Consumer Financial Protection Bureau Director Richard Cordray has been announced as a keynote speaker for ABA’s Annual Convention, Nov. 8-10 in Los Angeles, where he will discuss the fight against elder fraud and other regulatory issues.
Cordray will join Jay Leno, Wharton professor Adam Grant, blockchain pioneer Peter Kirby and political strategists Paul Begala and Mike Murphy on the Convention lineup.
ABA members believe that the Federal Reserve’s discount window processes and operations are opaque, awkward and inefficient, and they have several suggestions for how to improve the service, ABA said.
The CFPB is seeking public input in advance of a proposed rule to extend the Fair Credit Reporting Act’s identity theft protections to certain negative information on the credit reports of victims of domestic violence, elder abuse or...
The Federal Reserve issued a technical clarification stating that its account access guidelines apply to excess balance accounts, or EBAs.
The Securities and Exchange Commission should withdraw a staff accounting bulletin that changed how banks and other publicly traded entities account for obligations to safeguard digital assets, SEC Commissioner Mark Uyeda said.
Consumer inflation expectations increased slightly at the short-, medium-, and longer-term horizons in November, the New York Fed said in its most recent Survey of Consumer Expectations.
Deposit data currently collected in call reports is not a good indicator of risk and may encourage examiners, investors and other stakeholders to focus too narrowly on single data points when assessing a bank’s financial condition, ABA said.
