Former Fed vice chair: Fed isn’t ‘legally required’ to revisit debit fee caps
The Federal Reserve was not “legally required” to reopen debit card interchange caps and should not have done so, former...
Policy
FHFA’s Thompson: Home loan banks not meant as lender of last resort
The Federal Housing Finance Agency is seeking to better balance the mission of the Federal Home Loan Bank system to...
Banking regulators preview 2024 supervisory priorities
The areas of supervisory focus for banking regulators in 2024 will look a lot like their focus since the bank...
FDIC issues final special assessment to recover Deposit Insurance Fund losses
The FDIC approved a final special assessment to recover the hit to the Deposit Insurance Fund resulting from the agency’s...
Bank CEOs say industry remains strong as economy slows
The U.S. banking industry remains solid despite higher interest rates and the fallout from the bank failures earlier this year,...
Former OCC head: Bank regulators should return to focusing on core issues
Banking supervisors need to focus on the “big issues” of safety and soundness and get away from trying to manage...
Gruenberg: Incentive pay rulemaking likely delayed until 2024
FDIC Chairman Martin Gruenberg said that proposed interagency rulemaking to implement incentive pay requirements in the Dodd-Frank Act likely won’t...
Labor Department rejects request for fiduciary rule comment extension
The Department of Labor rejected a request for an extension of the public comment period for a proposed new rule...
FHFA sets 2024 loan purchase caps for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency announced that the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac will...
Congressional resolution would overturn SEC cyber incident reporting rules
Rep. Andrew Garbarino (R-N.Y.) and Sen. Thom Tillis (R-N.C.) introduced a resolution of disapproval to overturn the Securities and Exchange...
