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  The payday loan rule was received by the Speaker of the House on November 13 and referred to the Senate Banking Committee on November 15. [read post]
8 Jan 2009, 11:00 am
Chris Dodd, chairman of the Senate Banking Committee, continues to dodge questions about his sweetheart mortgage deal from Countrywide Financial, a company implicated in the nationwide mortgage collapse. [read post]
14 Mar 2019, 10:21 am by Xi Lucy Shi
Congressional Democrats on Wednesday reintroduced the Equality Act, which, if signed into law, would be the first federal law protecting LGBTQ+ Americans. [read post]
On April 30, 2020 the Federal Reserve released new term sheets for the Main Street Loan Program, which is a $600 billion loan program, that will include $75 billion capitalized by the Treasury Department under the $454 billion Congressional appropriation of Section 4003(b)(4) of Title IV of the CARES Act. [read post]
20 Nov 2009, 5:34 am
  It was adopted by a bipartisan vote of 43-26, despite the central bank’s strong concern that such audits could lead to the belief that its monetary policy decisions would be subject to political interference.We will continue to monitor this important issue as it makes its way through the legislative process, and will provide updates on InsureReinsure.com. [read post]
2 Dec 2010, 2:35 am by Jason Poblete
Under Secretary for Terrorism and Financial Intelligence Stuart Levey testified yesterday before a Congressional committee on the implementation of economic sanctions on the Iranian regime. [read post]
10 Sep 2011, 2:00 pm by Lucas A. Ferrara, Esq.
Here's how:As you may know, there's a Special Election in New York's 9th Congressional District this Tuesday. [read post]
28 Jan 2009, 10:04 am
So Limbaugh will be laughing to the bank and Democrats look just like whiners. [read post]
30 Oct 2012, 9:01 pm by Lawrence B. Ebert
A visit to a pawnshop turns up two items, a gun and a Congressional Medal of Honor (Moore's), which define the two main story themes.Of the gun, a person was shot in a Ferrari, owned by one Vijay Chaya. [read post]
1 Jun 2009, 7:12 am
National Australia Bank Ltd., et al. [read post]
12 Feb 2016, 12:52 pm by Jack Sharman
For corporations, executives and businesspersons of all stripes, there is a great deal to learn from Congressional investigations: As the former Special Counsel to House Committee on Banking and Financial Services for the Whitewater investigation involving President and Mrs. [read post]
13 Oct 2020, 6:50 am by Jeremy T. Rosenblum and Mindy Harris
” Supporting comments cite the OCC’s clear authority to adopt the Proposed Rule and the alignment of the Proposed Rule with the OCC’s congressionally established responsibilities to assure the safety and soundness of banks, compliance with laws and regulations, fair access to financial services, and fair treatment of customers by the institutions and other persons subject to its jurisdiction. [read post]
18 Aug 2013, 1:50 am by Kevin LaCroix
The FDIC has closed two more banks during August 2013, bringing the number of failed banks this year to eighteen and bringing the total number of bank failures since January 1, 2007 to 486. [read post]
29 Mar 2023, 11:15 am by Guest Author
It kept a banking license, dressed up like a bank, and even suffered bank regulation, such as it was, but somewhere along the way it had stopped acting like a bank. [read post]
17 Feb 2008, 9:17 pm
Congressional Democrats aren't going to let the matter drop and they've got a new angle. [read post]
27 Jul 2015, 7:43 am by Barbara S. Mishkin
Circuit, in State National Bank of Big Spring, Texas, et al. v. [read post]
18 Sep 2018, 5:00 am by Bert Louthian
The scandal led to the CEO’s removal and even sparked Congressional hearings. [read post]
11 Nov 2008, 9:06 am
There’s a very sensible reason for this rule: to ensure that companies don’t purchase other companies simply as a tax dodge.But a little-noticed September IRS administrative ruling creates a specific, temporary exemption from this rule for banks acquiring other banks whose tax losses are attributable to bad loans.It's not that often that a new tax cut gets implemented without Congress ever lifting a finger, but that's what happened when the Bush… [read post]