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What's up
  • [ January 15, 2026 ] Banker prohibited after charges of embezzling more than $800k to allegedly cover foreign exchange bets OCC
  • [ January 15, 2026 ] Former Texas loan officer banned after allegations of mortgage fraud of at least $1.7 million The Fed
  • [ January 15, 2026 ] NCUA highlights risk-focused exams, lending, more in 2026 supervisory priorities letter NCUA
  • [ January 14, 2026 ] Economic activity picks up – but so do prices, as higher income buyers indulge, but lower income purchasers ‘price sensitive’ The Fed
  • [ January 14, 2026 ] FinCEN, Treasury FAQs attempt to clarify order aimed at Minnesota banks over fraud claims Other
Homepreemption

preemption

OCC

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 […]

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CFPB

Interpretive rule aims to underscore states may preempt FCRA with stricter requirements

June 28, 2022 0

States can protect residents through their own fair credit reporting laws by enacting laws that are stricter than the Fair Credit Reporting Act (FCRA), the federal consumer financial protection agency said Tuesday in issuing an […]

OCC

OCC explains its approach to federal preemption under Dodd-Frank

December 22, 2020 0

How the federal agency that charters national banks interprets standards for federal preemption of state law under the 2010 financial consumer protection statute is detailed in a new interpretive letter. The letter, issued Friday by […]

Today

  • Banker prohibited after charges of embezzling more than $800k to allegedly cover foreign exchange bets

    January 15, 2026 0
    A Union City, Calif., banker – alleged to have embezzled more than $800,000 from a Wells Fargo Bank branch over about eight months to cover bets on foreign exchange — has been prohibited from further service in federally insured financial [...]
  • Former Texas loan officer banned after allegations of mortgage fraud of at least $1.7 million

    January 15, 2026 0
    A former loan officer of a mortgage lender owned by a Texas bank holding company is now banned from working in a federally insured financial institution for allegedly originating fraudulent mortgage loans of at least $1.7 million, the Federal Reserve [...]
  • NCUA highlights risk-focused exams, lending, more in 2026 supervisory priorities letter

    January 15, 2026 0
    With a release reiterating the agency’s stance of “no regulation by enforcement,” the federal credit union regulator this week issued its 2026 supervisory priorities, addressing areas such as credit unions’ balance sheet management, rate sensitivity, payments system risks and more. [...]
  • Economic activity picks up – but so do prices, as higher income buyers indulge, but lower income purchasers ‘price sensitive’

    January 14, 2026 0
    Economic activity picked up over the last month – but so did prices, according to the latest gauge of the economy published Wednesday by the Federal Reserve. In its latest Beige Book, the Fed noted that overall economic activity rose [...]
  • FinCEN, Treasury FAQs attempt to clarify order aimed at Minnesota banks over fraud claims

    January 14, 2026 0
    “Frequently asked questions” (FAQs) about the order aimed at Minnesota financial institutions were released late Tuesday by the Treasury Departments anti-financial crimes arm. The FAQs address the “Geographic Targeting Order” (GTO) issued Jan. 9 by the Treasury, the Financial Crimes [...]

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