CFPB: Earned wage access products not subject to Truth in Lending Act
The CFPB is once again reversing course on whether earned wage access products are subject to the Truth in Lending...
Newsbytes
Government holiday closures will not change compliance timelines
President Trump’s recent executive order closing federal government agencies on Dec. 24 and 26 does not affect the timing requirements...
Consumer sentiment rises in December, down from last year
Consumer sentiment rose 3.7% from the previous month in December to land at 52.9, but was down 28.5% from a...
Existing home sales increased in November
Existing home sales increased by 0.5% in November from the previous month, according to the National Association of Realtors. Sales...
OCC: Bank trading revenue $18.4B in Q3 2025
The cumulative trading revenue of U.S. commercial banks and savings associations was $18.4 billion in the third quarter of 2025,...
ABA DataBank: Inflation high for ‘The Twelve Days of Christmas’
The PNC Christmas Price Index, which tracks the cost of a full set of gifts from "The Twelve Days of...
OCC: Financial system sound, cybersecurity threats persist
OCC report said that “a recent firewall access incident” should serve as a warning to banks about managing risks to...
Fed seeks feedback on proposed ‘skinny’ accounts for payment services
The Federal Reserve is seeking comment on whether to create a new “payment account” category that certain financial institutions could...
Senate confirms Hill as FDIC chairman
The Senate voted to confirm the nominations of nearly 100 people to positions with the federal government, including Travis Hill...
Trump directs agencies to ease federal marijuana restrictions
President Trump ordered federal agencies to quickly implement an existing proposal to reclassify marijuana to expand the availability of cannabis...
