Brendan Pedersen covered Capitol Hill and regulatory politics for American Banker until September 2022. From 2019-2021, he covered the Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency as well as fintech policy. Originally from Chicagoland, he was previously a staff writer for Kiplinger's Personal Finance and covered local business affairs in Denver, Colorado for BusinessDen.
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The judge sided with the New York State Department of Financial Services, which had sued the OCC over the proposed charter.
October 21 -
The chairman acknowledged the timetable is "ambitious."
October 21 -
Kenneth Blanco's tough comments appeared to target payments providers that offer their users anonymity.
October 21 -
With policymakers casting doubt on Facebook's cryptocurrency and some of the social media giant's partners pulling out, a Federal Reserve governor continued the drumbeat of criticism.
October 16 -
The three federal bank regulators often say they want to work together to reform the Community Reinvestment Act. But once again, a senior official has raised the possibility the agencies will move separately.
October 16 -
The Office of the Comptroller of the Currency found deficiencies related to the bank's holding period for "other real estate owned."
October 11 -
All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said.
October 9 -
The payments company’s departure from the association leading Facebook’s Libra cryptocurrency plan is the clearest sign that skeptical policymakers are the plan's biggest obstacle.
October 9 -
A new law authorizes municipalities in the nation’s largest state to charter their own financial institutions to reinvest public funds into the community.
October 3 -
The new regulation will allow more flexibility for board directors and senior managers to serve at multiple institutions.
October 2
