Carr staffer nominated for FCC commissioner
President Trump nominated Danielle Thumann, senior counsel to Federal Communications Commission Chairman Brendan Carr, to serve as commissioner on the...
Newsbytes
Senate adjourns with no vote on Clarity Act
The Senate adjourned without holding a final vote on the Clarity Act, punting further action on the bill until at...
FinCEN renews Minnesota geographic targeting order
FinCEN renewed a geographic targeting order requiring certain banks and money transmitters located in Hennepin and Ramsey counties, which include...
Fed: Consumer credit increased 2.6% in Q2
Consumer credit increased at a seasonally adjusted annual rate of 2.6% in the second quarter, with revolving and nonrevolving credit...
New York Fed: Inflation expectations improved in July
Consumer inflation expectations in July decreased slightly at the short-term horizon and remained unchanged at the medium- and longer-term horizons,...
Senate confirms Crews to NCUA board
The Senate confirmed John Crews as a member of the National Credit Union Administration board as part of a block...
ABA offers recommendations for changes to mortgage disclosures
ABA recommended targeted reforms to the TILA-RESPA Integrated Disclosure framework to reduce unnecessary compliance burdens, improve disclosure accuracy, streamline mortgage...
ABA DataBank: U.S.-Japan intervention supports the yen
The U.S. and Japan launched a joint intervention to boost the yen after the currency fell to a 40-year low...
ABA DataBank: Employment cools in July
Despite the unemployment rate remaining relatively low, a moderation in labor market conditions could lead to a broader cooling in...
FHA seeks feedback on partial claim repayment demonstration
The Federal Housing Administration has released a draft mortgagee letter proposing a Reinstatement Advance Payment Demonstration that would provide a...
