The New York City Department of Consumer and Worker Protection finalized amendments to its debt collection rules that will apply to banks and other original creditors when collecting debts from New York City consumers. The rule becomes effective...
The rate for a 30-year fixed-rate mortgage was 5.98% this week. The rate for a 15-year fixed-rate mortgage was 5.44%.
Regulators said they expect to repropose the Basel III endgame capital requirements by the end of March and fielded questions about the possible effects of stablecoins on bank deposits.
FinCEN proposed a rule to sever MBaer Merchant Bank of Switzerland from the U.S. financial system because of its alleged ties to illicit actors linked to Russia and Iran.
The OCC released a proposed rule to implement the Genius Act, including how it would handle the law’s prohibition on paying interest or yield on payment stablecoins.
Treasury Department is "particularly interested" in nominations from community banks, and nominees who can offer insights on modernizing the BSA framework and implementing the GENIUS Act,
