ABA Releases Ads Thanking Sen. Collins for Support for Communities, Small Biz
ABA today released new ads thanking Sen. Susan Collins (R-Maine) for her efforts to support Maine jobs and help small...
Newsbytes
Agencies Finalize Three Rules Issued as Part of Pandemic Response
The federal banking agencies today finalized several rules originally issued as interim final rules during the spring weeks of the...
Bowman: In Exams, Fed to Focus on Exposure to COVID-Stressed Industries
As the Federal Reserve ramps up its post-COVID-19 examination program, Fed Governor Michelle Bowman said in a speech today, examiners’...
McWilliams Emphasizes Innovation’s Role in Financial Inclusion
Financial innovation can deliver “tremendous benefits” to consumers and help minority depository institutions enhance participation in the mainstream financial system,...
SEC Expands Accredited Investor and QIB Definitions
The Securities and Exchange Commission today approved amendments to the definitions of “accredited investor” under Regulation D and “qualified institutional...
Durable Goods Orders Rise 11% in July
New orders for manufactured durable goods in July increased 23.2 billion or 11.2% to $230.7 billion, according to the U.S....
CFPB Launches Latest CARD Act Review; Seeks Feedback on Regulations
The Consumer Financial Protection Bureau is beginning its biennial review of the consumer credit card market, as mandated by the...
FDIC: Bank Profits Fall amid Ongoing Pandemic; Community Bank Income Grows
FDIC-insured banks and savings institutions earned $18.8 billion in the second quarter of 2020, a 70% decline from a year...
New Home Sales Rise 13.9% in July
New single-family home sales rose to a seasonally adjusted annual rate of 901,000 in July, according to the U.S. Census...
FHFA Delays GSE Refinance Fee to Dec. 1
The Federal Housing Finance Agency today delayed a 50 basis point fee it had planned to start imposing on Fannie...
