Texas court expands 1071 injunction to cover all banks
A Texas court expanded a preliminary injunction on enforcement of the CFPB’s Section 1071 small business data collection rule to...
Policy
Lawmakers urge Fed to delay debit card fee proposal
The Federal Reserve should delay any proposals on debit card fees due to a lack of adequate data to support...
Fed proposes lowering debit card fee cap, revisiting figure on biennial basis
The Federal Reserve proposed to significantly lower the cap on debit card interchange fees earned by banks and institute a...
Banking agencies release guidance for climate-related financial risk management
The FDIC, Federal Reserve and Office of the Comptroller of the Currency released interagency guidance for managing climate-related risk at financial...
FDIC to ease banking hiring requirements for people with criminal backgrounds
The FDIC board voted in favor of proposed rulemaking to implement the Fair Hiring in Banking Act, a 2022 law...
Banking regulators release CRA final rule
The Federal Reserve, FDIC and OCC released the final rule to modernize how they assess compliance with the Community Reinvestment...
Third-party review finds faults in FDIC supervision of Signature Bank
FDIC examiners missed multiple opportunities to downgrade Signature Bank’s management component rating and escalate concerns before its failure in March,...
Farm banking priorities: A legislative forecast for the coming year
As ag and rural banks enter 2024, a host of legislative issues currently being debated stand ready to affect the...
ABA, associations urge Fed to reject changes to debit fee cap
In a joint letter, ABA and eight banking and credit union associations urged the Federal Reserve to reject merchant requests...
Agencies extend comment period on proposed capital requirements
The FDIC, Federal Reserve and OCC announced that they have extended the period for public comment on the proposed capital...
