ABPolicy & Regulation Archives

  • Banking

    Confusion is building in the mortgage market about conflicting deadlines for loans backed by Fannie Mae and Freddie Mac to…

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  • Banking

    WASHINGTON — Michael Hsu will take over as the acting head of the Office of the Comptroller of the Currency…

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    WASHINGTON — A group of bank and fintech trade associations urged Congress not to strike down a rule defining the…

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    WASHINGTON — Financial industry groups called on the Office of the Comptroller of the Currency this week to formally withdraw…

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  • Banking

    WASHINGTON — After months of suspense over when the Biden administration would name an acting comptroller of the currency, reports…

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  • Banking

    WASHINGTON — The Federal Reserve proposed new guidelines for the system’s regional banks when considering giving access to fintech firms…

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  • Banking

    Lenders could be clashing with an old nemesis soon. Richard Cordray, 62, has been named chief operating officer of federal…

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  • Banking

    WASHINGTON — Critics of nontraditional bank charters like trusts and industrial loan companies have often looked to Congress to intervene…

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  • Banking

    WASHINGTON — Federal Reserve Chair Jerome Powell indicated his support on Monday for subjecting non-depository institutions to the Community Reinvestment…

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  • Banking

    WASHINGTON — Treasury Secretary Janet Yellen reportedly plans to name a senior Federal Reserve official to lead the Office of…

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  • Banking

    Something doesn’t add up. Consumer credit has held up remarkably well during the pandemic, and household debt has shrunk. Even…

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  • Banking

    WASHINGTON — The Federal Deposit Insurance Corp. banned a former Bank of the West employee from the industry after he…

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  • Banking

    WASHINGTON— The Federal Reserve’s top supervisory official said Thursday that bank regulators should be paying more attention to the rise…

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  • Banking

    Below is a lightly edited transcript of the podcast: PRIOR: The COVID-19 pandemic didn’t slow down the auto salvage business.…

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  • Banking

    WASHINGTON — Federal Reserve Chairman Jerome Powell said that concerns of a housing bubble are overblown, but that the central…

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  • Banking

    WASHINGTON — Democratic senators made clear their hopes of blocking a rule that makes it easier for national banks to…

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  • Banking

    WASHINGTON — The Federal Housing Finance Agency is launching a new program to help lower-income homeowners with Fannie Mae- or…

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  • Banking

    A small Chicago grocery chain rehabilitates a vacant strip mall in an area lacking food stores. In western Massachusetts, a…

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  • Banking

    WASHINGTON — Senate Banking Committee Chairman Sherrod Brown sharply criticized megabanks and fintech companies as he pitched his FedAccounts proposal…

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  • Banking

    WASHINGTON — It is well-established that mortgage lenders will need to pivot to new areas of growth as rising rates…

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  • Banking

    WASHINGTON — The cryptocurrency firm Paxos National Trust has received preliminary conditional approval by the Office of the Comptroller of…

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  • Banking

    WASHINGTON — As President Biden took office in January, leadership vacancies atop the Consumer Financial Protection Bureau and Office of…

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  • Banking

    WASHINGTON — Senate Democrats’ plan to push for comprehensive cannabis reform could spell trouble for financial institutions seeking legislation to…

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  • Banking

    WASHINGTON — As banks race to transition away from the London interbank offered rate, the head of Zions Bancorp. says…

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  • Banking

    WASHINGTON — The chief executives of six of the largest U.S. banks will appear before the House and Senate banking…

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  • Banking

    WASHINGTON — Rep. Andy Barr, R-Ky., has introduced legislation aimed at making it easier for new community banks to open…

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  • Banking

    WASHINGTON — The head of the Federal Deposit Insurance Corp. said on Wednesday that banks’ reliance on outdated legacy systems…

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  • Banking

    WASHINGTON — The Biden administration is moving to reinstate two key fair housing rules that were rolled back under President…

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  • Banking

    A debt-settlement firm owned by the founder of nonbank lender CashCall agreed to pay a $750,000 fine to address claims…

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  • Banking

    The CFPB’s decision last month to rescind a Trump-era guidance outlining what constitutes an “abusive” practice was a predictable outcome…

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  • Banking

    WASHINGTON — As the Financial Crimes Enforcement Network seeks public comment on developing a registry to crack down on anonymous…

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  • Banking

    WASHINGTON — The Federal Reserve should consider raising a required capital buffer when the economy is in good shape rather…

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  • Banking

    WASHINGTON — As the government urges the unbanked to open accounts to deposit pandemic relief funds, some experts highlight a…

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  • Banking

    WASHINGTON — The Federal Deposit Insurance Corp. has resurrected its push to modernize the agency’s iconic logo almost a year…

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  • Banking

    WASHINGTON— Following the 2008 financial crisis, lawmakers created the Financial Stability Oversight Council to serve as an early-warning system to…

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  • Banking

    WASHINGTON — In the final months of the Trump administration, the Department of Justice launched a plan to consider changes…

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  • Banking

    WASHINGTON — For months, regulators and Democratic policymakers have shined a brighter spotlight on social disparities in the financial system…

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  • Banking

    The Supreme Court has handed financial institutions a major victory in their fight against lawsuits involving automated calls and text…

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  • Banking

    WASHINGTON — The Consumer Financial Protection Bureau proposed new steps Monday intended to avert a wave of foreclosures resulting from…

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  • Banking

    WASHINGTON — Biden administration regulators are widely expected to abandon last year’s much-criticized rule from the Office of the Comptroller…

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  • Banking

    Below is a lightly edited transcript of the podcast: JOHN HELTMAN: Are you driving? JIM DONLAN: No, I’m parked. HELTMAN:…

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  • Banking

    WASHINGTON — Treasury Secretary Janet Yellen on Wednesday presided over her first Financial Stability Oversight Council meeting as chair, setting…

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  • Banking

    WASHINGTON— The Consumer Financial Protection Bureau is rescinding seven policy statements issued last year under the Trump administration that gave…

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  • Banking

    WASHINGTON— The Biden administration will not move to cut Federal Housing Administration mortgage premiums in the near term, said the…

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  • Banking

    WASHINGTON — The tie vote in the Senate Banking Committee earlier this month on Rohit Chopra’s nomination as Consumer Financial…

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  • Banking

    WASHINGTON — The federal bank and credit union regulators are seeking information about how financial institutions use artificial intelligence to…

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  • Banking

    WASHINGTON — The top Republican on the Senate Banking Committee criticized research by Federal Reserve Bank of San Francisco into…

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  • Banking

    The Consumer Financial Protection Bureau is giving its clearest signal yet that a 2020 regulation easing standards for payday lenders…

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  • Banking

    WASHINGTON — Thirty-four members of the Congressional Black Caucus are urging the Biden administration to tap Mehrsa Baradaran for comptroller…

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  • Banking

    WASHINGTON — Consensus is building among banks and regulators that federal legislation will be required to avoid undertainty and liability…

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