Federal Reserve to Explore Central Bank Digital Currency
The Federal Reserve plans to publish this summer a discussion paper exploring the implications of issuing a U.S. central bank...
Newsbytes
NCUA’s Harper Calls for Authority to Supervise CUSOs
In testimony before the House Financial Services Committee earlier this week, National Credit Union Administration Chairman Todd Harper urged lawmakers...
Morning Consult: Banks Most Trusted Among Financial Providers
Banks and credit unions are the most trusted financial institution, according to a new survey released this morning by Morning...
FOMC Signals Cautiously More Positive Outlook During April Confab
The economic projections coming out of the Federal Open Market Committee’s April meeting were slightly stronger than the group’s March...
OCC’s Hsu Says Fintech Firms Should Be Chartered in ‘Safe and Sound Way’
Testifying before the House Financial Services Committee today, Acting Comptroller of the Currency Michael Hsu said that the OCC needs...
Arab Bank Executive Elected BAFT Chair
BAFT, the American Bankers Association’s global transaction banking subsidiary, has named Maram Al-Jazireh as chair of its board for the...
ABA Board Meets with Yellen
In a virtual meeting with Treasury Secretary Janet Yellen today, the American Bankers Association board and Yellen discussed the current...
OCC to ‘Reconsider’ CRA Revamp; Pauses Compliance for Certain Provisions
The OCC today said it will formally “reconsider” the agency’s June 2020 final rule revising the agency’s Community Reinvestment Act...
OCC’s Hsu Warns Against ‘Complacency’ as Recovery Revs Up
With projected economic growth expected to create a positive environment for bank performance in the remainder of 2021 and 2022,...
ABA, Trade Groups Release Report on Improving Financial Inclusion
The American Bankers Association, along with five financial services trade groups, released a white paper today outlining obstacles and solutions...
