Top headlines in today’s news …
National banks and federal savings associations may buy and sell crypto assets held in custody, the national bank regulator confirmed Wednesday in an interpretive letter. The Office of the Comptroller of the Currency (OCC) said […]
Enforcement of last year’s interpretive rule on “buy now, pay later” loans will not be prioritized and could be rescinded in the future, the Consumer Financial Protection Bureau (CFPB), the bureau said Tuesday. As with […]
Add the agency’s Equal Credit Opportunity Act (ECOA) small-business loan data collection rule to those the Consumer Financial Protection Bureau (CFPB) won’t be going out of its way to enforce. The bureau said Wednesday that […]
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 […]
The National Credit Union Administration’s plan for a May 22 open board meeting is no longer labeled “tentative” but will, the agency said Friday, include a briefing on the federal share insurance fund for credit […]
Risk to global trade is considered a “salient risk” to the financial system and the broader global economy by nearly three in four respondents to a Federal Reserve survey on financial stability, the agency said […]
A merger of Discover Bank, Greenwood, Del., into Capital One, National Association, McLean, Va., was approved by two federal banking regulators Friday on condition that Discover Bank and its affiliates satisfy requirements of a consent […]
Elevated levels of unemployment or inflation can be damaging and painful for communities, families, and businesses, the chair of the nation’s central bank said Wednesday as he pointed to higher tariffs that are likely to […]
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 […]
The recent tariff policy adopted by the President Donald Trump two weeks ago is “one of the biggest shocks to affect the U.S. economy in decades,” a governor of the Federal Reserve said Monday, adding […]
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