Top headlines in today’s news …
The Senate on Thursday confirmed the nomination of Kathleen (“Kathy”) Kraninger to be the director of the Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB), paving the way for Kraninger’s installment at the […]
A request for information (RFI) – out for comment until Feb. 11 – and other initiatives related to the deposit insurance application process for de novo (new) banks and to promote a more transparent, streamlined, and […]
The outgoing, acting director of the federal consumer financial protection agency said Thursday he was not involved in the selection of his successor as permanent director, who was confirmed by the Senate the same day. […]
A joint Senate-House committee has canceled Wednesday’s hearing featuring testimony by the head of the nation’s central bank, citing “the changing congressional schedule.” Federal Reserve Board Chairman Jerome (“Jay”) Powell had been scheduled to testify […]
Changing the name of the federal consumer financial protection agency could impose costs of up to $300 million on the businesses that the agency regulates, according to a report published Monday. The Hill, a newspaper […]
Underscoring the central bank’s commitment to community development, the chairman and a member of the Federal Reserve Board spoke in strong terms of continuing that duty in the future, during an event Monday evening honoring […]
Encouraging banks and credit unions to explore “innovative approaches” to meet anti-money laundering compliance obligations is the thrust of a joint statement issued Monday by the three federal banking regulators, the federal credit union regulator […]
Federal workers, including those at the federal financial institution regulatory agencies, will be excused from duty under an executive order issued by the president over the weekend, according to guidance issued by the White House […]
Memorial services spanning Tuesday through Thursday for former President George H.W. Bush, — who died Friday – are having ripple effects on events in the week ahead affecting federal financial regulators. The effects include a […]
Two former credit union employees, including one from a large, now-defunct credit union formerly involved in the taxi medallion market, have been barred by the federal credit union regulator from any future involvement in the […]
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