ABA: Proposed reporting changes could harm CDFI Fund mission
A proposal to require CDFI Fund recipients to report certain supervisory violations risks blurring the separation between regulatory oversight and...
Newsbytes
Report: More states adopting financial literacy graduation requirements
With the school year beginning across the nation, 29 states now have a financial literacy graduation requirement, up from just...
ABA DataBank: Electricity costs surge ahead of prices for all items
Consumer prices for electricity have routinely outpaced the headline CPI number.
Powell suggests ‘adjusting’ Fed’s monetary policy stance
Federal Reserve Chairman Jerome Powell said that risks to the U.S. labor market are rising, signaling a possible shift in...
CFPB seeks input on Section 1033 data sharing reconsideration
The CFPB is seeking public comment on the costs and challenges of enforcing the Dodd-Frank Act’s data sharing requirements as...
Mortgage rates hold steady
The rate for a 30-year fixed-rate mortgage was 6.58% this week. The rate for a 15-year fixed-rate mortgage was 5.69%.
Existing home sales increased in July
Existing home sales rose 2% in July to a seasonally adjusted annual rate of 4.01 million, the National Association of...
Senators seek public feedback on National Flood Insurance Program reforms
Two senators are seeking public input on the National Flood Insurance Program as Congress considers legislation to reauthorize and possibly...
Bank survey: Younger generations saving more money
Younger generations are saving more money by making trade-offs to limit their spending, according to a new survey by Santander...
FOMC minutes: Committee members debate how to fulfill dual mandate
Federal Open Market Committee members are divided on which aspect of the Federal Reserve’s dual mandate should take precedence, with...
