Beige Book: Economic activity ticked up at end of 2024

The Consumer Price Index rose 0.4% in December after rising 0.3% the month before, and increased 2.9% over the past year, the Labor Department said.

Senate Banking Committee Chairman Tim Scott (R-S.C.) unveiled his list of committee priorities for the 119th Congress, which include re-examining Biden-era banking regulations and developing a regulatory framework for digital assets.

In an 11th-hour move, the CFPB rescinded an advisory opinion issued under the first Trump Administration that held that a particular type of earned wage access product is not “credit” under Regulation Z, which implements the Truth in...

Interim final rule establishes procedures for investigating complaints of employer retaliation for reporting possible violations of the Bank Secrecy Act and sanctions laws. It does not apply to bank employees.

Glacier Bancorp in Montana to buy Bank of Idaho Holding Co.; Community Bank Holdings of Texas in Corsicana to buy CapTex Bancshares in Fort Worth.

In one of his last speeches before exiting his current role, FDIC Chairman Martin Gruenberg said he was worried that “memories are short” when it comes to the factors that led to past banking crises.