Page 37 - Acting Comptroller News Today

February 9, 2023- The Federal Reserve Board released the hypothetical scenarios for its annual stress test. This year, 23 banks will be tested against a severe global recession...

February 7, 2023 Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Chairman Patrick McHenry (R-NC) urging the Chair to...

Noting that historically, government collects less than 40 percent of the real property tax that is billed annually to property owners in The Bahamas, Prime Minister Philip Davis said yesterday his administration is focused on increasing that collection rate to 75 percent over the next four years. In fiscal year (FY) 2021/2022, the government collected

U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, announced the hearing schedule for the…

Pointing to an FDIC policy change in 2020, regulatory experts say it's time for the agency to revisit what constitutes a brokered deposit.

January 30, 2023- The U.S. House of Representatives passed several pieces of bipartisan financial services legislation. Among the bipartisan bills passed are initiatives to...

The Acting Comptroller of the OCC discussed the limits of large bank manageability and the steps that regulators can take to address the risks posed by size and complexity. ...

January 25, 2023 The Financial Crimes Enforcement Network (FinCEN) is issuing an alert to financial institutions on potential investments in the U.S. commercial real estate sector by...

Major Developmens- Secretary of the Treasury Janet L. Yellen Sends Letter to Congressional Leadership on the Debt Limit- January 24, 2023- U.S. Secretary of the...

Rep. French Hill will play a key role in legislation and oversight of crypto as Washington moves closer to setting new rules for the industry.