Banking agencies release video on Community Reinvestment Act rule
The FDIC, Federal Reserve and OCC jointly released a prerecorded, one-hour webinar on the final rule to modernize regulations implementing...
Newsbytes
ABA urges Labor Department to withdraw fiduciary rule
The Department of Labor’s proposed fiduciary rule is a misguided approach fraught with serious risks, costs and uncertainties for retirement...
Barr: Fed considering adjustments to proposed capital standards
Federal Reserve Vice Chairman for Supervision Michael Barr said that the Fed is considering adjustments to key provisions in its...
U.S. international trade deficit decreases in November
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
The NFIB Small Business Optimism Index increased 1.3 points in December to 91.9.
A seasonally adjusted net 16% of business owners planned to create new jobs in the next three months, down 2...
FinCEN releases analysis of identity-related suspicious activity
A review of Bank Secrecy Act data filed in 2021 found that roughly 41% percent of reports were related to...
Report: Policymakers should explore decentralized finance regulatory options
Policymakers should identify and evaluate the range of potential policy responses to the risks posed by decentralized finance, or DeFi,...
Fed’s Bowman urges return to regulatory tailoring
Federal Reserve Governor Michelle Bowman said that she worried that “an overbroad application” of bank requirements could become a characteristic...
Consumer credit increased in November
Consumer credit increased at a seasonally adjusted annual rate of 5.7% in November after increasing 1.4% in October. Total outstanding...
Yellen: More than 100,000 beneficial ownership information filings so far
The Financial Crimes Enforcement Network has received more than 100,000 filings since it began accepting beneficial ownership information on Jan....
