CFPB’s Chopra says agency will move forward with rulemakings
CFPB Director Rohit Chopra said his agency will press forward with rulemakings even as federal banking agencies have paused their...
Newsbytes
Report: FDIC not ready to handle regional bank failures at time of SVB collapse
The FDIC was ill-prepared to resolve large regional banks at the time of last year’s failures of Silicon Valley Bank...
FinCEN issues Spanish-language alert, analysis on mail theft-related check fraud
FinCEN issued Spanish translations of an existing alert to financial institutions on a surge of check fraud schemes involving mail...
CPI increased in November
The Consumer Price Index rose 0.3% in November after rising 0.2% the previous month, and increased 2.7% over the past...
WSJ columnist: NFL deal raises questions about credit unions’ tax-exempt status
The acquisition of an NFL stadium’s naming rights by a credit union raises the question of why a large tax-exempt...
Kansas City Fed: Consumer credit cards show few signs of financial stress
Consumer credit card delinquency rates for prime borrowers have not risen in the past two years despite higher interest rates...
Massachusetts banks announce merger
Independent Bank in Rockland, Massachusetts, has agreed to buy Enterprise Bancorp in Lowell.
The NFIB Small Business Optimism Index rose by 8 points in November to 101.7
The NFIB Small Business Optimism Index rose by eight points in November to 101.7, after 34 months of remaining below...
ABA members find Fed discount window ‘inefficient,’ recommend changes
ABA members believe that the Federal Reserve’s discount window processes and operations are opaque, awkward and inefficient, and they have...
CFPB seeks comment on use of credit reporting in domestic violence, elder abuse
The CFPB is seeking public input in advance of a proposed rule to extend the Fair Credit Reporting Act’s identity...
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