts

    June 11, 2025 0
    Lack of compliance with some of the federal bank deposit insurance agency’s acquisition policies and procedures thwarted its ability to ensure proper contract oversight management during the failure of three large regional banks in 2023, according to a report by [...]
  • UPDATED: McKernan nominated to head Treasury domestic finance office; CFPB director nomination withdrawn

    June 10, 2025 0
    Jonathan McKernan, previously nominated to be director of the Consumer Financial Protection Bureau (CFPB), is now instead nominated to succeed former Treasury Under Secretary for Domestic Finance Nellie Liang, who reportedly resigned from the post early this year. Treasury’s domestic [...]
  • Bowman sworn in as Fed’s top supervision official

    June 9, 2025 0
    Federal Reserve Board Gov. Michelle W. Bowman was sworn in Monday as the board’s vice chair for supervision, with Fed Chair Jerome H. (“Jay”) Powell administering the oath of office, the Fed announced. Bowman was nominated to the post in [...]
  • Comptroller rejects demand by state regulators to jettison rules pre-empting state consumer financial laws

    June 9, 2025 0
    A demand to jettison regulations that pre-empt state consumer financial laws was denied Monday by the national bank regulator, who told a group of state supervisors that the national rule is compliant with federal law and Supreme Court precedent, the [...]

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