FDIC overhauls review process for deposit insurance applications
The FDIC announced a new, two-phase process for deposit insurance applications meant to speed up agency reviews and encourage de...
Newsbytes
ABA donates $25,000 to support Washington state wildfire relief efforts
ABA announced a $25,000 donation to the American Red Cross Washington Wildfires Response Fund to support Washington communities affected by...
Fed updates BIC program as part of discount window modernization
The Federal Reserve is updating the Borrower in Custody program as part of an ongoing effort to modernize discount window...
Report: Federal Home Loan Banks supported $8.4B in community lending in 2025
Last year, the Federal Home Loan Banks supported $8.4 billion in lending in areas with constrained credit availability and enabled...
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...
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...
