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24 Jan 2023, 9:02 pm by Trevor Kirby
Recognizing the growth of online and app-based lending, the FDIC has cautioned that consumers should verify with nonbank financial firms whether deposited funds are FDIC insured, even if nonbank financial firms advertise business partnerships with traditional banks. [read post]
5 Jan 2023, 6:13 am by Allan Blutstein
Senators Pat Toomey (R-PA) and Elizabeth Warren (D-MA) unveiled the Financial Regulators Transparency Act of 2022, which among other things would have extended the FOIA’s reach to regional Federal Reserve Banks and created special privileges and access rights for congressional requesters seeking records from the Federal Reserve, CFPB, SEC, FDIC, OCC, NCUA, and FHFA.None of the foregoing proposals became law. [read post]
12 Dec 2022, 5:24 am by Unknown
The data standards provision would apply to Treasury, the SEC, the FDIC, the OCC, the CFPB, the Fed, the National Credit Union Administration, and the Federal Housing Finance Agency. [read post]
7 Dec 2022, 8:36 am by Loran Kilson
Morial, President and CEO, National Urban League; The Honorable Byron Donalds (R-FL), United States House of Representatives; Mr. [read post]
22 Sep 2022, 11:24 am by Alan S. Kaplinsky
McKernan previously served as a Senior Policy Advisor at the Treasury Department and to Senator Bob Corker (R-TN). [read post]
23 Feb 2022, 11:14 am by Geoff Schweller
In response to these concerns, Senators Charles Grassley (R-IA) and Raphael Warnock (D-GA) are cosponsoring Senate Bill 3316. [read post]
17 Dec 2021, 11:17 am by Kristian Soltes
Block (SQ) shares fell about 5%, but that drop may also have something to do with a lawsuit filed against it by tax preparer H&R Block (HRB). [read post]
17 Dec 2021, 11:17 am by Kristian Soltes
Block (SQ) shares fell about 5%, but that drop may also have something to do with a lawsuit filed against it by tax preparer H&R Block (HRB). [read post]
7 Oct 2021, 11:48 am by Adam Levitin
The OCC is also the primary consumer protection regulator of all national banks with less than $10 billion in net assets, and the Comptroller is a member of the FDIC board. [read post]
7 Oct 2021, 11:48 am by Adam Levitin
The OCC is also the primary consumer protection regulator of all national banks with less than $10 billion in net assets, and the Comptroller is a member of the FDIC board. [read post]
13 Aug 2021, 8:15 am by Kristian Soltes
Treasury, Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). [read post]
13 Aug 2021, 8:15 am by Kristian Soltes
Treasury, Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). [read post]
7 Jul 2021, 3:31 pm by Moorari Shah and A.J. Dhaliwal
At the recent FDIC conference, “Fintech: A Bridge to Economic Inclusion,” FDIC Chairman Jelena McWilliams remarked that while the proportion of U.S. households that were banked in 2019 was 94.6 percent, 7 million households still reported no banking relationship. [read post]
4 May 2021, 11:11 am by Ana Popovich
” Additionally, the organizations write that the anti-retaliation provisions “exclude employees at FDIC-insured institutions and credit unions, thereby denying protection to employees of most US banks. [read post]
4 May 2021, 11:11 am by Ana Popovich
” Additionally, the organizations write that the anti-retaliation provisions “exclude employees at FDIC-insured institutions and credit unions, thereby denying protection to employees of most US banks. [read post]
29 Apr 2021, 5:34 pm by Adam Levitin
First, the FDIC's rule is not consistent with law, as required by the APA. [read post]