Personal income increased 0.3%, or $66.5 billion, in February, the Commerce Department said today. The personal savings rate—a percentage of disposable personal income—was 3.6%. Meanwhile, personal consumption expenditures increased 0.8%, or $145.5 billion.
The OCC has terminated the lease on the CFPB’s headquarters six years early, according to government records obtained by Reuters news agency.
FinCEN's Rapid Response Program has facilitated the interdiction of over $268 million in stolen funds on behalf of U.S. victims since the start of 2025, bringing the total to more than $1.8 billion since its inception, according to...
OFAC announced new sanctions to target illicit oil smuggling by Iran. In addition, the FinCEN announced it was easing a fentanyl-related order against a Mexican bank to allow the dissolution of the institution.
During a Senate hearing, the ABA Foundation outlined the critical role banks play in protecting older Americans from fraud and financial exploitation while calling for strengthened national coordination, expanded financial literacy efforts and clear federal authority for banks...
Forty-three senators are asking their colleagues to set aside at least $324 million for the CDFI Fund and require those funds to be released in a timely manner.
Overall economic activity increased at a slight to moderate pace in eight of the 12 Federal Reserve districts in recent months, with two districts reporting little change and the remaining two reporting slight to modest declines, the Fed...
