NCUA Board Member Gigi Hyland represented the agency at the inaugural meeting of President Bush's Identity Theft Task Force. The task force, co-chaired by the attorney general and the chairman of the FTC, includes representatives from other executive branch departments and the federal financial regulatory agencies. The task force's goals include: aggressive law enforcement actions designed to prevent, investigate and prosecute ID theft; improved public outreach to better educate the public about ID theft and address how the private sector can implement measures to protect personal data; and increased safeguards that federal departments, agencies and instrumentalities can implement.
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In the third quarter, America's second-largest bank surpassed Wall Street's forecasts for net income, revenue and earnings per share.
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The Pittsburgh-based bank's solid third quarter comes weeks after it announced it plans to acquire a Colorado bank for $4.1 billion.
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Bridge will join a number of digital asset firms vying for the coveted charter, seizing on the crypto-friendly environment in the second Trump term.
October 14 -
Treasury laid off all of its Community Development Financial Institution Fund staff on Friday, with the reduction in force notices saying that the department plans on abolishing the fund.
October 14 -
After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment.
October 14 -
The San Francisco-based banking giant reported a 9% annual jump in quarterly profits. It also made official its appointment of CEO Charlie Scharf as chairman.
October 14