Podcast: Opportunities in the Congressional Review Act, the ‘other CRA’

Republicans on the House Financial Services Committee have proposed legislation to change how the CFPB is funded and redefine its ability to regulate unfair, deceptive, or abusive acts or practices.

The House passed legislation to fund the federal government through early December and temporarily extend several programs, including the National Flood Insurance Program. The bill now heads to President Trump’s desk.

While two FDIC proposals to revise deposit insurance assessments and resolution planning are a step in the right direction, the agency could go further to achieve its stated goals, ABA said.

The CFPB was temporarily unable to perform some of its statutory duties because of Trump administration stop-work orders, according to a new report by the Federal Reserve Office of Inspector General. The office also concluded that the administration's...

Federal Reserve Chairman Kevin Warsh said that the central bank will likely continue to focus on fighting inflation, which continues to remain persistently above the Fed’s 2% target.

The FDIC issued a final interim rule to update its regulations on reciprocal deposits to conform with housing legislation recently passed by Congress.