New York State Superintendent of Financial Services Benjamin Lawsky announced yesterday that he will step down as superintendent next month. Appointed in 2011, Lawsky was the first superintendent of the new state regulatory agency that consolidated oversight of New York’s depository institutions, nonbank lenders and servicers, money transmitters and insurers.
ABA is asking Congress to include legislation to help farmers and rural communications in its budget reconciliation process, pointing to the increasingly difficult economic situation facing many farmers and ranchers.
Housing starts decreased by 11.4% in March from the month prior to a seasonally adjusted annual rate of 1.32 million, the Commerce Department reported.
A new survey conducted by Morning Consult on behalf of the ABA Foundation found U.S. adults strongly support youth financial education being taught in schools.
The OCC announced an organizational restructuring that will include combining its Midsize and Community Bank Supervision department with its Large Bank Supervision department.
With the tariffs announced by President Trump much higher than anticipated, the same is probably true of their economic effects, Federal Reserve Chairman Jerome Powell said.
Industrial production decreased 0.3% in March from the previous month, the Federal Reserve reported. The March figure was up 1.3% from a year prior.
