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Thursday, April 5, 2018   (0 Comments - view/add)
House vote on Volcker rule bill expected next week »
The House is set to vote next week on legislation that would exempt banks with less than $10 billion in assets from the Vo...
Wednesday, April 4, 2018   (0 Comments - view/add)
FinCEN Publishes Long-Awaited FAQs on Beneficial Ownership Rule »
The Financial Crimes Enforcement Network yesterday published a long-expected set of frequently asked questions on expanded...
Wednesday, April 4, 2018   (0 Comments - view/add)
Treasury Issues Recommendations for CRA Modernization »
As bank regulators work toward modernizing the Community Reinvestment Act -- with an advance notice of proposed rulemaking...
Wednesday, April 4, 2018   (0 Comments - view/add)
Mulvaney to Warren: You created CFPB to be free of micromanaging »
In a letter to the editor, Consumer Financial Protection Bureau acting Director Mick Mulvaney refutes claims by Sen. Eliza...
Tuesday, April 3, 2018   (0 Comments - view/add)
New York Fed Picks John Williams as President »
The Federal Reserve Bank of New York said John Williams, who has helmed the San Francisco Fed since 2011, will become its...
Tuesday, April 3, 2018   (0 Comments - view/add)
Tax lien data to be eliminated from credit reports »
Equifax, TransUnion and Experian are removing information about consumers' tax liens from credit reports, but the effect r...
Tuesday, April 3, 2018   (0 Comments - view/add)
Mulvaney Calls for Key Changes to CFPB in Semiannual Report »
In a semiannual report to Congress released yesterday, Consumer Financial Protection Bureau Acting Director Mick Mulvaney...
Tuesday, April 3, 2018   (0 Comments - view/add)
Fed, OCC Approval Finalizes Rule Raising CRE Appraisal Threshold »
The Federal Reserve and the OCC yesterday approved a final rule raising the required appraisal thresholds for commercial r...
Tuesday, April 3, 2018   (0 Comments - view/add)
IRS, Treasury Issue Guidance on Net Business Interest Expense Deductibility »
With the new tax law limiting the deductibility of net business interest expense, the Treasury Department and the Internal...
Tuesday, April 3, 2018   (0 Comments - view/add)
Report: Ag Lending Grows 6 Percent in 2017 »
The nation’s farm banks increased agricultural lending by nearly 6 percent, or $5.9 billion, to $106 billion in 2017, acco...
Monday, April 2, 2018   (0 Comments - view/add)
Banks fear overexposure from Fed proposal »
Banks are worried the Federal Reserve's proposed supervisory guidance for risk management would overly expose operations t...
Monday, April 2, 2018   (0 Comments - view/add)
Banking guidance for pot industry wanted from Sessions »
Attorney General Jeff Sessions is being asked for guidelines on how banks can serve the cannabis industry in states where...
Monday, April 2, 2018   (0 Comments - view/add)
Banks attracting short sellers »
Short sellers often go after banks because of the cyclical nature of the business and because of pressure on banks from re...
Monday, April 2, 2018   (0 Comments - view/add)
Change in Pension Accounting Causes Last-Minute Changes to Call Reports »
Banks with defined benefit pension plans will need to make previously unanticipated changes in first quarter Call Reports,...
Monday, April 2, 2018   (0 Comments - view/add)
Agencies Finalize Technical Call Report Revisions »
The federal banking agencies on Friday finalized additional technical revisions to the Call Report, which will take effect...
Friday, March 30, 2018   (0 Comments - view/add)
ABA Calls for Flexibility from FASB as Libor Transition Commences »
With the New York Federal Reserve beginning to publish the Secured Overnight Financing Rate -- or SOFR -- next week, ABA y...
Friday, March 30, 2018   (0 Comments - view/add)
CFPB Seeks Input on Guidance, Implementation Support »
The Consumer Financial Protection Bureau has issued a request for information seeking feedback on the guidance and impleme...
