Bowman shares ‘significant concerns’ about possible liquidity regulation
Liquidity regulation has the potential to impose significant costs and limit the lending capacity and business operations of banks, which...
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Beige Book: Economic activity increased slightly since January
Overall economic activity increased slightly since January, with eight of the 12 Federal Reserve districts reporting slight to modest growth...
SEC approves climate disclosure rule
The Securities and Exchange Commission voted approve new climate disclosure requirements for publicly traded companies.
Survey: Consumers value fraud protection when seeking financial services
More than two out of three consumers list good fraud protection as a top priority when choosing a new financial...
Report: Distributed denial-of-service attacks against financial sector increased in 2023
More than one-third of distributed denial-of-service attacks in 2023 were aimed at the financial services industry, which surpassed the video...
Powell: Broad changes likely coming to Basel endgame proposal
Federal Reserve Chairman Jerome Powell said that he expects there will be “broad and material” changes to the proposed Basel...
Bipartisan group of lawmakers: Lowering debit fees could harm financial inclusion
A Federal Reserve proposal to lower debit interchange fees could make Bank On-certified accounts too costly for banks to offer...
FinCEN pauses certain BOI reporting due to court decision
FinCEN announced it would pause collecting beneficial ownership information from certain individuals and businesses in response to a court ruling.
CFPB to curtail credit card late fee safe harbor
The CFPB released a final rule sharply reducing allowable late fees on credit card payments. ABA said the rule is...
ISM: Service sector expanded in February
The ISM nonmanufacturing index decreased 0.8% from the prior month to land at 52.6% in February, the Institute for Supply...
