DOJ Seeks Public Feedback on Bank Merger Antitrust Reviews
Noting the rapid technological transformation of financial services, the Justice Department’s Antitrust Division today requested public comments on whether and...
Newsbytes
Federal, State Regulators Issue Statement on Banks Affected by Hurricane, Wildfires
The federal and state banking regulators issued an interagency statement today regarding financial institutions affected by Hurricane Laura and the...
BLS: Job Growth to Slow, Labor Force Participation to Drop by 2029
Jobs in the U.S. economy are projected to rise from 162.8 million in 2019 to 168.8 million in 2029, according...
House Dems, GOP Release Dueling PPP Reports
In advance of an oversight hearing today, Democrats and Republicans on the House Select Subcommittee on the Coronavirus Crisis today...
CNBC: More Americans Saving Post-COVID
Amid the uncertainty stemming from the coronavirus pandemic and the policy response to it, six in 10 Americans describe themselves...
Manufacturing Sector Growth Continues in August
The ISM Manufacturing Index registered 56.0 points in August, an increase of 1.8 percentage points from the July reading of...
Construction Spending Rises Slightly in July
Construction spending rose 0.1% at a seasonally adjusted annual rate (SAAR) of $1,364.6 billion in July, according to the Census...
CFPB: About 6% of Mortgage Borrowers Receiving Coronavirus Relief
Around 6% of outstanding first-lien mortgages in June 2020 were reporting zero payment due based on credit bureau data, up...
ABA: GSE Capital Re-Proposal Raises New Concerns
While noting that the Federal Housing Finance Agency’s re-proposed regulatory capital framework for Fannie Mae and Freddie Mac addresses concerns...
ABA, Groups Applaud Agencies’ Recent Swap Regulation Actions
ABA joined a coalition of financial trade groups last week welcoming action by financial regulators to provide regulatory relief to...
