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The National Credit Union Administration can no longer examine third-party vendors and service providers. That leaves the industry vulnerable to cybercriminals and other bad actors.
December 16 -
The FHFA should focus on the facts as it ponders the future of the Federal Home Loan Bank System.
December 14 -
Sens. Elizabeth Warren, D-Mass., and Pat Toomey, R-Pa., have joined forces to subject regional Fed banks to heightened public scrutiny. How long the coalition lasts depends on what that new scrutiny reveals.
December 13American Banker -
The agency is needlessly raising banks' costs at a time of severe economic uncertainty.
December 12 -
Rushing to create a central bank digital currency that is not permissionless and private would be dangerous to core American principles, according to a Minnesota Republican.
December 9 -
China and other countries are already working on their own central bank digital currency. Creating an American CBDC would ensure the dollar's place as a global reserve currency, a Connecticut Democrat writes.
December 9 -
A former Federal Reserve official argues that current rules allow banks to begin trading in crypto assets with virtually no oversight.
December 7 -
Federal law requires one Federal Deposit Insurance Corp. board member to have state bank supervisory experience, but if no one takes that requirement seriously it should be scrapped.
December 6American Banker -
Most theories of the case for ESG investing demand that companies act in ways that are counter to the interests of their shareholders.
December 5New York University Stern School of Business -
Protecting depositors' stablecoin holdings could be the difference between providing the economy with a new boost and creating unnecessary drag.
December 2Roosevelt Institute, Georgia State