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What's up
  • [ May 29, 2026 ] Former CEO of failed $1 billion credit union prohibited by agency following 2018 conviction NCUA
  • [ May 29, 2026 ] 210 banks slated for CRA exams by FDIC over next two quarters FDIC
  • [ May 28, 2026 ] Treasury launches app for ‘Trump Accounts;’ children’s custodial IRAs to be inaugurated July 4 Other
  • [ May 28, 2026 ] OCC has 51 banks on CRA evaluation schedule for Q3; no Q4 list provided OCC
  • [ May 28, 2026 ] Fed, FDIC say no shortcomings found in biggest banks’ 2025 resolution plans FDIC
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NCUA

Renomination of NCUA leader puts small dent into longer list of regulator openings

August 10, 2021 0

President Joe Biden’s (D) “intent to nominate” NCUA Board Chairman Todd Harper to a term ending in 2027 (and continue as chairman) puts one dent into the long list of financial regulator positions that still […]

CFPB

As end of Fed chair’s term looms early next year, White House mum on what’s next

July 16, 2021 0

If Federal Reserve Board (FRB) Chair Jerome H. (“Jay”) Powell should be looking over his shoulder at a replacement for him when his term runs out in February, the White House is giving no indication […]

CFPB

In short, cryptic statement, bureau pledges to resolve alleged unauthorized withdrawals by Texas-based mortgage servicer

April 27, 2021 0

Alleged unauthorized withdrawals by a Texas-based mortgage servicer sparked the federal consumer financial protection agency to issue a statement Tuesday pledging to take “immediate action to understand and resolve the situation that has affected hundreds […]

CFPB

Compliance date for new QM rule would be delayed 15 months to October 2022 under proposal

March 3, 2021 0

The mandatory compliance date of the general qualified mortgage (QM) final rule would be delayed 15 months (from July 1, 2021, to Oct. 1, 2022) under a proposal issued Wednesday by the federal consumer financial […]

CFPB

Bureau changes direction for consumer education unit; promises vigorous pursuit of complaints

February 11, 2021 0

Stating that the division of consumer education should “redouble its efforts to ensure the Bureau engages all consumers who are economically suffering,” the acting director of the Consumer Financial Protection Bureau (CFPB) Wednesday issued a […]

CFPB

CFPB acting chief announces attorney recruitment effort; ‘we need fullest talents, passions of American public’

February 9, 2021 0

An effort to recruit attorneys “at all experience levels” to the federal consumer financial protection agency was announced Tuesday by its acting director in an effort, he said, to achieve “vigorous oversight of all applicable […]

CFPB

CFPB’s Uejio directs end to COVID-19-related ‘pause’ on quarterly HMDA reporting, data collections; will review past reg actions against consumer protection mission

February 4, 2021 0

The acting director of the consumer financial protection agency directed staff to end the agency’s “pause” implemented around the start of the COVID-19 pandemic on quarterly Home Mortgage Disclosure Act (HMDA) reporting, CARD Act data […]

Today

  • Former CEO of failed $1 billion credit union prohibited by agency following 2018 conviction

    May 29, 2026 0
    The former chief executive officer of a now-closed New York credit union has been prohibited from future service (becoming an “institution-affiliated party”) at any federally insured financial institution, the federal regulator said Friday. Alan S. Kaufman, the former CEO of [...]
  • 210 banks slated for CRA exams by FDIC over next two quarters

    May 29, 2026 0
    The federal bank deposit insurer has slated 210 banks for examinations under the anti-redlining Community Reinvestment Act (CRA) over the next two quarters, according to information released Friday by the agency. The Federal Deposit Insurance Corp. (FDIC), in a release, [...]
  • Treasury launches app for ‘Trump Accounts;’ children’s custodial IRAs to be inaugurated July 4

    May 28, 2026 0
    “Trump accounts” – a custodial-style, traditional individual retirement account (IRA) for children 18 and younger – will be accessed through a phone app as their main interface, which the Treasury Department launched Thursday, the agency said. The accounts, established by [...]
  • OCC has 51 banks on CRA evaluation schedule for Q3; no Q4 list provided

    May 28, 2026 0
    The national banking regulator lists 51 banks on its schedule for Community Reinvestment Act (CRA) evaluations slated for the third quarter of 2026. No schedule was provided for the fourth quarter, though the agency usually publishes for two quarters at [...]
  • Fed, FDIC say no shortcomings found in biggest banks’ 2025 resolution plans

    May 28, 2026 0
    Feedback letters to the eight largest, most complex domestic banking organizations, plus 56 foreign banking organizations, received feedback letters sent jointly by federal regulators on their 2025 resolution plan – or “living will” – submissions. The agencies – the Federal [...]
  • Lending rises at nation’s bank in first quarter, although delinquencies rise for CRE, consumer loans

    May 27, 2026 0
    Lending was up at the nation’s banks in the first quarter of the year, seeing a 1.6% increase from the last quarter of 2025 for an annual rise of 7.1%, the federal bank deposit insurance agency said Wednesday. However, the [...]
  • NCUA OIG finds weaknesses in agency ERM oversight

    May 26, 2026 0
    An inspector general report on the federal credit union regulator’s enterprise risk management (ERM) found that the group of senior staff responsible for primary oversight of ERM “did not consistently establish, update, or use risk profiles to address” it. The [...]

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