New Home Sales Rise in September
New single-family home sales rose to a seasonally adjusted annual rate of 800,000 in September, according to the U.S. Census...
Newsbytes
FDIC’s McWilliams: Clear Rules Needed on Crypto Assets, Stablecoins
The federal banking agencies “plan to issue a series of policy statements in the coming months” addressing “how existing rules...
ABA, Trade Groups Reiterate Opposition to Tax Reporting Proposal
A broad coalition of 99 trade groups representing various industries—including the American Bankers Association—today wrote to President Biden urging him...
Department of Labor Extends Compliance Date for Investment Advice Exemption
The Department of Labor today issued a field assistance bulletin to extend the compliance date for the class exemption on...
Morning Consult: Customers Prefer Mobile Apps for Banking
Most Americans prefer to do their banking through mobile apps, according to new research released by Morning Consult on behalf...
FDIC Finalizes Rule to Align Real Estate Lending Standards with CBLR
The FDIC today issued a final rule making changes to its guidelines for real estate lending policies in order to...
ABA Data Bank: US E-commerce Prices No Longer Offsetting Consumer Price Inflation
While online retail prices have historically provided a counterweight to inflationary pressures, analysis by Adobe Analytics finds they have started...
Survey: 79% of Firms Have Libor Transition Plan in Place
The majority of financial services firms, 79%, have some internal Libor transition plan in place, according to a new survey...
DOJ Announces Sweeping New Initiative to Combat Redlining
The Department of Justice, in collaboration with the OCC and CFPB, launched a major new initiative to combat redlining and...
Bowman: Regulatory Framework Must Not Constrain New Bank Formation
In a recent speech, Federal Reserve Gov. Michelle Bowman addresses the lack of new bank formations in the last decade...
