Lawmakers on the House Financial Services Committee heard from bankers and other experts on possible ways to modernize the deposit insurance framework, with committee members offering a variety of perspectives and potential paths.
New orders of manufactured goods increased $8.4 billion, or 1.4%, from the prior month to $612 billion in August, the Commerce Department said.
BancFirst in Oklahoma City to buy American Bank of Oklahoma; Jewel Box Financial Services to buy Ambanc Financial Services in Wisconsin.
Builder confidence in the market for newly built single-family homes was 38 in November, up one point from October, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
The Trump administration has rescinded reduction-in-force notices sent to the employees of the CDFI Fund during the government shutdown.
The OCC issued an interpretive letter stating that national banks are permitted to hold small amounts of crypto assets, as principal, to pay fees used to cover transaction costs on cryptocurrency networks.
