The Consumer Financial Protection Bureau announced that it is establishing a new task force that will focus on harmonizing and modernizing consumer financial laws.
The Federal Reserve today approved its long-awaited framework for tailoring enhanced prudential standards for firms with $100 billion or more in assets—as required by the S. 2155 regulatory reform law—and how it will apply those standards to large U.S. and foreign banking organizations.
The Consumer Financial Protection Bureau today issued a final rule providing relief for smaller institutions from the Home Mortgage Disclosure Act data collection and reporting requirements by extending until Jan. 1, 2022, the current temporary coverage threshold of 500 for open-end lines of credit.
President Trump yesterday issued an executive order formalizing the administration’s position that guidance documents issued by federal regulatory agencies are not legally binding, and that any legally binding requirements must be issued through regulation.
The American Bankers Association Foundation announced today that the fifth annual George Bailey Distinguished Service Award will be awarded to Kathy Luria, SVP for community affairs and philanthropy at Webster Bank in Waterbury, Conn., for her efforts to expand and enhance the bank’s community and philanthropic engagement.
The Consumer Price Index was unchanged in September on a seasonally adjusted basis, according to…
The Federal Open Market Committee (FOMC) highlighted growing concern over economic developments that could dampen…
The FDIC this week announced the appointment of four new members to its Advisory Committee on Community Banking.
The American Bankers Association Foundation has recognized eight banks for their outstanding commitment to their communities.