Page 21 - Acting Comptroller News Today

The prospect that high rates will continue to weigh on indebted households and firms as the race heats up could undercut his message of optimism.

June 7, 2023- The U.S. Committee on Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions held a hearing entitled,...

In a new set of policy recommendations rolled out yesterday and shared with MM, BPI has a lot of thoughts on what regulators should do in the wake of SVB’s failure.

June 8, 2023- U.S. House Financial Services Committee Chairman Patrick McHenry (NC-10), along with National Security, Illicit Finance, and International Financial Institutions...

Bankers and a key government supervisor say the downfalls of multiple regional lenders reminded regulators that traditional M&A is better for the industry than failed-bank-deals.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated seven leading members of a Russian intelligence-linked malign…

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry...

June 5, 2023- The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated seven leading members of a Russian intelligence-linked malign influence...

June 6, 2023- Federal bank regulatory agencies issued final joint guidance designed to help banking organizations manage risks associated with third-party relationships,...

It would be a mistake for regulators in the U.S. and Canada to delay the rollout of rules supporting open banking. Fears of bank runs as a result of customer access to their own financial data are overblown.