EEOC opens collection of EEO-1 employee demographic data
The Equal Employment Opportunity Commission opened the portal for banks and other employers to submit 2022 EEO-1 Component 1 data.
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OCC publishes revised Telephone Consumer Protection Act procedures
The OCC published the revised interagency examination procedures for the Telephone Consumer Protection Act.
House lawmakers ask banking regulators to review SEC custody rule
The Republican and Democratic leaders of two House subcommittees asked banking regulators to review the Security and Exchange Commission’s proposed...
FOMC keeps rate unchanged
The Federal Open Market Committee today announced it would maintain the target range for the federal funds rate at 5.25%...
ISM Manufacturing falls in October
The U.S. manufacturing sector contracted in October, Manufacturing PMI® registered 46.7%, 2.3 percentage points (pp) lower than the 49.0% recorded...
Construction spending increases in September
Construction spending during September 2023 was estimated at a seasonally adjusted annual rate of $1,996.5 billion, 0.4% above the revised...
Federal Reserve once again leaves rates untouched
The Federal Open Market Committee announced that it would once again hold the federal funds rate at its current level,...
OCC urges banks to adopt cautious approach to venture lending
Banks engaging in venture lending must do so in a safe and sound manner, in compliance with applicable laws and...
ABA: Combating appraisal bias starts with appraisers, regulators
Appraisers and their state regulators are in the best position to limit bias in the appraisal process as banks are...
House lawmakers urge SEC to rethink securitizations rule
A proposed Securities and Exchange Commission rule to prohibit conflicts of interest in certain securitizations would harm families by increasing...
