The House Financial Services Committee will hold an oversight hearing Wednesday on the Financial Crimes Enforcement Network and Office of Terrorism and Financial Intelligence. The Subcommittee on Financial Institutions and Monetary Policy will meet Thursday for a hearing on issues with the Federal Reserve Discount Window and emergency lending. The Subcommittee on Digital Assets will meet that same day for a hearing on cryptocurrency and crime.
Court blocks CFPB’s late fee rule from taking effect
ABA's Rob Nichols welcomed the ruling, which he said “will spare banks from having to immediately comply with a rule...