Friday, March 30, 2018   (0 Comments - view/add)
ABA Wins on Two Counts in Credit Union Field of Membership Lawsuit »
A U.S. District Court judge yesterday invalidated a portion of the National Credit Union Administration’s field of members...
Friday, March 30, 2018   (0 Comments - view/add)
Lawmaker denounces "tyranny" of CFPB's Mulvaney »
Rep. Don Beyer, D-Va., said the "tyranny of Mick Mulvaney and of payday lenders will not stand" during a news conference o...
Friday, March 30, 2018   (0 Comments - view/add)
OCC to clarify its position on small-dollar lending by banks »
The Office of the Comptroller of the Currency is expected to make an announcement in the next two months about its positio...
Thursday, March 29, 2018   (0 Comments - view/add)
Commentary: Libor's rise no longer danger for banks »
The recent increase in the London Interbank Offered Rate no longer equates to bank stress as it did a decade ago, writes P...
Thursday, March 29, 2018   (0 Comments - view/add)
FDIC vice chair cautions against any big Dodd-Frank changes »
Lawmakers need to remember what happened during the financial crisis when making changes to the Dodd-Frank Act, outgoing F...
Thursday, March 29, 2018   (0 Comments - view/add)
Begor named Equifax CEO »
Mark Begor will become Equifax CEO on April 16, with interim CEO Paulino Do Rego Barros aiding the transition before he re...
Thursday, March 29, 2018   (0 Comments - view/add)
Senate Dems criticize CFPB moves on small-dollar lending »
Senate Democrats have written a letter that criticizes the Consumer Financial Protection Bureau for dropping cases against...
Thursday, March 29, 2018   (0 Comments - view/add)
Fed's Dudley recommends employee surveys at banks »
US banks can get a clearer picture of internal culture and conduct by surveying employees, said Federal Reserve Bank of Ne...
Thursday, March 29, 2018   (0 Comments - view/add)
Federal Reserve Proposes Changes to Appeals Process »
Last month, the Federal Reserve proposed amendments to its appeals process guidelines. These are the first changes conside...
Thursday, March 29, 2018   (0 Comments - view/add)
Fannie Mae, Freddie Mac Announce 2019 Date for New Single Security »
Fannie Mae and Freddie Mac yesterday announced that the new common security they have been developing -- the uniform mortg...
Wednesday, March 28, 2018   (0 Comments - view/add)
Trump renews executive order on cyberthreats posed by other countries »
An executive order from President Donald Trump extends the federal government's authorization to use sanctions to retaliat...
Wednesday, March 28, 2018   (0 Comments - view/add)
Funding behind English's CFPB lawsuit a mystery »
Consumer Financial Protection Bureau Deputy Director Leandra English is not funding her lawsuit that challenges CFPB leade...
Wednesday, March 28, 2018   (0 Comments - view/add)
Fed's Dudley urges cross-border policy on bank failure »
Federal Reserve Bank of New York President William Dudley urges regulators to develop a cross-border contingency plan to h...
Tuesday, March 27, 2018   (0 Comments - view/add)
Quarles: Revision of lending rules may be necessary »
Industry consolidation and the rise of financial-technology firms mean the Federal Reserve might need to change Community...
Monday, March 26, 2018   (0 Comments - view/add)
Fed Releases Audited Financial Statements »
The Federal Reserve on Friday released 2017 financial statements -- independently audited by KPMG -- for the combined syst...
Monday, March 26, 2018   (0 Comments - view/add)
ABA Issues Staff Analysis of Court’s Ruling on TCPA »
With a federal appellate court recently striking down some of the Federal Communications Commission’s constraints on when...
Monday, March 26, 2018   (0 Comments - view/add)
Bill to scale back Dodd-Frank rules bogs down in House »
Financial institutions are pressing Republican leaders in the US House to bring a Senate-passed bill, exempting many small...
Monday, March 26, 2018   (0 Comments - view/add)
Three states considering creation of public banks »
New Jersey, California and Massachusetts officials have expressed interest in creating public banks. The reasons they cite...

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