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24 Jun 2022, 12:02 pm
Thereafter, T.H.R. brought suit in the Court of Federal Claims on the TO 26 claim. [read post]
24 Jun 2022, 9:58 am
In a series of moves last year, the Reserve Bank of India indefinitely barred Mastercard, American Express and Diners Club from issuing new debit, credit or prepaid cards to customers over noncompliance with local data storage rules (PDF). [read post]
24 Jun 2022, 7:23 am
In a series of moves last year, the Reserve Bank of India indefinitely barred Mastercard, American Express and Diners Club from issuing new debit, credit or prepaid cards to customers over noncompliance with local data storage rules (PDF). [read post]
23 Jun 2022, 6:26 am
Thomas is widely-viewed as the nation’s leading CRA expert and has advised federal regulators on CRA reform. [read post]
22 Jun 2022, 9:01 pm
Eligible high-quality liquid assets would include: U.S. coins and currency and other legal tender, demand deposits at a depository institution, balances held at a Federal Reserve bank, foreign withdrawable reserves, securities issued by or guaranteed by the Treasury Department with an original matur [read post]
22 Jun 2022, 10:14 am
Several Federal Open Market Committee (FOMC) members promoted the goal of “inclusive” employment even as inflation began to creep up. [read post]
22 Jun 2022, 2:10 am
Holidays Private employers are not required to observe national holidays, except for banks that follow the closing schedule of the Federal Reserve Board. [read post]
16 Jun 2022, 9:05 pm
The Federal Reserve raised interest rates by three-quarters of a point, the largest rate increase since 1994. [read post]
16 Jun 2022, 6:32 am
Federal Reserve took its first major step to combat the fastest reported inflation growth in 40 years by committing to a 50 basis-point rate increase, and rate hikes are likely to continue as inflation persists. [2] This news caused financial markets to continue to trend downward with considerable volatility, and navigating this challenging inflationary, supply chain and human capital environment will remain a central focus for corporate executives, boards of directors and… [read post]
16 Jun 2022, 6:32 am
Federal Reserve took its first major step to combat the fastest reported inflation growth in 40 years by committing to a 50 basis-point rate increase, and rate hikes are likely to continue as inflation persists. [2] This news caused financial markets to continue to trend downward with considerable volatility, and navigating this challenging inflationary, supply chain and human capital environment will remain a central focus for corporate executives, boards of directors and… [read post]
15 Jun 2022, 2:57 pm
Birmingham Board of Education). [read post]
13 Jun 2022, 7:26 am
Either the OCC, the FDIC or the Federal Reserve Board already examine banks having less than $10 billion in assets for compliance with applicable federal consumer financial protection laws and the CRA (over which the CFPB has no supervisory jurisdiction) and, therefore, the CFPB’s input in determining whether the merging banks are meeting the convenience and needs of the community is of limited or no value. [read post]
13 Jun 2022, 12:00 am
Professional licenses are revoked or suspended by professional boards that are staffed by members of the profession. [read post]
8 Jun 2022, 9:01 pm
Board overruled Plessy v. [read post]
7 Jun 2022, 10:32 am
Last month, a federal appeals panel gave the back of its hand to Rep. [read post]
1 Jun 2022, 8:43 am
Meanwhile, on the other side of the National Mall, the Board of Governors of the Federal Reserve System has been actively studying whether and how to launch a CBDC, which would be a digital form of money that would be widely available to the general public, and—significantly—would be a liability of the Federal Reserve, not a commercial bank. [read post]
1 Jun 2022, 8:43 am
Meanwhile, on the other side of the National Mall, the Board of Governors of the Federal Reserve System has been actively studying whether and how to launch a CBDC, which would be a digital form of money that would be widely available to the general public, and—significantly—would be a liability of the Federal Reserve, not a commercial bank. [read post]
31 May 2022, 5:44 am
In fact, the Federal Reserve has placed direct blame on Wells Fargo’s LID, stating in a letter that “you did not appear to lead the independent directors in pressing firm management for more information and action, even after you were aware of the seriousness of the problems” and that “[a] lead independent director is appointed to… provide an alternative view of, and (when necessary) check on, executive directors of the board and the… [read post]
31 May 2022, 5:44 am
In fact, the Federal Reserve has placed direct blame on Wells Fargo’s LID, stating in a letter that “you did not appear to lead the independent directors in pressing firm management for more information and action, even after you were aware of the seriousness of the problems” and that “[a] lead independent director is appointed to… provide an alternative view of, and (when necessary) check on, executive directors of the board and the… [read post]
30 May 2022, 9:02 pm
Feinstein of the University of Pennsylvania’s Wharton School on regional Federal Reserve bank board diversity; and Daniel E. [read post]
