Dems Press Regulators for CRA Reform
A group of Democratic lawmakers from both the House and Senate wrote to the federal regulatory agencies asking them to...
Newsbytes
CFPB Fines Navy Federal $28.5M for Improper Debt Collection Practices
The Consumer Financial Protection Bureau today ordered Navy Federal Credit Union -- the nation’s largest credit union -- to pay...
Basel Proposes Interim Retention Treatment of Loss Provisions
With new expected credit loss approaches coming on line soon, the Basel Committee on Banking Supervision today issued a document...
G7 Issues Outline of Financial Cybersecurity Elements
The Group of Seven advanced democracies today issued an outline of non-binding elements that financial firms can use to enhance...
Court Tightens Reins on CFPB Director’s Authority
The Consumer Financial Protection Bureau’s leadership structure -- a single powerful director who cannot be removed at will by the...
NY Fed: Consumers Anticipate Higher Spending Growth, Lower Income
Americans’ expectations for how much more they will spend in the next year rose in September to 3.7 percent from...
ABA Urges CFPB to Protect Small-Dollar Loans by Banks
The Consumer Financial Protection Bureau should preserve and expand the role banks play in providing small-dollar credit to customers --...
Brainard: Fed Reviewing Blockchain Use Cases
The Federal Reserve has convened a working group on distributed ledger technology, commonly known as blockchain, to review its uses...
Agencies Update Exam Procedures to Incorporate MLA Updates
The federal banking agencies today issued updated interagency examination procedures for the amendments to the Military Lending Act rule, which...
