Top headlines in today’s news …
Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation […]
The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant […]
A pilot survey on lending trends in the U.S. private credit direct lending market – estimated to be more than $1.3 trillion – is planned by the Federal Reserve Banks of Dallas and New York, […]
A new office created in January to consider and resolve banks’ appeals of material supervisory determinations to the federal bank deposit insurer is officially open for business now that the agency has peopled the three-member […]
Smaller banks – those with $10 billion or less in assets – would receive significant easing of anti-redlining regulations under a joint proposal issued by the national bank regulator and federal bank deposit insurance agency […]
About $1.2 million will be the cost to the federal bank deposit insurance agency following the failure of a tiny Indiana bank Friday, which the federal agency said late that day was the “smallest standalone […]
The number of noncash payments has more than tripled since 2000, with debit cards now accounting for most card payments, which were the leaders overall in the noncash transactions, the Federal Reserve said Wednesday. In […]
Fiscal fuel theft – otherwise known as fuel smuggling – is targeted in an alert issued Tuesday by Treasury’s financial crimes enforcement unit to combat Mexican tax evasion through smuggling of U.S. fuel, the agency […]
Establishing and maintaining “an effective” customer identification program (CIP) for permitted payment stablecoin issuers (PPSIs) was proposed Thursday by federal banking and credit union regulators, and the Treasury’s financial crimes enforcement unit. The proposal, issued […]
Promoting “interoperability” by the establishment of joint data standards for financial regulatory data is the aim of a final rule issued Thursday by the five federal financial regulatory agencies. The rule, which applies the Financial […]
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