On August 7, President Trump signed a landmark executive order, “Guaranteeing Fair Banking for All Americans.” This sweeping action prohibits financial institutions of any size from denying services to individuals or businesses based on political or religious beliefs, orientation, or lawful industry involvement. The order is already being called one of the most consequential banking actions in years.… Continue Reading| Consumer Finance Monitor
The Financial Crimes Enforcement Network and U.S. banking agencies today released guidance for financial institutions on how to share financial| ABA Banking Journal
The American Bankers Association today recommended that federal regulators quickly finalize a series of proposed changes to the enhanced supplementary| ABA Banking Journal
The American Bankers Association yesterday said it supports proposed revisions to the Call Report that ease a compliance burden on| ABA Banking Journal
A White House task force yesterday released a report on strategies to strengthen U.S. leadership in digital assets, including policy| ABA Banking Journal
The House Financial Services Committee this week advanced six bills supported by the American Bankers Association, including legislation concerning the| ABA Banking Journal
The Federal Reserve, FDIC and Office of the Comptroller of the Currency today published the fourth in a series of| ABA Banking Journal
The embattled crypto-service bank got a lifeline of liquidity in the fourth quarter of 2022 from the Federal Home Loan Bank System, raising new questions about both the Home Loan banks' purpose and crypto contagion.| American Banker
On July 14, the OCC, Federal Reserve, and FDIC announced the release of a joint statement clarifying how existing laws and regulations apply to| Consumer Finance and Fintech Blog
FDIC insurance is a great way to protect your hard-earned wealth. Read this blog to learn how it works and how to maximize it.| Tencap LLC
Banking regulators today announced they have temporarily paused certain appraisal requirements for real estate-related transactions in Los Angeles County in| ABA Banking Journal
The FDIC announced today plans to alter its approach to insured depository institution resolution planning. According to a news release,| ABA Banking Journal
If you didn't have the opportunity to walk the exhibit hall floor at Lucas Oil Stadium, check out these top products and apparatus from the conference| EMS1
Acting FDIC Chairman Travis Hill today released a list of priorities for the agency in coming months, promising to revisit| ABA Banking Journal
The FDIC yesterday sued 17 former executives and directors of Silicon Valley Bank, alleging their gross negligence led to the| ABA Banking Journal
A proposed rule to establish uniform financial data standards across regulatory agencies should either be revised to comply with federal| ABA Banking Journal
The First National Bank of Lindsay in Lindsay, Oklahoma, was closed Friday by the Office of the Comptroller of the| ABA Banking Journal
The FDIC has released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas| ABA Banking Journal
The FDIC board this week reviewed the first round of bank merger applications under a new policy that requires automatic| ABA Banking Journal
The Deposit Insurance Fund balance was $129.2 billion at the end of the second quarter of 2024, up $7.5 billion| ABA Banking Journal
Four federal agencies today proposed a joint rule that would align each agency's Bank Secrecy Act compliance program requirements with| ABA Banking Journal
Federal banking regulators today made available the 2024 list of distressed or underserved nonmetropolitan middle-income geographies. Distressed or underserved nonmetropolitan| ABA Banking Journal
Five agencies today issued final guidance to highlight what they said are the risks associated with deficient residential real estate| ABA Banking Journal
Bank regulators have failed to consistently document their analyses and reviews of proposed and existing rules, with the Federal Reserve| ABA Banking Journal
Six federal agencies today issued a final rule to regulate the credibility of algorithmic models used in real estate valuations.| ABA Banking Journal
The American Bankers Association and two banking associations today asked the FDIC to extend by one year the compliance deadline| ABA Banking Journal
The FDIC has been faulted for a culture plagued by a lack of accountability. Where does that failure come from, exactly?| Radical Compliance
The FDIC released a scathing report of the agency’s own failure to uphold a culture of compliance and accountability. Let's get into it.| Radical Compliance