Top headlines in today’s news …
The recovery from the housing meltdown of 2007-10 has been “uneven and painful” for communities of color, and it may take generations to restore what was lost, the director of the CFPB said Tuesday. In […]
The threshold for collecting and reporting data about open-end lines of credit will increase for some financial institutions for a two-year period, beginning Jan. 1, according to a final rule scheduled to be published by […]
Following the Oct. 2 release of its 2018-19 proposed budget, NCUA plans for an Oct. 18 public briefing on its spending plan, with an aim of “budget transparency” according to Board Chairman J. Mark McWatters. […]
A decision on whether the NCUA budget will be subject to the congressional appropriations process will have to wait at least one more day as the House has delayed votes to Tuesday evening, due to […]
Stanley Fischer, vice chairman of the Federal Reserve Board of Governors, has resigned effective Oct. 13, the central bank announced Wednesday. He joined the board in May 2014; his term was scheduled to end in […]
Establishment of low-risk checking or prepaid accounts at banks and credit unions, and use of “alternative data” in building credit records, continue to be goals of the Consumer Financial Protection Bureau (CFPB) in battling financial […]
Enhancing the effectiveness of boards of directors of firms under supervision is the aim of a proposal issued Thursday by the Federal Reserve Board. Additionally, the Fed issued a second proposal that it said is […]
NCUA’s payments to law firms in fees totaling more than $1 billion “is raising alarms among House GOP members” out of concern that the agency is overpaying for recovery agreements reached with Wall Street banks […]
Concerned about financial services and other companies that are “tricking consumers” into paying expensive fees for remitting by phone, the CFPB issued a warning today about charging the fees. The bureau also issued guidance that […]
Independent federal agencies – such as federal financial institution regulators – are being encouraged to identify cost savings through regulatory reduction to offset costs of planned new, significant regulations — even though the regulators are […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info