Postal Service extends implementation date for cash deposits rule
The U.S. Postal Service will extend the effective starting date for a rule requiring commercial cash deposits over $500 to...
Policy
Hsu sees need for international crypto regulation
The collapse of cryptocurrency exchange FTX happened in an international regulatory vacuum that allowed the firm to hide fraudulent activity...
Gruenberg: Rising interest rates could cut into bank profitability
The current interest rate environment has had “dramatic effects” on the profitability and risk profiles for banks’ funding and investment...
GOP senators urge Fed to tread lightly on revising capital requirements
As the Federal Reserve undertakes a review of bank capital requirements, it must remember that those requirements need to be...
House Republicans seek answers on CFPB’s credit card fee rule
A proposal by the CFPB to limit credit card late fees would have negative economic consequences for consumers and the...
Lawmakers raise concerns about balance sheet treatment of crypto custody assets
Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) this week asked the banking agencies for clarification regarding an April...
OCC’s Hsu to speak at ABA Washington Summit
Acting Comptroller of the Currency Michael Hsu will speak at the 2023 ABA Washington Summit, to be held March 20-22.
FHA issues final rule for transitioning ARMs off Libor
The Federal Housing Administration this week published a final rule removing Libor as an approved index for adjustable-rate mortgages and...
Treasury’s Liang announces interagency CBDC working group
The Treasury Department will form an interagency working group to explore the benefits, risks and potential use cases for a...
Podcast: Building banker skills with cross-generational learning
As a bank leader, Alicia Wade notes that we're at a unique moment that won't recur for many years: having...
