FDIC unveils updated financial inclusion strategic plan
The FDIC has released an updated financial inclusion strategic plan that calls on the agency to take steps to encourage...
Newsbytes
Mortgage rates shift slightly
The rate for a 30-year fixed-rate mortgage averaged 6.82% this week, up from last week when it averaged 6.79%. A...
Real-time payments network hit record transactions in Q1
The Clearing House's real-time payments network handled a record 76 million transactions in the first quarter of 2024, valued at...
OCC’s Hsu suggests requiring banks, AI companies to reimburse customers for fraud
A new U.K. regulation requiring banks to reimburse customers for losses resulting from push payment fraud “deserves greater discussion and...
U.S. international trade deficit increases in February
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Fed’s Barr says liquidity pressures have eased since Silicon Valley Bank
Banking regulators are no longer seeing the liquidity pressures on banks that they saw following the failure of Silicon Valley...
Service sector expanded in March
The ISM services index increased 1.2% from the prior month to land at 51.4% in March, the Institute for Supply...
Bowman skeptical of creating collateral requirement for discount window
A proposal to require banks to hold collateral at the Federal Reverse discount window in anticipation of the need for...
Powell: Fed not seeking to become climate policymaker
Federal Reserve Chairman Jerome Powell said that the Fed needs to avoid “mission creep” if it wants to maintain the...
Labor Department finalizes amendments to QPAM exemption
The Department of Labor finalized its proposed amendments to prohibited transaction class exemption 84-14, better known as the QPAM exemption.
